Electric Equipment Wholesale Business Seeking Loan in Chennai, India
Chennai-based solar fan and inverter distributor and seller with over 100+ clients.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 70 - 80 thousand |
| Run Rate Sales | USD 134 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Electric Equipment Wholesale + 1 more |
| Locations | Chennai |
| Local Time | 6:49 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Seeking Loan
USD
112 thousand
for
10.0%
annual interest,
3
years
(Native Currency: INR 10,000,000)
Reason: We need funds to buy more Inventory items and expansion of the network.
Collateral Available: USD 28 thousand
Includes physical assets worth
USD
16.7 thousand
Interested to connect with advisors
Documents
GST Certificate
(95.7 KB)
Business Overview
- The company is a wholesale distributor of online UPS, tubular batteries, and many more.
- We have served more than 100+ customers since inception.
- Currently, we only deal with products of 4 brands.
- Our average sales capacity is INR 20 lakhs per month.
- We have an inventory of 30,000 units worth INR 70 lakhs.
- Our provisions go to the public authority, corporate and OEM suppliers. Our sales have increased this year with the expansion of trading with African nations, and Pan India activity.
- We have served more than 100+ customers since inception.
- Currently, we only deal with products of 4 brands.
- Our average sales capacity is INR 20 lakhs per month.
- We have an inventory of 30,000 units worth INR 70 lakhs.
- Our provisions go to the public authority, corporate and OEM suppliers. Our sales have increased this year with the expansion of trading with African nations, and Pan India activity.
Products & Services Overview
We are C&F cum super distributor for-JP Minda batteries automotive batteries/tubular batteries/lithium batteries, 70 years old company, & also a manufacturer of solar digital UPS with built-in lithium batteries/battery less solar inverter/UPS.
Assets Overview
Inventory, batteries, solar panels, office furniture, and fixtures.
Facilities Overview
We have a store with an area of 1,000 square feet with a monthly rental of INR 20,000 per month.
Capitalization Overview
- The business is funded through personal funds.- Debts/loans of around INR 25 lakhs for the supplier.
- At present only one owner.
Recent Activity
-
Earlier than 15 daysPartner, Chennai, Accounting Firm connected with the Business
-
Earlier than 15 daysDirector, Wires Manufacturers, Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysBusiness Head, Ecofy (Accretive Cleantech Finance Private Limited), Mumbai, Financial Institution connected with the Business
Tags:
Electric Equipment Wholesale Business Seeking Loan in Chennai, India
·Lend to Electric Equipment Wholesale Business in Chennai, India
·Electric Equipment Wholesale Business Seeking Loan in Madras
·Consumer Electronics Business Seeking Loan in Chennai, India
·Household Goods Business Seeking Loan in Chennai, India
·Lend to Electric Equipment Wholesale Business in Madras
·Lend to Consumer Electronics Business in Chennai, India
·Consumer Electronics Business Seeking Loan in Madras
·Electric Equipment Wholesale Business Seeking Loan
·Lend to Household Goods Business in Chennai, India
·Household Goods Business Seeking Loan in Madras
·Lend to Consumer Electronics Business in Madras
·Lend to Electric Equipment Wholesale Business
·Consumer Electronics Business Seeking Loan
·Lend to Household Goods Business in Madras
·Household Goods Business Seeking Loan
·Lend to Consumer Electronics Business
·Lend to Household Goods Business
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