Iron & Steel Store Seeking Loan in Mangalore, India
Mangalore-based iron ore trading business with strong client base seeks funding for a large order.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 3.3 million |
| Run Rate Sales | USD 3.3 million |
| EBITDA Margin | 0 - 10 % |
| Industries | Iron & Steel Stores |
| Locations | Mangalore |
| Local Time | 9:55 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
2.2 million
for
10.0%
annual interest,
3
years
(Native Currency: INR 200,000,000)
Reason: Working capital for an upcoming huge order.
Collateral Available: USD 66 thousand
Includes physical assets worth
USD
55 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Located in Mangalore, we specialize in trading iron ore, catering to both lumps and fines.
- We also deal in manganese ore and bauxite ore, offering a variety of products to our clients.
- Our business has established relationships with 13 regular clients, ensuring steady revenue.
- We have a solid reputation and attract interest from international buyers looking for quality iron ore.
- We thrive on strong client relationships and timely deliveries, helping us maintain a solid market presence.
- With the increasing demand for iron and other ores, we're poised for growth in the trading industry.
- As the business primarily operates in trading, it does not require a large workforce.
- We operate with a valid GST certificate.
- We also deal in manganese ore and bauxite ore, offering a variety of products to our clients.
- Our business has established relationships with 13 regular clients, ensuring steady revenue.
- We have a solid reputation and attract interest from international buyers looking for quality iron ore.
- We thrive on strong client relationships and timely deliveries, helping us maintain a solid market presence.
- With the increasing demand for iron and other ores, we're poised for growth in the trading industry.
- As the business primarily operates in trading, it does not require a large workforce.
- We operate with a valid GST certificate.
Products & Services Overview
We specialize in trading iron ore, catering to both lumps and fines.We also deal in manganese ore and bauxite ore, offering a variety of products to our clients.
Assets Overview
Tangible assets:- Office land and building.
- Vehicles.
Facilities Overview
The registered address of the business is in Jamshedpur. However, the operations are carried out in Mangalore from a small, owned two-floor office space.
Capitalization Overview
- Self-funded.- No outstanding loans.
- 2 shareholders.
Recent Activity
-
5 days, 16 hours agoIndependent Advisors, New Delhi, Financial Consultant connected with the Business
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