Foundry Seeking Loan in Visakhapatnam, India
Company specializing in recycling blast furnace slag into usable products, with huge market potential.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 420 thousand |
| Run Rate Sales | USD 640 thousand |
| EBITDA Margin | 15 % |
| Industries | Foundries |
| Locations | Visakhapatnam |
| Local Time | 8:12 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
2.4 million
for
18.0%
annual interest,
3
years
(Native Currency: INR 200,000,000)
Reason: The owner is looking for a business loan to purchase new equipment and bf slag in huge quantities fr...
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Collateral Available: USD 6 million
Includes physical assets worth
USD
480 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
GST Certificate
(81.6 KB)
Business Overview
- Specializes in manufacturing granulated ground blast furnace slag (GGBS), catering to a substantial market demand within the cement industry in India and abroad.
- Procures slag from a neighbouring steel manufacturing facility.
- Processes approximately 10,000 tons of raw material, yielding around 6,000 tons of high-quality GGBS.
- The business operates with a contract workforce based on the projects.
- Converts slag into versatile products suitable for road construction and other building applications.
- Customizes the refinement process to align with specific requirements of client projects.
- Maintains two active contracts that have significantly contributed to revenue growth.
- Holds a valid Goods and Services Tax (GST) certification.
- Has established a strong client base in Bangladesh, Dubai, and Nepal, with a focus on export markets.
- Procures slag from a neighbouring steel manufacturing facility.
- Processes approximately 10,000 tons of raw material, yielding around 6,000 tons of high-quality GGBS.
- The business operates with a contract workforce based on the projects.
- Converts slag into versatile products suitable for road construction and other building applications.
- Customizes the refinement process to align with specific requirements of client projects.
- Maintains two active contracts that have significantly contributed to revenue growth.
- Holds a valid Goods and Services Tax (GST) certification.
- Has established a strong client base in Bangladesh, Dubai, and Nepal, with a focus on export markets.
Products & Services Overview
The business deals in manufacturing and processing iron scrap, BF slag, aggregate, quartz, aluminium and copper scrap. iron ore fines, manganese ore.
Assets Overview
The physical assets owned by the business are:- Processing machinery worth INR 1.5 crore.
- 1,000 square yard land worth INR 2.5 crore.
Facilities Overview
The factory is set up on 1,000 square yards of self owned land in Visakhapatnam.
Capitalization Overview
The business currently has a single owner and is fully self-financed.The Business is debt-free.
Recent Activity
-
4 days, 21 hours agoBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysPrincipal, Financial Services, Panama City, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Ahmedabad, Merchant Bank connected with the Business
Tags:
Metal Foundry Seeking Loan in Visakhapatnam, India
·Iron Foundry Seeking Loan in Visakhapatnam, India
·Steel Mill Seeking Loan in Visakhapatnam, India
·Lend to Metal Foundry in Visakhapatnam, India
·Foundry Seeking Loan in Visakhapatnam, India
·Lend to Iron Foundry in Visakhapatnam, India
·Lend to Steel Mill in Visakhapatnam, India
·Lend to Foundry in Visakhapatnam, India
·Metal Foundry Seeking Loan in Vizag
·Iron Foundry Seeking Loan in Vizag
·Steel Mill Seeking Loan in Vizag
·Lend to Metal Foundry in Vizag
·Foundry Seeking Loan in Vizag
·Lend to Iron Foundry in Vizag
·Lend to Steel Mill in Vizag
·Metal Foundry Seeking Loan
·Iron Foundry Seeking Loan
·Lend to Foundry in Vizag
·Steel Mill Seeking Loan
·Lend to Metal Foundry
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