Electric Construction Business Seeking Loan in Haldwani, India
Business specializes in underground cable installation, with strong government contracts and growth potential, seeking funding.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 710 thousand |
| Run Rate Sales | USD 710 thousand |
| EBITDA Margin | 25 % |
| Industries | Electric Construction |
| Locations | Haldwani |
| Local Time | 8:23 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
236 thousand
for
10.0%
annual interest,
1
year
(Native Currency: INR 20,000,000)
Reason: Seeking funding for procurement of more material to be able to take up more high-value projects.
Collateral Available: USD 0
Includes physical assets worth
USD
77 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Udyam Registration
(315.0 KB)
Business Overview
- Business specializing in electrification and underground roads electric cable installation.
- The business primarily serves state government projects.
- On average, the company undertakes 1-2 major projects per year.
- Business is compliant with GST regulations and is registered as an MSME.
- The company employs 7 permanent staff members, supplemented by additional contract employees hired on a project basis.
- With ongoing investments in infrastructure and electrification by the state government, there is a substantial growth opportunity for the business in future projects.
- Engaging in contracts with PWD (Public Works Department) underscores the business's credibility and expertise in handling governmental projects.
- The business primarily serves state government projects.
- On average, the company undertakes 1-2 major projects per year.
- Business is compliant with GST regulations and is registered as an MSME.
- The company employs 7 permanent staff members, supplemented by additional contract employees hired on a project basis.
- With ongoing investments in infrastructure and electrification by the state government, there is a substantial growth opportunity for the business in future projects.
- Engaging in contracts with PWD (Public Works Department) underscores the business's credibility and expertise in handling governmental projects.
Products & Services Overview
The business offers electrification services. A key service provided is the installation of underground electric cables.Involves laying cables beneath the ground to ensure a secure and efficient power supply, required for urban planning, road construction, and other infrastructure projects.
The primary clients are state government agencies, including the Public Works Department (PWD) and other governmental bodies.
Assets Overview
Physical assets include machinery, tools and equipment which is 80% and the rest is computers and furniture.
Facilities Overview
Rented office facilities of 1,500 sq ft located in central Haldwani and Saharanpur.
Capitalization Overview
Self-funded.No loans or external funding has been obtained.
There is 1 shareholder in the business.
Recent Activity
-
Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
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