Contractors Company Seeking Loan in Chennai, India

Business that provides manpower and materials for construction and facility maintenance on contract basis.

Established	5-10 year(s)
Employees	10 - 50
Legal Entity	Private Limited Company
Reported Sales	USD 22 thousand
Run Rate Sales	Nil
EBITDA Margin	15 %
Industries	Contractors
Locations	Chennai
Local Time	11:06 AM Asia / Kolkata
Listed By	Business Owner / Director
Status	Active

6.3 / 10

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Seeking Loan

USD 6 thousand for 10.0% annual interest, 1 year (Native Currency: INR 500,000)

Reason: To fund the initial working capital of the project undertaken.

Collateral Available: USD 0

Includes physical assets worth USD 600

Interested to connect with advisors

Documents

ROC-Verification.pdf (60.7 KB)

Incorporation Certificate (527.4 KB)

Business Overview

- Ayapakkam-based contracting business.

- We supply manpower and materials to do power control center (PCC) works for installing ring main unit (RMU) transformer.

- One of our major clients is L&T.

- Raw materials, labour, and machinery are hired on a contract basis.

-The promoter has 14 years of experience in Singapore in the field of facility management and now has started this company in India.

- Experienced a drop in revenue due to suspended business during the lockdown.

Products & Services Overview

Civil work that includes designing and building, electrical work, heating, and ventilation. Facility maintenance.

Assets Overview

4 desktops, 1 laptop, office equipments, and furniture.

Facilities Overview

Currently, we are operating in an owned home based office.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Doctor, Healthcare, Chennai, Individual Investor / Buyer connected with the Business
Earlier than 15 days
CEO, IT, Chennai, Individual Investor / Buyer connected with the Business

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Contractors Company Seeking Loan in Chennai, India

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