↩ Go Back
Need help?

Electrical Vehicles Company Seeking Loan in Howrah, India

E-rickshaw manufacturer and suppliers having more than 100 dealers seeking funds to increase the production.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 3.6 million
Run Rate Sales USD 4.3 million
EBITDA Margin 10 %
Industries Electrical Vehicles
Locations  Howrah
Local Time 7:59 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2.4 million for 15.0% annual interest, 10 years (Native Currency: INR 200,000,000)
Reason: To increase the production as we have a lot of demand.
Collateral Available: USD 1.8 million
Includes physical assets worth USD 600 thousand
Interested to connect with advisors
Documents
Business Overview

- Manufacturer and supplier of E-rickshaw that has been operating since 2013.

- Have around 10 vendors from whom we procure raw materials.

- We manufacture 350 rickshaws per month.

- Have more than 100 dealers all over India.

- Our assets include website, machinery, raw materials, dealers list, office equipment and stock.

- Promoter has more than 6 years of experience in this business.

Products & Services Overview

E-rickshaw, E-rickshaw related all types of parts, Lead acid battery, Electric vehicle charger.

Facilities Overview

Leased 25,000 sq ft covered factory area and rented 3 floor office building.

Capitalization Overview
Not Disclosed
Recent Activity
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.
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.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more