Glass Business Seeking Loan in Chennai, India
Chennai-based glass fixing business serving automotive sector, seeks funding for in-house glass processing setup.
| Established | 30-40 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 48 thousand |
| Run Rate Sales | USD 54 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Glass + 1 more |
| Locations | Chennai |
| Local Time | 8:09 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
1.56 million
for
8.0%
annual interest,
10
years
(Native Currency: INR 145,000,000)
Reason: Seeking funding to establish an in-house glass processing plant. Open to equity-based investments as...
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Collateral Available: USD 0
Includes physical assets worth
USD
54 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Located in Chennai, our business specializes in the sale and installation of glass fixings.
- Has successfully served 75–80 clients to date, primarily in the automobile sector, with a focus on buses.
- The business offers customized solutions based on specific client requirements and order specifications.
- The majority of clients are based in Tamil Nadu, with additional orders received from Karnataka and Andhra Pradesh.
- Glass is procured directly from manufacturers, ensuring quality and cost efficiency.
- The business is now planning to establish its own glass processing plant for both automobiles and buildings, to enhance capabilities and improve margins.
- Registered under GST, ensuring regulatory compliance.
- With an established client base and growing regional presence, the business is well-positioned for further expansion.
- Has successfully served 75–80 clients to date, primarily in the automobile sector, with a focus on buses.
- The business offers customized solutions based on specific client requirements and order specifications.
- The majority of clients are based in Tamil Nadu, with additional orders received from Karnataka and Andhra Pradesh.
- Glass is procured directly from manufacturers, ensuring quality and cost efficiency.
- The business is now planning to establish its own glass processing plant for both automobiles and buildings, to enhance capabilities and improve margins.
- Registered under GST, ensuring regulatory compliance.
- With an established client base and growing regional presence, the business is well-positioned for further expansion.
Products & Services Overview
- The business provides customized glass fixings and installation services, such as windshield glass and side window glass, primarily for buses in the automobile sector.- Clients include vehicle manufacturers and related businesses across Tamil Nadu, Karnataka, and Andhra Pradesh, who require tailored glass solutions based on specific design and usage requirements.
Assets Overview
Physical assets include current inventory worth INR 50 lakh.
Facilities Overview
Operating from a rented facility in Tiruvallur area, Chennai.
Capitalization Overview
Self-funded.No outstanding loans or liabilities.
Sole proprietorship company.
Tags:
Automobile Parts Wholesale Business Seeking Loan in Chennai, India
·Lend to Automobile Parts Wholesale Business in Chennai, India
·Automobile Parts Wholesale Business Seeking Loan in Madras
·Glass Packaging Business Seeking Loan in Chennai, India
·Lend to Automobile Parts Wholesale Business in Madras
·Lend to Glass Packaging Business in Chennai, India
·Automobile Parts Wholesale Business Seeking Loan
·Glass Packaging Business Seeking Loan in Madras
·Mirror Business Seeking Loan in Chennai, India
·Glass Business Seeking Loan in Chennai, India
·Lend to Automobile Parts Wholesale Business
·Lend to Glass Packaging Business in Madras
·Lend to Mirror Business in Chennai, India
·Lend to Glass Business in Chennai, India
·Mirror Business Seeking Loan in Madras
·Glass Business Seeking Loan in Madras
·Glass Packaging Business Seeking Loan
·Lend to Mirror Business in Madras
·Lend to Glass Business in Madras
·Lend to Glass Packaging Business
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