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    Smart Grid Equipment Company Seeking Loan in Nashik, India

    Company in Nashik plans to manufacture smart energy meters and also few IoT based products.
    Established 1-5 year(s)
    Employees 5 - 10
    Legal Entity Private Limited Company
    Reported Sales Nil
    Run Rate Sales Nil
    EBITDA Margin Nil
    Industries Smart Grid Equipment + 1 more
    Locations  Nashik
    Local Time 6:59 PM Asia / Kolkata
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    7.8 / 10
    Compare with industry
    Seeking Loan
    USD 1.2 million for 10.0% annual interest, 5 years (Native Currency: INR 100,000,000)
    Reason: To take up a place on lease to set up the manufacturing unit, procurement of machinery, raw material... View More
    Collateral Available: USD 0
    Interested to connect with advisors
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Documents
    Domain-Verification.pdf
    Domain-Verification.pdf (213.2 KB)
    ROC-Verification.pdf
    ROC-Verification.pdf (59.4 KB)
    Business Overview

    - We are already running a manufacturing firm which produces control systems for power management for industrial machinery.

    - Planning to start a new company to manufacture IoT based smart systems, which will be used to read and manage electrical energy levels in electrical power stations and transmission stations.

    - Have received contract from Maharashtra State Electricity Transmission Company (MSETCL) to supply smart meters for their power stations.

    - Have identified a 5 acre land to lease out and setup our manufacturing unit. This is located in an industrial area, which will help us in logistics and procurement.

    Products & Services Overview

    Smart meters for reading energy levels in Power and transmission stations.

    Facilities Overview

    Have identified a 5 acre property in an industrial area to take it on lease and setup the manufacturing unit.

    Capitalization Overview
    Not Disclosed
    Recent Activity
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    Home Automation Startup Seeking Loan in Nasik

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    IoT Startup Seeking Loan in Nashik, India

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    Smart Grid Equipment Startup Seeking Loan

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    Lend to Home Automation Startup in Nasik

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    Internet of Things Startup Seeking Loan

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    Home Automation Startup Seeking Loan

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    Lend to IoT Startup in Nashik, India

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    Lend to Smart Grid Equipment Startup

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    IoT Startup Seeking Loan in Nasik

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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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