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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
Overall Rating
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
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.
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
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This transaction has concluded. View similar business opportunities on SMERGERS
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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