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Electric Equipment Wholesale Business Seeking Loan in Srinagar, India

Wholesale electric supplier for defense sector seeks funds to fulfill large orders and operational growth.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 108 thousand
Run Rate Sales USD 156 thousand
EBITDA Margin 10 %
Industries Electric Equipment Wholesale
Locations  Srinagar
Local Time 6:09 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 54 thousand for 9.0% annual interest, 5 years (Native Currency: INR 5,000,000)
Reason: We've secured a contract as a GeM portal reseller. We need funds to fulfill the order.
Collateral Available: USD 0
Includes physical assets worth USD 43 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- We’re a wholesale electric equipment business based in Srinagar.
- We specialize in selling SMF VRLA batteries and telecom equipment.
- We've secured a contract as a GeM portal reseller, opening up new opportunities.
- Our main clients are B2B customers, including the Indian Army and Indian Air Force.
- We currently serve around 20-25 clients, ensuring steady demand for our products.
- We're seeking investment to expand our operations and maximize our contract potential.
- We operate with a valid GST certificate.
Products & Services Overview
We specialize in selling SMF VRLA batteries and telecom equipment.
Assets Overview
Tangible assets:
- Stock worth INR 40 lakh.
Facilities Overview
The business operates from a rented facility of approximately 1,000 sq ft in Srinagar.
Capitalization Overview
- 2 partners.
- No outstanding loans.
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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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