Iron & Steel Store Seeking Loan in Raipur, India
Business specializing in trading of machined automobile railway components, seeking funds to procure stock.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 400 thousand |
| Run Rate Sales | USD 1.03 million |
| EBITDA Margin | 10 % |
| Industries | Iron & Steel Stores |
| Locations | Raipur |
| Local Time | 10:02 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
11.4 thousand
for
10.0%
annual interest,
1
year
(Native Currency: INR 1,000,000)
Reason: Seeking funds to procure stock to fulfill a few orders in hand.
The sought investment amount is wha...
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Collateral Available: USD 0
Includes physical assets worth
USD
23 thousand
Interested to connect with advisors
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Business Name
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Documents
Udyam Registration
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Business Overview
- Business based in Raipur, specializing in the trading of machined automobile railway and general engineering components.
- Offers a range of products and services including rail track, MS plate, and structure items.
- Products are primarily sourced from SAIL & JINDAL, which are well-established and reputed suppliers in the industry.
- There are 5 clients, mainly from the steel industries and railways, spread across Pan India.
- The company operates on an order-based model with~ 2 orders per month a monthly order value of INR 40 lakhs.
- The business holds various certifications and registrations including GST, MSME, ISO, and IEC.
- In addition to the 12 permanent employees, there are additional contract workers.
- The reason for the growth in turnover from last year is because the business was started just 1 year back and this year the market relations, clients and order volume have increased.
- Offers a range of products and services including rail track, MS plate, and structure items.
- Products are primarily sourced from SAIL & JINDAL, which are well-established and reputed suppliers in the industry.
- There are 5 clients, mainly from the steel industries and railways, spread across Pan India.
- The company operates on an order-based model with~ 2 orders per month a monthly order value of INR 40 lakhs.
- The business holds various certifications and registrations including GST, MSME, ISO, and IEC.
- In addition to the 12 permanent employees, there are additional contract workers.
- The reason for the growth in turnover from last year is because the business was started just 1 year back and this year the market relations, clients and order volume have increased.
Products & Services Overview
Trading of machined automobile railway and general engineering components such as rail track, MS plate, and structure items.Supplied to steel industries and railways from Pan India.
Assets Overview
Physical assets include inventory and office assets.
Facilities Overview
Rented warehouse and office facility, located in Rawabhata, Raipur.Rent is INR 60k per month.
Capitalization Overview
Business is self-funded.No outstanding loans or liabilities.
There is 1 owner/director.
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