Need help?

Industrial Machinery Company Seeking Loan in Kolkata, India

Well-established ash-handling system manufacturer and operator with 21 power plant clients.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 900 thousand
Run Rate Sales USD 900 thousand
EBITDA Margin 13 %
Industries Industrial Machinery
Locations  Kolkata
Local Time 2:02 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 130 thousand for 10.0% annual interest, 5 years (Native Currency: INR 10,000,000)
Reason: To develop a research and development division. Increase the scale of operations and acquire new cli... View More
Collateral Available: USD 130 thousand
Includes physical assets worth USD 170 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Engaged in the manufacturing of ash-handling systems for NTPC power plants (primary customer). This vertical contributes up to 95% of the business revenue.

- Additionally, we are also involved in the operations and maintenance of 2-3 NTCP power plants. These are annual contracts.

- Run-rate sales have slightly dipped due to the ongoing pandemic.

- We manufacture over 400 different types of ash-handling equipment. Have over 21 power plant clients for the same. We have 3-4 contracts with our power plant clients for standardized items on a monthly basis.

- Have over 48-50 part-time employees and 7-8 full time employees.

- During inception, we had heavily invested into marketing and promotion. Currently since we are well-established, we primarily rely on word-of-mouth promotion and customer referral.

- Promoter is a graduate engineer in industrial engineering with 18 years of experience.

Products & Services Overview

Manufacturing of bottom ash equipment like clinker grinder, feed gate assembly, and fly ash equipment. Also involved in the operations and maintenance of the same.

Assets Overview

Properties, heavy machinery and equipment.

Facilities Overview

We have a 3,500 square feet manufacturing facility and 2,600 square feet office space that is owned by the business.

Recent Activity
  • Earlier than 15 days
    Managing Director, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    CEO, Jamshedpur, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, Engineering, Pune, Corporate Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

4 Investors already contacted this Business.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more