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Electric Construction Company Seeking Loan in Pune, India

Solar EPC company seeks working capital funding of INR 10 crore for upcoming solar projects.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 700 thousand
EBITDA Margin Nil
Industries Electric Construction
Locations  Pune
Local Time 5:16 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 1.2 million for 8.0% annual interest, 5 years (Native Currency: INR 100,000,000)
Reason: The repayment terms can be negotiated with the investor. In addition to amount repayment, the invest... View More
Collateral Available: USD 0
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Business Overview

- EPC business with a focus on solar EPC.

- We are a fast-growing company with an estimated turnover of 200 crores this year (subject to completion of two projects).

- We have two upcoming projects for which we have already received the work orders.

A. Project 1 is an 18 MW solar rooftop project with a total outlay of INR 110 crore. Slated to be completed in the next 6 months.

B. Project 2 is a 10 MW solar project with an outlay of INR 50 crore.

- The funds will be used for both projects.

- We have a 10-year O&M (operations and maintenance) contract for project 1.

- Last year's sales are zero as we did not undertake any project through this company.

- The company has 10 shareholders, and the shareholding pattern is as follows - 40%, 25%, 10%, and the remaining 25% is split among 7 shareholders.

- All the shareholders are engineers and have decades of EPC experience.

- We are engineers with a focus on innovation.

- No pending loans in the name of this company.

Products & Services Overview

EPC (Engineering, Procurement & Construction) company with a special focus on solar EPC.

Assets Overview

We are an R&D-oriented company, so no physical assets are owned by us.

Facilities Overview

2,000 sq feet of office space in Pune, Maharashtra, India. The office is rented but it is owned by the 25% shareholder of the company.

Our company is registered in Karad, Maharashtra, India but the headquarters are in Pune.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Independent Advisor, Chennai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, Mumbai, Financial Consultant connected with the Business
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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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