Electric Construction Company Seeking Loan in Jalandhar, India
Private limited electric construction company with a high revenue growth rate seeks a business loan.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 300 - 400 thousand |
| Run Rate Sales | USD 550 thousand |
| EBITDA Margin | 14 % |
| Industries | Electric Construction |
| Locations | Jalandhar |
| Local Time | 1:11 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
115 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 10,000,000)
Reason: For expansion and to take on projects by adding workforce.
Collateral Available: USD 0
Includes physical assets worth
USD
115 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
(251.1 KB)
ROC-Verification.pdf
(66.2 KB)
Business Overview
- Company involved in the construction of electrical infrastructure for colonies and highways.
- Work in hand with a tentative value of INR 23 crore in PUDA-approved colonies and NHAI projects.
- We take payment in parts, this covers the cost while the project is ongoing.
- Capable workforce that enables us to take on multiple projects at once.
- High growth as we started only a year ago, hired more people and got more projects.
- Private limited company that has GST registration.
- It has a growth rate of 50%+ and the company has a great scope in the future.
- Work in hand with a tentative value of INR 23 crore in PUDA-approved colonies and NHAI projects.
- We take payment in parts, this covers the cost while the project is ongoing.
- Capable workforce that enables us to take on multiple projects at once.
- High growth as we started only a year ago, hired more people and got more projects.
- Private limited company that has GST registration.
- It has a growth rate of 50%+ and the company has a great scope in the future.
Products & Services Overview
We work as subcontractors for NHAI and government-approved developers (PUDA) and undertake electrical turnkey work for PUDA-approved colonies, and NHAI.In the colonies, we do everything from wiring layout to installation of transformer, and erecting and connecting the street lights.
For NHAI we do all the work related to electric utilities in the road construction process, this can include digging up and relocating wiring or installing new lights. Our major revenue comes from NHAI work.
Assets Overview
The total physical assets worth INR 1.25 crore consist of:- 1 truck and 1 modified tractor with hydraulics and a digger worth INR 50 lakh.
- 1 crane worth INR 30 lakh.
- 1 car and 1 jeep worth INR 20 lakh.
Facilities Overview
One owned and another rental office with owned equipment. Both the offices are located in and close to central part of Jalandhar.
Capitalization Overview
- The company has two founder directors and presently company has a bank CC Limit with HDFC Bank Jalandhar of 1.25 crore.- The shareholding split of the directors is 51:49.
Recent Activity
-
Earlier than 15 daysManaging Director, Food Processing, Kapurthala, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysProprietor, Electrical, Hyderabad, Individual Investor / Buyer connected with the Business
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