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Electric Construction Business Seeking Loan in Hyderabad, India

Established and licensed government electrical contractor aiming for bigger projects seek an investment.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 29 thousand
Run Rate Sales USD 35 thousand
EBITDA Margin 22 %
Industries Electric Construction
Locations  Hyderabad
Local Time 12:52 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 17.6 thousand for 15.0% annual interest, 1 year (Native Currency: INR 1,500,000)
Reason: We need funds to bag bigger projects. We do not have enough funds to fulfill the EMD requirements of... View More
Collateral Available: USD 0
Includes physical assets worth USD 3.5 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Certified Grade A Government electrical contractor.
- Successfully completed 7 projects in Telangana state.
- The biggest project was for INR 6 lakh.
- We have a total of 8 employees that can deliver all the projects with no external labour.
- We get projects by applying for tenders and paying the 2% EMD amount.
- We have a Grade A license now and this makes us eligible to bag big projects.
- With this investment, we can bag bigger projects.
Products & Services Overview
We do end-to-end installation of electricity transmission infrastructure. We are also capable of doing projects exclusively for wiring or erecting electric poles.
Assets Overview
Tangible assets include working tools and equipment worth INR 3 lakh. The ladder crane that we use is owned by a sister concern and not this business.
Facilities Overview
We operate from a rented office located in Central Hyderabad.
Capitalization Overview
This is a debt-free sole proprietorship with no bank loans.
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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