Machine Tools Business Seeking Loan in Bangalore, India
Seeking funding to scale SPM mortiser machine production, expand dealer network, and boost capacity.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 17.6 thousand |
| Run Rate Sales | USD 39 thousand |
| EBITDA Margin | 20 % |
| Industries | Machine Tools |
| Locations | Bangalore |
| Local Time | 8:13 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
29 thousand
for
12.0%
annual interest,
3
years
(Native Currency: INR 2,500,000)
Reason: We need funding for working capital to increase machine production, establish a dealer network, and ...
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Collateral Available: USD 29 thousand
Includes physical assets worth
USD
29 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Working of The Machine
(22.6 MB)
Udyam Registration Certificate
(211.3 KB)
GST Registration Certificate
(78.2 KB)
Business Overview
- Based in Bangalore, our company specializes in manufacturing innovative SPM mortiser machines specially designed for the woodworking industry.
- Targeting both B2C and B2B markets, our strategy involves directly selling to carpenters while planning to expand through a robust dealer network to reach timber merchants.
- Currently capable of producing 3 machines every 2 months, with plans to scale production capacity to 10 machines per month post-funding.
- The company's flagship product efficiently cuts square and rectangular holes and is economical, making it a valuable addition for woodworking shops of all sizes.
- With a strong demand in the woodworking industry, this advanced machine is both scalable and profitable, with manual and automated models available.
- Led by a promoter with a diploma in electronics and 25 years of experience, who invested INR 20 lakh over a span of 3 years to invent this cutting-edge machine.
- Our machines are renowned for their excellent design and outstanding post-market performance, reflecting our commitment to quality and utility.
- As we tap into the sizeable woodworking machinery market, our scalable business model positions us advantageously for growth and increased market share.
- Targeting both B2C and B2B markets, our strategy involves directly selling to carpenters while planning to expand through a robust dealer network to reach timber merchants.
- Currently capable of producing 3 machines every 2 months, with plans to scale production capacity to 10 machines per month post-funding.
- The company's flagship product efficiently cuts square and rectangular holes and is economical, making it a valuable addition for woodworking shops of all sizes.
- With a strong demand in the woodworking industry, this advanced machine is both scalable and profitable, with manual and automated models available.
- Led by a promoter with a diploma in electronics and 25 years of experience, who invested INR 20 lakh over a span of 3 years to invent this cutting-edge machine.
- Our machines are renowned for their excellent design and outstanding post-market performance, reflecting our commitment to quality and utility.
- As we tap into the sizeable woodworking machinery market, our scalable business model positions us advantageously for growth and increased market share.
Products & Services Overview
Our product is a unique, advanced SPM mortiser machine, essential for the wood industry. It is scalable, profitable, and in continuous demand.Key features:
- Cuts square and rectangular holes efficiently.
- Ideal for wood and woodworking machine shops.
- Reusable and economical.
- Available in manual and automated models.
- Excellently designed, well-accepted, and delivers.
Outstanding post-market performance.
Assets Overview
Tangible assets:Lathe, welding machines, stock, raw materials and all other equipment.
Facilities Overview
We currently operate from a 1,000 sq. ft. rented industrial factory with in-house machining facilities, including milling, lathe, welding, and advanced machines.To scale production, we have developed vendor partnerships as ancillary units and outsourced some jobs as needed. Our infrastructure is fully equipped to meet production demands of all sizes.
Capitalization Overview
We are currently a bootstrapped sole proprietorship, with the initial investment funded through personal savings and family support. We have an interest-free debt of ₹20 lakh from family.
Recent Activity
-
Earlier than 15 daysManager, Package Transportation, Bangalore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Cutting Tools, Boring Bar & CNC Jaws Manufacturer, Hubballi, Individual Investor / Buyer connected with the Business
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2 Investors contacted this Business this month.
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