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Contractors Business Seeking Loan in Chennai, India

Contracting firm with 9 completed projects seeking debt capital to fund the upcoming project.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 260 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 15 %
Industries Contractors
Locations  Chennai
Local Time 9:15 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 20 thousand for 12.0% annual interest, 2 years (Native Currency: INR 1,500,000)
Reason: To fund the working capital of the upcoming project. This is part of expense that we typically incur... View More
Collateral Available: USD 0
Includes physical assets worth USD 700 thousand
Name, Phone, Email
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Business Name
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Business Overview

- Chennai-based contracting firm providing designing, renovating, and interior designing services.

- We have completed 8 residential and 1 commercial project since inception with an average measurement of 50,000 sq. ft. build-up area.

- One project worth INR 5.5 crores is in the pipeline.

- Average project value is INR 5 crores with an average duration of 12 - 14 months.

- We take up projects on a contract basis and do not have any fixed clients.

- Have fixed vendors for all the construction material.

- Promoter has 10+ years of experience in the industry.

- Business experienced a small drop in revenue due to the ongoing pandemic.

Products & Services Overview

Contracting and designing, renovations, and interiors designing.

Assets Overview

Building, office furniture, and office equipment.

Facilities Overview

Owned office measuring 8,000 sq. ft. build-up area.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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