Industrial Electrical Switchgear Company Seeking Loan in Chennai, India
|Employees||10 - 50|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 1 million|
|Run Rate Sales||USD 800 thousand|
|EBITDA Margin||0 - 10 %|
|Industries||Switchgear + 2 more|
|Local Time||8:11 AM Asia / Kolkata|
|Listed By||Business Owner / Director|
- The company is a part of a group of companies that manufacture switchgear, automotive and precision-fabricated products. Over 80% of the group's revenue comes from manufacturing switchgear and precision-fabricated products with 20% coming from automotive products. This particular entity manufactures switchgear and precision-fabricated products.
- The business is primarily targeting the energy (solar and wind), and transportation industry.
- Revenue has fallen primarily due to a decrease in orders arising from the ongoing pandemic.
- We have a production capacity of 100 tonnes daily. The business has 200+ suppliers and over 8-10 customers.
- Out of the 8-10 customers, 4-5 buyers are part of our major clientele and some of them include Vestas, Schneider Electric, Vestas, General Electric and Toshiba.
- Our company has won the best supplier award from General Electric for multiple years.
- We have a working capital limit from the bank. Besides that, the business has not taken on any debt.
1) Air circuit breakers and switches (Fuse)
2) Parts for air circuit breakers and sub-assemblies.
3) Cluster assembly.
- Precision fabricated products.
We own a manufacturing unit with an area of 6000 square feet.
Multiple dedicated machinery and equipment.
Owns 1 manufacturing unit with an area of 6,000 square feet.
Renting a production unit with an area of 25,000 square feet. Paying a monthly rent of INR 3,50,000 and have already paid a deposit of INR 32,00,000.
The registered office has an area of 2,000 square feet and is located inside the owned production unit.
Earlier than 15 daysFounder, Chennai, Financial Consultant connected with this business
Earlier than 15 daysManaging Director, Defense & Construction, Ahmednagar, Corporate Investor / Buyer connected with this business
Earlier than 15 daysSenior Consultant, Gurgaon, Financial Consultant connected with this business