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Engineering, Procurement & Construction Company Seeking Loan in Jalgaon, India

Highway and bridge construction company in Maharashtra searching for lenders to complete ongoing projects.
This transaction has concluded.

Established 10-20 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 2 - 3 million
Run Rate Sales USD 2.77 million
EBITDA Margin 20 %
Industries Engineering, Procurement & Construction
Locations  Jalgaon
Local Time 10:07 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.15 million for 10.0% annual interest, 7 years (Native Currency: INR 100,000,000)
Reason: We recently bagged big orders, funds will be utilized to run the projects and expand the portfolio.
Collateral Available: USD 1.15 million
Includes physical assets worth USD 1.15 million
Documents
Business Overview
- We are involved in civil contracting and undertake large scale highway and bridge construction projects.
- Our business was previously into real estate development, but we have stopped that vertical and only focusing on civil construction projects currently.
- Have already completed 10 projects and are currently working on 6 projects with a total contract value amounting to Rs 500 crore.
- Out of the 6 projects 3 are joint ventures and 3 are standalone projects.
- 2 of the projects are 50% completed, while work is yet to start on the remaining 4 projects.
- Expect to complete all projects within a year.
- We are expanding our client and partnership network multi-folds along with our orders.
- The promoters have experience of 35 plus years and also have qualifications in legal, engineering and management background.
Products & Services Overview
Construction of highways, bridges, buildings, water supply construction, railways, industrial construction.
Assets Overview
3 concrete batching plants, 15 tippers, 20 construction machinery and equipment, 1 stone crusher.
Facilities Overview
Total office area is 6,000 Sq. Ft. located in Jalgaon, and site offices separate for each projects measuring around 2,000 Sq. Ft. each.
Head office is owned by the director.
Capitalization Overview
Not Disclosed
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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