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Fabricated Metal Products Business Seeking Loan in Dambadeniya, Sri Lanka

Manufacturing steel tanks and processing vehicles with a capacity of LKR 350 million/annum seeks loan.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales INR 34 lakh
Run Rate Sales INR 1.7 crore
EBITDA Margin 20 %
Industries Fabricated Metal Products
Locations  Dambadeniya
Local Time 11:18 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
INR 10 crore for 13.5% annual interest, 7 years (Native Currency: LKR 350,000,000)
Reason: Require funds for factory expansion and purchasing machinery.
Collateral Available: INR 1.43 crore
Includes physical assets worth INR 2.86 crore
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Business Name
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Business Overview
- Core business: Manufacturing steel tanks, processing vessels, fuel tanks for petroleum stations, maintenance, and supplying/installing food processing machines.
- Client base: Servicing approximately 150 clients.
- Manufacturing capacity: Capable of producing up to 350 million units annually.
- Revenue growth: Achieved significant revenue growth this year, primarily attributed to securing new contracts with clients from diverse industries including food processing, clothing factories, and petroleum companies.
- Promoter experience: Promoters bring 13 years of experience in the industry, ensuring robust operations and strategic decision-making.
- Regulatory compliance: Holds licenses and registrations from local authorities, including EM2 and C4 grade certifications.
- Geographic reach: Serving clients in Sri Lanka and India, indicating a regional presence and market penetration.
Products & Services Overview
Manufacturing steel tanks, processing vessels, fuel tanks for petroleum stations,
Conveyor systems, food processing machines for factories.
B2B operations.
Assets Overview
Assets include:
Machinery, furniture, fixtures, stock, equipment, land of 1 acre.
Facilities Overview
The property consists of a one-acre land and factory (belongs to the company) located in Dambadeniya, along with a 15-perch showroom situated on Colombo Kurunegala Road. The monthly rent for this facility amounts to LKR 15,000, paid over a period of five years.
Capitalization Overview
Sole owner.
Self funded operations.
No loans or debts.
Recent Activity
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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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