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Electrical Services Business Seeking Loan in Kochi, India

Electrical contracting company working on Government department projects across Kerala seeks funds for ongoing projects.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 8 thousand
Run Rate Sales USD 22 thousand
EBITDA Margin 15 %
Industries Electric Construction + 1 more
Locations  Kochi + 1 more
Local Time 1:35 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 60 thousand for 10.0% annual interest, 5 years (Native Currency: INR 5,000,000)
Reason: - Require cashflow for completing the projects as the govt takes substantial time to pay for the pro... View More
Collateral Available: USD 0
Includes physical assets worth USD 6 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview

- Electrical contracting business based in Kochi that started operations in 2020 with another office in Thiruvananthapuram.

- We undertake electrical works of private, government, and public sector clients pan Kerala.

- Have completed 2 electrical projects so far.

- Average duration of the project is 3-4 months.

- Currently, working on 7 projects at the moment.

- We have contract licenses for both electrical and civil work across Kerala.

- We primarily work on govt projects followed by private works.

- Can give work order document from the govt as collateral for the loan.

Products & Services Overview

- Turnkey commercial and industrial electrification projects.

- Item/percentage rate commercial and industrial electrification projects.

- Installation of electrical jobs and small civil jobs.

Assets Overview

Assets include various tools, equipment, machinery that are used for the projects.

Facilities Overview

Since it is a new firm, we work from a co-working space in Kochi. We also have a residential office in Thiruvananthapuram. As per our business plan, we will have our independent office by mid next year.

Capitalization Overview
Not Disclosed
Recent Activity
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Newly Established Electrical Business Seeking Loan in Kochi, India

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Lend to Newly Established Electrical Services Business in Cochin

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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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