Injection Moulding Company Seeking Loan in Chennai, India
| Established | 40-50 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 300 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Injection Moulding |
| Locations | Chennai |
| Local Time | 10:45 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Injection moulding manufacturer that supplies products to major OEM companies.
We had been operating since 1975 and recently registered it as a private company.
We used to run two shifts (6 am - 2 pm and 2 pm to 6 am)
Had around 10 clients such as Wapco ZF, Brakes India Limited, and others.
The company unit was sealed 3 months back by the bank as we were not able to pay back the debt.
Industrial plastic molded components: plastic cam follower, industrial plastic caps, plastic oil filter, knob with threaded insert, plastic locking knobs, and insert molded plastic components.
Electronic machine, Texair machine and an owned facility with all the infrastructure.
The business runs in an owned facility of 5,500 square feet with 4 floors.
Facility is in Valasaravakam.
The business was funded by self and through a loan from a bank. There is an outstanding loan of INR 96,00,000. Company has 2 directors.
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Earlier than 15 daysPresident, Engineering, Delhi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysProprietor, Chemical, Mumbai, Individual Investor / Buyer connected with the Business
2 Investors already contacted this Business.
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