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Agricultural Machinery Company Seeking Loan in Bhopal, India

We manufacture agricultural equipment like tractors, harvesters, etc. Seeking loan to grow into a profitable business.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Agricultural Machinery
Locations  Bhopal
Local Time 12:07 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 2.4 million for 15.0% annual interest, 5 years (Native Currency: INR 200,000,000)
Reason: New project.
Collateral Available: USD 1.2 million
Interested to connect with advisors
Documents
Business Overview

- We have all test certificates done from the government.

- For the tractor, we are CMVR approved. For the power tiller and reaper, we are BIS approved.

- A sister company in the same field was awarded the 4th highest power tiller manufacturer in the country.

- This is a new project of the promoter who has another concern in the same industry which has done revenue of about Rs. 50 cr.

- Construction of land is in process. Will be completed by May 2016.

- Looking for a loan from Madhya Pradesh or Kolkata only.

Products & Services Overview

Tractors, power tillers, reaper, rice transplanter, power weeder, brush cutter, seed drill, zero till seed drill, rotavator, raised bed planter, multi crop planter, happy seeder, direct rice seeder.

Facilities Overview

20 acres in bhopal, 1 acre in faridabad and 1 acre in west bengal.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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