Injection moulding company based in Chennai seeks a loan to restart its operations.

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.

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.

Electronic machine, Texair machine and an owned facility with all the infrastructure.