Iron Foundry Seeking Loan in Chhattisgarh, India

Non-ferrous foundry involved in casting of copper, aluminium and copper alloys with PSU clients.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 100 thousand
EBITDA Margin
Operating at break even
Industries
Local Time
9:20 AM Bhilai
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 70 thousand for 18.0% annual interest, 2.0 years (Native Currency: INR 5,000,000)
Reason: Having order worth 2 cr from railway, defense SAIL- Bhilai steel, RSP etc to execute work order.
Collateral Available: USD 100 thousand
Includes physical assets worth USD 430 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
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User Verification
Documents
Business Overview

- Foundry engaged in the casting of copper, copper alloys and aluminium.

- Also makes spares for equipment used in other foundries and for naval use.

- Marquee clients include SAIL, Sesa (Vedanta), Indian Defense, Indian Railways, JSW and numerous private steel plants.

- Currently operating at a loss due to low production volume but profitability can be achieved by increasing the volume of production.

Products & Services Overview

- Casting of copper, aluminium and copper alloys.

- Spares for foundry equipment and for naval use.

Facilities Overview
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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