Aerospace & Defense Company Seeking Loan in Chennai, India
Manufacturer of defense electro-mechanical assemblies requires funds for a development project for the Indian Army.
This transaction has concluded.
| Established | 30-40 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Public Limited Company |
| Reported Sales | INR 1 - 2 crore |
| Run Rate Sales | INR 1.4 crore |
| EBITDA Margin | 0 - 10 % |
| Industries | Aerospace & Defense + 1 more |
| Locations | Chennai |
| Local Time | 5:34 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
INR
1.2 crore
for
15.0%
annual interest,
3
years
(Native Currency: INR 12,500,000)
Reason: Funds are required for working capital for development projects worth INR 3 crore.
Collateral Available: INR 0
Includes physical assets worth
INR
30 lakh
Interested to connect with advisors
Documents
Certificate of Incorporation
(1.1 MB)
GST Registration
(291.7 KB)
MSME Registration
(368.3 KB)
ROC-Verification.pdf
(73.9 KB)
Business Overview
- Manufacturers of defense electro-mechanical assemblies. We are the only suppliers in India for more than 8 defense components. We supply the products to the Indian Army.
- Our product specialization is in electromagnets, electromechanical assemblies, relays, analog meters (including hermetically sealed meters), sensors, and indicators.
- The products manufactured are high-end and are produced as per the requirement of the project, varying in the range of 200 to 1,000 units per product per development project.
- The development project takes 8-14 months to be completed.
- We have a strong in-house multidisciplinary team of 30+ years along with a synergistic supplier ecosystem.
- Successfully developed more than 30 import substitution components for the Indian Defense.
- Currently, we are operating at loss as we do not have funds for the working capital to take up new projects, but as a development project is completed we generate profits.
- Our product specialization is in electromagnets, electromechanical assemblies, relays, analog meters (including hermetically sealed meters), sensors, and indicators.
- The products manufactured are high-end and are produced as per the requirement of the project, varying in the range of 200 to 1,000 units per product per development project.
- The development project takes 8-14 months to be completed.
- We have a strong in-house multidisciplinary team of 30+ years along with a synergistic supplier ecosystem.
- Successfully developed more than 30 import substitution components for the Indian Defense.
- Currently, we are operating at loss as we do not have funds for the working capital to take up new projects, but as a development project is completed we generate profits.
Products & Services Overview
Electromagnets, electromechanical assemblies, relays, analog meters (including hermetically sealed meters), sensors and indicators.
Assets Overview
Sheet metal machinery, inventory, test equipment and test jigs.
Facilities Overview
Rental factory's covered area is 8,000 sq. ft. , the rented production area is 3,000 sq. ft. , and office area is about 600 sq. ft.
Capitalization Overview
The company has 3 directors and currently, the funding has been done via unsecured loans through family & friends of the directors.
Recent Activity
-
Earlier than 15 daysManager, Digital Manufacturing Solutions, Mumbai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Food Products, Erode, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Engineering & Electrical Manufacturing, Mumbai, Corporate Investor / Buyer connected with the Business
Tags:
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·Aerospace & Defense Company Seeking Loan in Chennai, India
·Lend to Electrical Measuring Instruments Company in Madras
·Electrical Measuring Instruments Company Seeking Loan
·Lend to Aerospace & Defense Company in Chennai, India
·Aerospace & Defense Company Seeking Loan in Madras
·Aerospace Company Seeking Loan in Chennai, India
·Lend to Electrical Measuring Instruments Company
·Defense Company Seeking Loan in Chennai, India
·Lend to Aerospace & Defense Company in Madras
·Lend to Aerospace Company in Chennai, India
·Lend to Defense Company in Chennai, India
·Aerospace Company Seeking Loan in Madras
·Aerospace & Defense Company Seeking Loan
·Defense Company Seeking Loan in Madras
·Lend to Aerospace Company in Madras
·Lend to Aerospace & Defense Company
·Lend to Defense Company in Madras
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