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Fabricator Seeking Loan in Bilaspur, India

Seeks Loan: Iron-charpai manufacturer in Bilaspur, Uttar Pradesh, with potential to scale-production to 400 units/day.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 71 thousand
Run Rate Sales USD 143 thousand
EBITDA Margin 10 %
Industries Furniture + 1 more
Locations  Bilaspur
Local Time 9:21 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 30 thousand for 8.0% annual interest, 8 years (Native Currency: INR 2,500,000)
Reason: We need this funding to scale up our business by producing more units and selling to more clients. ... View More
Collateral Available: USD 0
Includes physical assets worth USD 19.6 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Business is a manufacturer of iron charpai (traditional beds) located in Bilaspur, Uttar Pradesh, operating for over 2 years.
- Company sells its products to wholesalers and has a current manufacturing capacity of 50 units per day, with the potential to scale up to 400 units per day.
- The iron charpai manufactured by the business are in high demand due to their long-lasting quality and traditional appeal, catering to households and businesses.
- The business operates in a small town and has secured 5 regular clients, indicating a steady customer base.
- Despite the existing demand, the company cannot meet it due to financial constraints, presenting an opportunity for potential investors.
- The business generates a daily revenue up to INR 50,000, showcasing its ability to generate consistent income within its current capacity.
- The company is registered with a GST certificate, indicating compliance with tax regulations and formal business operations.
Products & Services Overview
Top-selling product:
- Iron charpai: used by households and businesses for traditional and durable bedding solutions. Popular in both urban and rural areas for their long-lasting quality.
- We sell the products to wholesalers.
Assets Overview
Tangible assets: stock, and owned warehouse.
Facilities Overview
We have a small warehouse that is 22 feet wide and 42 feet long, where manufacturing takes place. We own this warehouse which is located in Bilaspur, UP.
Capitalization Overview
Our business has no partners and is a sole proprietorship. We have a bank loan of INR 5 lakh, which was taken recently.
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1 Investor viewed this Business this week. Register below to connect now!
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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