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GPS Devices Company Seeking Loan in Aurangabad, India

Business that would manufacture electric devices, seeking funds to start operations.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Battery and UPS Manufacturing + 1 more
Locations  Aurangabad
Local Time 2:55 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 35 thousand for 12.0% annual interest, 1 year (Native Currency: INR 3,000,000)
Reason: For working capital required to start operations.
Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Business manufacturing electric devices, based in Aurangabad.
- We are still in the pre-revenue phase.
- We will be manufacturing tracking devices for commercial vehicles, electric vehicle batteries and charging devices.
- Our business has been registered as a private limited company. We will be receiving our ARAI certificate by the end of the month.
- The products will be manufactured by a third party manufacturer. We have already identified one such manufacturer who will be manufacturing for us.
- Owner has over 18 years of experience as an electric engineer in top MNCs.
- Business does not own any physical assets, as it is just a startup and haven't started operations yet.
- We expect to begin operations by the end of this month.
Products & Services Overview
Business that will be manufacturing tracking devices for commercial vehicles, electric vehicle batteries and charging devices.
Facilities Overview
Not available. Currently operating from a home setup.
Capitalization Overview
Not Disclosed
Recent Activity
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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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