Foundry Seeking Loan in Coimbatore, India

Firm manufacturing brake blocks and spare parts for Indian Railways and power plants.

Established	10-20 year(s)
Employees	5 - 10
Legal Entity	Sole Proprietorship/Sole Trader
Reported Sales	USD 50 - 60 thousand
Run Rate Sales	USD 70 thousand
EBITDA Margin	10 - 20 %
Industries	Foundries + 1 more
Locations	Coimbatore
Local Time	10:49 AM Asia / Kolkata
Listed By	Business Owner / Director
Status	Active

7.8 / 10

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Seeking Loan

USD 30 thousand for 10.0% annual interest, 3 years (Native Currency: INR 2,500,000)

Reason: For working capitals.

Collateral Available: USD 18 thousand

Includes physical assets worth USD 30 thousand

Interested to connect with advisors

Name, Phone, Email

Available after connect

Business Name

Available after connect

User Verification

Documents

Government Purchase Enlistment Certificate (683.8 KB)

GST Certificate (85.9 KB)

Udyog Aadhaar (594.9 KB)

Business Overview

- Manufacturing of Indian Railways' brake blocks and other spare parts.

- Cater to power plants, sugar, and cement industries as well as Indian Railways.

- Tied up around 30 vendors from whom we purchase raw materials.

- The growth rate is very good compared to other players in the same industry.

- Currently working with 5 projects with Indian Railways.

- Intend to acquire more projects by filing tenders.

- Promoter has 10+ years of experience working with the business.

Products & Services Overview

Manufacturing of railway brake blocks and other auto components.

Assets Overview

Physical assets include land, machinery, tools, and other equipment, machinery includes molding machines, melting, machines, and foundries.

Facilities Overview

Rented shed with 100 KW induction furnace and shell moulding systems.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
DGM, Engineering, Coimbatore, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Associate Manager, Banking, Singapore, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Project Manager, Oil & Gas, Kuwait City, Individual Investor / Buyer connected with the Business

Foundry Seeking Loan in Coimbatore, India

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