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Fabricated Metal Products Company Seeking Loan in Varanasi, India

Manufacturer of replacement spares for industrial machinery seeking debt capital to set up a stainless steel tube mill.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 160 thousand
Run Rate Sales USD 150 thousand
EBITDA Margin 8 %
Industries Fabricated Metal Products
Locations  Varanasi
Local Time 9:40 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 130 thousand for 10.0% annual interest, 10 years (Native Currency: INR 10,000,000)
Reason: To setup the manufacturing plant for production of copper tube and copper mesh.
Collateral Available: USD 0
Includes physical assets worth USD 90 thousand
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Business Overview

- Our company currently fabricates replacement parts for industrial machinery.

- We also provide maintenance service for wear & tear of industrial machinery and large manufacturing plants.

- We provide these services to JP Cement, Hindalco. Indian Railways and other local companies.

- We are seeking funds to start a manufacturing plant for producing stainless steel tubes.

- Post funding, we would take 10 to 12 months to start generating revenue. In the meantime, the stages would include layout design, procurement of machinery, factory setup, production and sale of final products.

-- Director of the company has been in this industry since the last 10 years.

Products & Services Overview

Manufacture replacement metal spares for industrial machinery and provide maintenance services for industrial machinery. We intend to start manufacturing stainless steel tubes for the construction and infrastructure industry.

Assets Overview

Plant and machinery worth INR 35 lakhs, inventory worth INR 30 lakhs, receivables from large companies in heavy industries worth INR 30 lakhs.

Facilities Overview

Director of the company has 1 acre of land which will be registered in the company name to start the factory.

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