Iron Foundry Seeking Loan in Ludhiana, India

Manufacturer of hot die steel and mild steel in Ludhiana, having more than 200 clients.

This transaction has concluded.

This Business is on a Premium Plan

Established	30-40 year(s)
Employees	100 - 500
Legal Entity	Private Limited Company
Reported Sales	USD 2 million
Run Rate Sales	USD 3.6 million
EBITDA Margin	15 %
Industries	Foundries + 1 more
Locations	Ludhiana
Local Time	5:42 PM Asia / Kolkata
Listed By	Business Owner / Director
Status	Moderately Active

6.6 / 10

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Seeking Loan

USD 240 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 50 thousand

Includes physical assets worth USD 1.5 million

Interested to connect with advisors

Documents

ROC-Verification.pdf (59.7 KB)

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

Owned 69,300 sq ft built up area.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Director, Bokaro Steel City, Financial Consultant connected with the Business
Earlier than 15 days
Founder, Mumbai, Financial Consultant connected with the Business
Earlier than 15 days
CEO, Metal Casting, Ludhiana, Individual Investor / Buyer connected with the Business

Iron Foundry Seeking Loan in Ludhiana, India

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