Electrical Component Business Seeking Loan in Ghaziabad, India
Manufacturer of electrical MS boxes and fan boxes producing 250 units daily is seeking a loan.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 5.8 thousand |
| Run Rate Sales | USD 21 thousand |
| EBITDA Margin | 20 % |
| Industries | Electrical Component |
| Locations | Ghaziabad |
| Local Time | 10:05 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
17.5 thousand
for
18.0%
annual interest,
5
years
(Native Currency: INR 1,500,000)
Reason: We require an investment primarily for working capital. We also want to expand our capacity so that ...
View More
Collateral Available: USD 4.1 thousand
Includes physical assets worth
USD
4.1 thousand
Interested to connect with advisors
Documents
GST Certificate
(20.9 KB)
Business Overview
- Manufacturer of electrical MS box and fan box.
- Have a daily production capacity of 200 - 300 units.
- We have 2 distributors for our products. The markup on our products are approximately 22% - 25%.
- Our products are generic and are not sold through a proprietary brand.
- We source our products from 1 - 2 suppliers.
- The business experienced high growth recently since they identified a new distributor.
- The promoter has taken on a personal loan for the business. They will reveal the details of the loan to the investor directly.
- The major machinery involved in the transaction are 3 power press, 1 spot welding machine, 1 electric welding machine, 2 hand press machines and 2 cutters.
- Business has 2 workers who are responsible for the manufacturing and 1 employee who is responsible for maintaining the accounts.
- Promoter is willing to provide the machinery and the internal furnishing of the production unit as a collateral. Besides that, the owner is willing to pay a higher interest rate on the loan since the collateral value is significantly lower than the loan amount requested. Additionally, the business is open for investments in exchange of a partial stake sale.
- Have a daily production capacity of 200 - 300 units.
- We have 2 distributors for our products. The markup on our products are approximately 22% - 25%.
- Our products are generic and are not sold through a proprietary brand.
- We source our products from 1 - 2 suppliers.
- The business experienced high growth recently since they identified a new distributor.
- The promoter has taken on a personal loan for the business. They will reveal the details of the loan to the investor directly.
- The major machinery involved in the transaction are 3 power press, 1 spot welding machine, 1 electric welding machine, 2 hand press machines and 2 cutters.
- Business has 2 workers who are responsible for the manufacturing and 1 employee who is responsible for maintaining the accounts.
- Promoter is willing to provide the machinery and the internal furnishing of the production unit as a collateral. Besides that, the owner is willing to pay a higher interest rate on the loan since the collateral value is significantly lower than the loan amount requested. Additionally, the business is open for investments in exchange of a partial stake sale.
Products & Services Overview
Manufacturer of electrical MS box and fan box.
Facilities Overview
Renting a production unit with an area of 500 square feet Paying a monthly rent of INR 5,000. The business has not paid any deposit and the duration of the rental agreement is 11 months subject to renewal.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysAdditional General Manager, Aerospace And Defence, Greater Noida, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Software Solution, Noida, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCredit Executive, Trinidhi Finance Private Limited, New Delhi, Financial Institution connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
