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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.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 2.3 million
Run Rate Sales USD 3 million
EBITDA Margin 23 %
Industries Fabricated Metal Products + 1 more
Locations  Surat
Local Time 11:42 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 1.5 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 130 thousand
Includes physical assets worth USD 240 thousand
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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.

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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