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Machine Shop Seeking Loan in Surat, India

Business offering custom manufacturing and engineering services to different industries since 2012, with more than 10 clients.
This transaction has concluded.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 2.2 million
Run Rate Sales USD 3 million
EBITDA Margin 23 %
Industries Fabricated Metal Products + 1 more
Locations  Surat
Local Time 8:42 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 1.4 million for 12.0% annual interest, 10 years (Native Currency: INR 120,000,000)
Reason: Majority of the funds would be used to close our previous loan since interest rates are on the highe... View More
Collateral Available: USD 120 thousand
Includes physical assets worth USD 230 thousand
Business Overview

- Company manufactures fabricated and machined components.

- We manufacture material handling and transmission equipment.

- We serve clients from various industries including aerospace & defense, power plant, cement plant, shipbuilding, and steel plant.

- Company has more than 10 clients. Some of our clients are BHEL, Zeeco, Harrod's, Western Railway, NTPC, Thermax Ltd, L&T, Essar Steel.

- Company has 26 dedicated engineers and 82 labor workforce working for daily wages.

- Have multiple orders in hand this year for custom fabrications.

Products & Services Overview

We offer services like custom fabrication, structure steel fabrication, sheet metal fabrication, rolling, CNC machining, painting & blasting and Engineering services like CAD designing, modelling.

Assets Overview

Own land and fabrication facility, 3 EOT cranes with 30 MT capacity each, CNC turning center, radial drill machine, hydraulic shearing machine, water jet, CNC plasma & oxy-fuel cutting.

Facilities Overview

Own 49,100 sqm total area which is divided into 19,100 sqm open fabrication area, 24,600 sqm covered area and 5,500 sqm office.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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