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Industrial Machinery Company Seeking Loan in Kolkata, India

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

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 800 thousand
Run Rate Sales USD 800 thousand
EBITDA Margin 13 %
Industries Industrial Machinery
Locations  Kolkata
Local Time 1:33 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 120 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 120 thousand
Includes physical assets worth USD 150 thousand
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Business Name
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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.

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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