Industrial Machinery Business Seeking Loan in Chennai, India
Established Chennai-based Industrial machinery manufacturer with a focus on automotive industry with 15-20 active clients.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 450 thousand |
| Run Rate Sales | USD 460 thousand |
| EBITDA Margin | 35 % |
| Industries | Industrial Machinery |
| Locations | Chennai |
| Local Time | 10:10 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
60 thousand
for
15.0%
annual interest,
2
years
(Native Currency: INR 5,000,000)
Reason: - We are seeking funding for working capital n order to fund the 50 continuous projects upcoming in ...
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Collateral Available: USD 143 thousand
Includes physical assets worth
USD
334 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Established for over 15 years, the company is located in Chennai and specializes in manufacturing Industrial Robotics welding fixtures, checking fixtures, and special purpose machines for the auto industry.
- The business operates on a project basis, customizing its products to meet each client's specific needs, with clients being from the truck and car manufacturing industries, as well as the electronics sector.
- Notable clients include Dunlop, Royal Enfield, TAFE, and YSI, with a high percentage of repeat business, indicating strong customer loyalty.
- The company currently has 35 employees and is planning to increase to two shifts in the future, indicating potential for expansion and increased production capacity.
- With 15-20 current active clients, the majority of the client base is from South India, particularly Chennai, with the rest from Andhra Pradesh, Gujarat, and Delhi, showcasing a diverse client portfolio.
- The company has secured continuous projects worth 500 for the next 10 months, indicating a strong order book and consistent revenue stream.
- The business operates on a project basis, customizing its products to meet each client's specific needs, with clients being from the truck and car manufacturing industries, as well as the electronics sector.
- Notable clients include Dunlop, Royal Enfield, TAFE, and YSI, with a high percentage of repeat business, indicating strong customer loyalty.
- The company currently has 35 employees and is planning to increase to two shifts in the future, indicating potential for expansion and increased production capacity.
- With 15-20 current active clients, the majority of the client base is from South India, particularly Chennai, with the rest from Andhra Pradesh, Gujarat, and Delhi, showcasing a diverse client portfolio.
- The company has secured continuous projects worth 500 for the next 10 months, indicating a strong order book and consistent revenue stream.
Products & Services Overview
- The key products we manufacture include Industrial robotics welding fixtures, checking fixtures, and special purpose machines for auto industries.- Each of our products is customized according to the client's requirements and our clients mainly include businesses from the auto industry who use our products for the manufacturing of trucks and cars.
Assets Overview
The tangible assets include machinery worth INR 2.8 crore and owned factory building worth INR 60 lakh.
Facilities Overview
Our factory facility is located in Ambathur and has a built-up area of around 5,000 sq ft.The factory building is owned by the company however, the land is leased for 10 years for which a monthly rent of INR 20 lakh is paid.
Capitalization Overview
The business is run by a sole proprietor with 100% equity.There are loans outstanding worth INR 75 lakh.
Recent Activity
-
1 week, 4 days agoProprietor, MEP, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysEngineer, Oil And Gas, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysGeneral Manager, Waste Water Treatment, Muscat, Individual Investor / Buyer connected with the Business
Tags:
Industrial Machinery Business Seeking Loan in Chennai, India
·Lend to Industrial Machinery Business in Chennai, India
·Industrial Machinery Business Seeking Loan in Madras
·Lend to Industrial Machinery Business in Madras
·Industrial Machinery Business Seeking Loan
·Lend to Industrial Machinery Business
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