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Trucking Business Seeking Loan in Raigarh, India

Business providing transportation services for coal from mining site to factories based in Raigarh.

Established 30-40 year(s)
Employees 50 - 100
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1.4 million
Run Rate Sales USD 1.4 million
EBITDA Margin 6 %
Industries Trucking
Locations  Raigarh
Local Time 2:22 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 700 thousand for 12.0% annual interest, 5 years (Native Currency: INR 60,000,000)
Reason: For working capital required to fulfill current operations and to start work with a new client.
Collateral Available: USD 0
Includes physical assets worth USD 600 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
Business Overview

- A ground transportation business based in Raigarh, Chhattisgarh.

- We provide transportation services to mining companies for coal and iron ore.

- We transport coal and iron ore from the mining sites to the various plants. We provide our services only within Raigarh (100 KM radius)

- Have a fleet of 25 trailers, 30 buses and 5 furnace tankers that are all company owned.

- Working with 4 large clients in Raigarh and have 1 more large client in the pipeline.

- Have worked with - Jindal Group, Db power, Monnet Ispat, Sks Ispat among other in the past.

- Physical assets include vehicles and office interior setup.

Products & Services Overview

Transportation of coal and iron ore from mining sites to the various plants.

Facilities Overview

Office is rented and has an area of 1,200 Sq. Ft.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    MD, Investment Firm, Faridabad, Corporate Investor / Buyer connected with the Business
  • Earlier than 15 days
    Independent Advisor, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Managing Director, Mumbai, Financial Consultant connected with the Business
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2 Investors viewed this Business this month.
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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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