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Machine Shop Seeking Loan in Pune, India

Manufactures sheet metal components for automobile sector, seeking funds to start manufacturing furniture gas spring.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 180 thousand
Run Rate Sales USD 200 thousand
EBITDA Margin 7 %
Industries Machine Shops
Locations  Pune
Local Time 5:03 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 30 thousand for 13.0% annual interest, 1 year (Native Currency: INR 2,500,000)
Reason: Require funds to meet our working capital needs to manufacture both metal component and gas spring.
Collateral Available: USD 0
Includes physical assets worth USD 120 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

Company manufactures sheet metal components used in the automobile sector and are in the process to also start manufacturing furniture gas spring. Have served multiple clients in the past and are currently working with 4 regular clients who are from different cities in Maharashtra.

Factory is well equipped to manufacture high quality metal parts and components. The daily production capacity is 80,000 sheet components and 3,000 gas spring. We are currently operating at 30% capacity. Seeking funds to increase the daily output by utilizing our machinery at full capacity.

Company has market presence since 18+ years. Business owned assets include machinery, tools and equipment.

Products & Services Overview

Currently manufactures sheet metal pressed components. In the process to also start manufacturing furniture gas spring.

Facilities Overview

5,000 sq ft of factory on rent.

Capitalization Overview
Not Disclosed
Recent Activity
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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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