Industrial Machinery Wholesale Business Seeking Loan in Jamshedpur, India
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 10 - 20 thousand |
| Run Rate Sales | USD 140 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Industrial Machinery Wholesale |
| Locations | Jamshedpur |
| Local Time | 1:50 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
- Supplier of hydraulic tools and material handling equipment for Indian Railways and MNCs like the Tata Group.
- Indian Railways used to be a major client but revenue from them has dropped to almost 10-20% of total revenue.
- Have good volume orders from the Tata Group.
- We are registered vendors to the Tata Group and Indian Railways.
- Extreme slowdown last two years due to Covid. Sales have picked up exponentially in the last 3 months.
- Already received and successfully delivered orders worth INR 40 lakh in the last 3 months.
- Outstanding loan with Bajaj of around INR 1.5 lakh.
We supply hydraulic tools, pressure switches, pipes, pipe fittings, and chains.
The business does not own physical assets, it only owns basic office furniture and moving stock.
The owner can provide their personal residential property worth INR 35 lakh as a collateral for this loan.
We operated from an office of 500 square feet. The office is the personal property of the proprietor.
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Earlier than 15 daysCEO, Visakhapatnam, Financial Consultant connected with the Business
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Earlier than 15 daysLead Manager, Food, Ranchi, Individual Investor / Buyer connected with the Business
