Iron Foundry Seeking Loan in Ludhiana, India

Manufacturer of hot die steel and mild steel in Ludhiana, having more than 200 clients.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 4 million
EBITDA Margin
15 %
Industries
Foundries + 1 more
Locations
Local Time
12:29 PM Ludhiana
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 280 thousand for 12.0% annual interest, 10 years (Native Currency: INR 20,000,000)
Reason: Needs funds to purchase raw material and for further construction to improvise our plant.
Collateral Available: USD 56 thousand
Includes physical assets worth USD 1.8 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Manufacturer and supplier of hot die steel, alloy steel and mild steel operating since 1993.

- Our products also include auto parts, cast iron, ductile iron, mild steel, agricultural parts.

- Have 8 vendors from whom we procure raw materials.

- Our production capacity is 600 tons per month.

- Have more than 200 clients.

- This year we started trading business as well which resulted in higher sales.

- Our assets include land, building, raw material and machinery.

- Promoter has more than 35 years of experience in this industry.

Products & Services Overview

Sewing machines, auto parts, cast iron, ductile iron, mild steel, agriculture parts and much more.

Facilities Overview
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more