Contractors Company Seeking Loan in Kolkata, India

Construction business seeking loan to continue with the construction of a hospital for Odisha government.

This Business is on a Premium Plan

Established	10-20 year(s)
Employees	10 - 50
Legal Entity	Private Limited Company
Reported Sales	USD 1.1 million
Run Rate Sales	USD 1.4 million
EBITDA Margin	10 %
Industries	Contractors
Locations	Kolkata
Local Time	6:44 AM Asia / Kolkata
Listed By	Management Member
Status	Moderately Active

8 / 10

Compare with industry

Seeking Loan

USD 240 thousand for 10.0% annual interest, 2 years (Native Currency: INR 20,000,000)

Reason: Funds will be used to submit the bank guarantee and working capital. The valuation is based on the c... View More

Collateral Available: USD 40 thousand

Includes physical assets worth USD 360 thousand

Interested to connect with advisors

Name, Phone, Email

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Business Name

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User Verification

Documents

ROC-Verification.pdf (74.6 KB)

Business Overview

- We are a contracting business that majorly undertakes projects related to the healthcare sector.

- Have completed the construction of 10+ hospitals to date.

- Have acquired a government contract to build a hospital in Odisha.

- The construction of the hospital has started we are seeking funds to continue with the construction. The project is worth INR 14.5 crore.

- Business has 4 partners with one having the majority of the stake.

- The business has an ongoing secured loan which is being paid off.

- The loan is solely required to be used as a bank guarantee and that is why the valuation is so low.

Products & Services Overview

Construction and maintenance of buildings like hospital, school etc.

Assets Overview

Office, machinery, tools and tackles, store yard.

Facilities Overview

Own office with 3 floors, approx. build-up area 1,500 sq. ft.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Founder, Mumbai, Financial Consultant connected with the Business
Earlier than 15 days
Founder, Mumbai, Financial Consultant connected with the Business
Earlier than 15 days
Founder, Mumbai, Financial Consultant connected with the Business

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