Foundry Seeking Loan in Pimpri-Chinchwad, India
Manufacturer and trader of angles, pipes, chemical tanks with more than 150 clients.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1 - 2 million |
| Run Rate Sales | USD 910 thousand |
| EBITDA Margin | 15 % |
| Industries | Foundries + 1 more |
| Locations | Pimpri-Chinchwad |
| Local Time | 10:15 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
234 thousand
for
15.0%
annual interest,
5
years
(Native Currency: INR 20,000,000)
Reason: Need working capital to boost the business.
Collateral Available: USD 0
Includes physical assets worth
USD
580 thousand
Documents
GST Certificate
(78.3 KB)
Business Overview
- Maharashtra based firm engaged in the manufacturing of MS angels, channels, plate, pipes, and also trading of other raw materials required by the companies.
- Also, provide services for different job works like construction of conveyer belts, chemical tanks, and fabrication works.
- Manufacturing depends on the orders received and the requirements. On average we manufacture about 150 tonnes/month.
- Procure raw materials from 5 vendors located in India.
- Cater to sugar factories, autoline works, steel companies, and other chemical companies.
- Clients are acquired through references, strong networks, and recommendations.
- We are working for about 180 clients currently and do not have any contracts with clients.
- We deliver products and services as per the client's order and requirement.
- Sales have dropped due to the pandemic.
- Promoter has 20+ years of experience working with the steel industry.
- Also, provide services for different job works like construction of conveyer belts, chemical tanks, and fabrication works.
- Manufacturing depends on the orders received and the requirements. On average we manufacture about 150 tonnes/month.
- Procure raw materials from 5 vendors located in India.
- Cater to sugar factories, autoline works, steel companies, and other chemical companies.
- Clients are acquired through references, strong networks, and recommendations.
- We are working for about 180 clients currently and do not have any contracts with clients.
- We deliver products and services as per the client's order and requirement.
- Sales have dropped due to the pandemic.
- Promoter has 20+ years of experience working with the steel industry.
Products & Services Overview
Manufacture MS channel, MS angle, MS plate, pipe, copper, and also provide job work services to other companies.
Assets Overview
Assets include machinery like laser machines, cutting machines, bending machines, and other electrical equipment. Also includes stock of about INR 3 crore.
Facilities Overview
Rented shed, and unit with a space of 10,000 square feet with a monthly rent of INR 45,000.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Pune, M&A Advisor connected with the Business
-
Earlier than 15 daysPartner, Investment, Mumbai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Mumbai, Financial Consultant connected with the Business
Tags:
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·Lend to CNC Machine Shop in Pimpri-Chinchwad, India
·Steel Mill Seeking Loan in Pimpri-Chinchwad, India
·Lend to Metal Foundry in Pimpri-Chinchwad, India
·Foundry Seeking Loan in Pimpri-Chinchwad, India
·Lend to Iron Foundry in Pimpri-Chinchwad, India
·Lend to Machine Shop in Pimpri-Chinchwad, India
·Lend to Steel Mill in Pimpri-Chinchwad, India
·Lend to Foundry in Pimpri-Chinchwad, India
·CNC Machine Shop Seeking Loan
·Metal Foundry Seeking Loan
·Iron Foundry Seeking Loan
·Machine Shop Seeking Loan
·Lend to CNC Machine Shop
·Steel Mill Seeking Loan
·Lend to Metal Foundry
·Foundry Seeking Loan
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