Machine Shop Seeking Loan in Chakan, India

Firm engaged in manufacturing of mild steel products with a monthly production capacity of 150MT.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 320 thousand
EBITDA Margin
12 %
Industries
Locations
Local Time
5:28 PM Hosapete
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 200 thousand for 15.0% annual interest, 10 years (Native Currency: INR 15,000,000)
Reason: To retire existing debt.
Collateral Available: USD 260 thousand
Includes physical assets worth USD 260 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- Manufacture Mild Steel (MS) products like wire coils and nails.

- Supply to several companies in Maharashtra including authorized vendors of several automotive manufactures like Tata Motors and Mahindra.

- Also sell our products directly to hardware shops across Maharashtra.

- Have our own factory with a total production capacity of 150MT / month.

- Currently manufacture 80 - 90MT / month.

- Business has strong cashflows but has some debt which the owner intends to retire.

- Tangible assets owned by the business include, the 6,000 sq. ft. factory plot and construction, manufacturing equipment, inventory, raw materials and other operating assets.

Products & Services Overview

MS Wire Coil, MS Wire Straightening and Cutting, MS Wire Collated Nails and MS Wire Loose Nails.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with this business
  • Earlier than 15 days
    Managing Partner, Pune, Financial Consultant connected with this business
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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.
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