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Electric Construction Business Seeking Loan in Mumbai, India

Electrical installation company with a capacity to install up to 400 KV voltage class substations.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 90 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin 7 %
Industries Electric Construction
Locations  Mumbai
Local Time 10:18 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 12 thousand for 10.0% annual interest, 3 years (Native Currency: INR 1,000,000)
Reason: Looking to invest in office infrastructure and to get approved by state regulatory boards.
Collateral Available: USD 3.6 thousand
Includes physical assets worth USD 1.6 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
GST Certificate
Bank Statement
Trade License
GST Certificate
Business Overview

- Electric construction company proving substations of up to 400 KV, transmission lines and electric utilities installations.

- Currently we work for Larsen and Toubro who contract their projects to us.

- The projects are part of Saubhagya scheme of the government and we have completed 3 projects in the last 2 and a half years.

- One of the projects we completed was for an underground cable line with 11 KV ring circuit and 33 KV transmitting circuit.

- Currently we are working on two projects in Bankura and Allahabad for retrofitting of electrical lines in rural areas.

- This year, new projects have not been assigned due to local government issues however, we expect this to smooth out over the coming years leading to revenue increase for the company.

- Promoter has over 15 years of experience in the field of EPC.

- Company's physical assets include laptop and furniture.

Products & Services Overview

Substation, Transmission lines, Underground Cabling, End to End Substation Solutions, EPC Contracting.

Facilities Overview

Currently operating out of promoter's residence.

Capitalization Overview
Not Disclosed
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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