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    Machine Tools Company Seeking Loan in Vadodara, India

    Company plans to manufacture industrial tools for automotive industry seeks investment to set-up the facility on own land.
    Established 1-5 year(s)
    Employees 2 - 5
    Legal Entity Private Limited Company
    Reported Sales Nil
    Run Rate Sales Nil
    EBITDA Margin Nil
    Industries Machine Tools
    Locations  Vadodara
    Local Time 2:22 AM Asia / Kolkata
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    6.4 / 10
    Compare with industry
    Seeking Loan
    USD 180 thousand for 12.0% annual interest, 2 years (Native Currency: INR 15,000,000)
    Reason: To purchase machinery, construct the shed and start operations.
    Collateral Available: USD 0
    Includes physical assets worth USD 36 thousand
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Documents
    ROC-Verification.pdf
    ROC-Verification.pdf (59.4 KB)
    Business Overview

    - Newly incorporated company located in Vadodara.

    - We plan to manufacture industrial cutting tools such as solid carbide drill, step drills, PCD reamers, CBN grooving blades.

    - We would manufacture 30 different types of tools.

    - Our business will mainly cater to automotive sector.

    - Some of the companies we are in talks with are Hero, Bajaj, Tata Motors, Mahindra & Mahindra.

    - It would take around 5 months to start operations upon receiving investment.

    - Our plant will have the capacity to do INR 90 lakh per month in sales with 20% profit.

    - Physical assets include land.

    Products & Services Overview

    Solid carbide drill, step drills, PCD reamers, inserted drills, spot facing cutters, CBN grooving blade, threading tools and other special tools.

    Facilities Overview

    Owned land of 500 sqm located in Vadodara.

    Capitalization Overview
    Not Disclosed
    Recent Activity
    • Earlier than 15 days
      Partner, Stuttgart, Business Broker connected with the Business
    • Earlier than 15 days
      Founder & CEO, Chennai, M&A Advisor connected with the Business
    Tags:

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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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