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Machine Tools Company Seeking Loan in Chennai, India

Business that design and sell scrap recycling machinery for turnkey projects seeks funding.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 158 thousand
Run Rate Sales USD 216 thousand
EBITDA Margin 15 %
Industries Industrial Machinery Wholesale + 1 more
Locations  Chennai
Local Time 12:39 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 68 thousand for 12.0% annual interest, 5 years (Native Currency: INR 6,000,000)
Reason: To purchase more machines and sell to other projects.
Complete new projects in hand.
Collateral Available: USD 0
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- The business is located in Chennai and sells scrap recycling machinery for other projects.
- Company has a small team of 5 employees.
- Specializing in designing and selling scrap recycling machinery for turnkey projects, the company has secured a substantial INR 2.5 crore order this year and has additional projects in the pipeline.
- The company offers 6 types of machines and also engages in importing and selling certain machinery to other businesses.
- Company caters to both small and large-scale projects, reflecting its ability to serve a diverse range of clients within the industry.
- With a focus on the design, sale, and import of scrap recycling machinery, the company has demonstrated its commitment to providing comprehensive solutions for its clients' needs.
- Manufacturing is done by a third party as per our designs based on the project.
- The business possesses the potential for growth and expansion, as evidenced by its current order pipeline and the diverse range of products and services it offers.
- Company is a private limited entity with MCA registration.
Products & Services Overview
We design and sell scrap recycling machinery for other projects.
There are 6 types of machines.
We also import some machines and sell them to others.
Our machines are used by scrap management and recycling businesses to separate, organize, and crush metal and other wastes.
Assets Overview
Business doesnt own any major assets as the manufacturing is done by a third party.
Facilities Overview
Office is rented in Chennai.
Manufacturing is done with a partnership in Mumbai. Manufacturing is outsourced.
Capitalization Overview
Business has 2 owners.
Have a bank loan of INR 5 lakh.
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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