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Manpower Supply Business Seeking Loan in Burdwan, India

Kolkata based manpower supply service providing company to large manufacturers in India.

Established 5-10 year(s)
Employees 100 - 500
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1 - 2 million
Run Rate Sales USD 370 thousand
EBITDA Margin 30 %
Industries Manpower Supply
Locations  Burdwan
Local Time 5:40 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 11.8 thousand for 10.0% annual interest, 1 year (Native Currency: INR 1,000,000)
Reason: We seek loan for business enhancement and development. Also we need fund for working capital of the ... View More
Collateral Available: USD 0
Includes physical assets worth USD 11.8 thousand
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Business Name
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GST Registration
Business Overview
- We provide manpower supply to large manufacturing companies.
- We work as a third-party outsourcing agent to the manufacturers for manpower at their plants and factories.
- We have around 500 employees in this company including 200 permanent employees.
- We work on a contract basis which is a project to project and have completed 27 projects so far.
- We are also registered under the NAPS scheme for the benefits employees.
- As the business is dependent on the supply of manpower, so there was a dip in sales due to the Covid-19 outbreak.
Products & Services Overview
The service of the business is to supply manpower to large manufacturing companies.
Assets Overview
The assets of the business are office furniture, 20- computer and machinery.
Facilities Overview
The built-up area of the business is 1,000 Sq. Ft. This property is on a rental agreement.
Capitalization Overview
Not Disclosed
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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