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Industrial Electrical Switchgear Business Seeking Loan in Nashik, India

Switchgear products company with a manufacturing capacity of 100 tonnes supplying to ABB, L&T.
This transaction has concluded.

Established 5-10 year(s)
Employees 100 - 500
Legal Entity General Partnership
Reported Sales USD 300 thousand
Run Rate Sales USD 360 thousand
EBITDA Margin 22 %
Industries Switchgear + 1 more
Locations  Nashik
Local Time 9:21 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 240 thousand for 15.0% annual interest, 3 years (Native Currency: INR 20,000,000)
Reason: To increase production capacity by adding more machinery and for working capital.
Collateral Available: USD 180 thousand
Includes physical assets worth USD 660 thousand
Interested to connect with advisors
Documents
Business Overview

- Business has three partners having strong entrepreneurial skills backed by over 20 years of experience in switch gear manufacturing.

- We can manufacture 100 tones of switches per month.

- Currently, have 4 clients to whom we are supplying.

- Some of our clients are ABB, L&T, Lucy Electric.

- In negotiations with 10 more clients and we would need to increase the production capacity.

- Future plan is to start manufacturing electric vehicle charging stations as well.

Products & Services Overview

- We manufacture low voltage and medium voltage switch gears.

- Soon we would be manufacturing electric vehicle charging stations.

Facilities Overview

Rented facility with built up area of 50,000 sq ft.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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