Iron & Steel Store Seeking Loan in Thane, India
Steel supplier to PSU contractors requires funding to begin applying for larger tenders.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 52 thousand |
| Run Rate Sales | USD 56 thousand |
| EBITDA Margin | 20 % |
| Industries | Iron & Steel Stores |
| Locations | Thane |
| Local Time | 1:57 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
29 thousand
for
12.0%
annual interest,
4
years
(Native Currency: INR 2,500,000)
Reason: We require this funding to begin applying for tenders, as our current orders are solely obtained thr...
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Collateral Available: USD 0
Includes physical assets worth
USD
11.6 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- The business primarily supplies high-quality steel and finished steel products such as pipes, serving major contractors and government agencies involved in construction and maintenance projects across Mumbai.
- Positioned strategically within the Iron & Steel sector, the company caters to growing demands for infrastructure development by supplying robust steel materials essential for various government-related initiatives.
- The business leverages its local presence and relationships with contractors to sell its products.
- With a lean team of 4 employees, the business efficiently manages operations to supply to large-scale projects, demonstrating strong operational capabilities in the steel supply chain.
- Last year, the company diversified its service line by offering manpower supply for specific projects, showcasing adaptability and resourcefulness in meeting client needs.
- The primary focus on steel-related products has cemented its reputation as a reliable supplier to contractors servicing public sector undertakings, particularly in construction and maintenance sectors.
- It holds a GST certificate.
- Positioned strategically within the Iron & Steel sector, the company caters to growing demands for infrastructure development by supplying robust steel materials essential for various government-related initiatives.
- The business leverages its local presence and relationships with contractors to sell its products.
- With a lean team of 4 employees, the business efficiently manages operations to supply to large-scale projects, demonstrating strong operational capabilities in the steel supply chain.
- Last year, the company diversified its service line by offering manpower supply for specific projects, showcasing adaptability and resourcefulness in meeting client needs.
- The primary focus on steel-related products has cemented its reputation as a reliable supplier to contractors servicing public sector undertakings, particularly in construction and maintenance sectors.
- It holds a GST certificate.
Products & Services Overview
We supply government agencies with steel and also finished steel products like pipes etc. We also did manpower supply last year for some projects but our top selling products right now are steel and steel products.These products are sold to contractors working for PSUs and they use it for construction and maintenance needs.
Assets Overview
Tangible assets include raw material worth INR 10 lakh.
Facilities Overview
Rented office in Thane of 300 sq. ft. with monthly rent of INR 10,000.
Capitalization Overview
- 100% of the business is owned by a single owner.- We had a CC of INR 5 lakh but the bank has paused this for now.
Recent Activity
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