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Glass Company Seeking Loan in Guwahati, India

Glass manufacturer with a monthly production capacity of 5,670 sq ft seeks a business loan.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 63 thousand
Run Rate Sales USD 63 thousand
EBITDA Margin 20 %
Industries Glass
Locations  Guwahati
Local Time 11:21 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 35 thousand for 10.65% annual interest, 5 years (Native Currency: INR 3,000,000)
Reason: Funds are required for the construction of shade on leased land.
Collateral Available: USD 1.17 thousand
Includes physical assets worth USD 150 thousand
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Business Name
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Documents
Business Overview
- We already have machinery worth about INR 1 crore and raw materials worth INR 45 lakh.
- On a monthly basis we can manufacture 5,670 sq ft.
- We were project partners & suppliers for Agartala Airport and the governor's bungalow in Assam.
- Our office is in Athgaon and our factory is in Tihu.
- Funds are required to make a shade on leased land.
Products & Services Overview
We are manufacturers of smart switchable glass (exclusive manufacturing unit in the whole 8 states of North-East India), laminated glass, designer glass, stainless steel glass railings, aluminium doors & windows, and toughened glass.
Assets Overview
Physical assets include plant and machinery worth INR 82,90,000. Company also has stock worth INR 45,00,000.
Facilities Overview
Office space on a rental basis in central Guwahati with an area of 1,300 sqft on the first floor.
We also have a leased land of 600 sqm Tihu Assam.
Capitalization Overview
The business has been funded by owners' capital and loans. The outstanding loans are-
Term Loan from UCO Bank - INR 80,00,000.
Cash Credit from UCO Bank - INR 31,00,000.
The company has three shareholders with 6.67%, 10%, and 83.33% stakes in the company.
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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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