Medical Devices Company Seeking Loan in Chennai, India
Chennai-based business which outsources manufacturing of medical devices to "cluster partners" and does marketing seeks a loan.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Medical Devices |
| Locations | Chennai |
| Local Time | 1:21 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
120 thousand
for
10.0%
annual interest,
3
years
(Native Currency: INR 10,000,000)
Reason: To scale up the cluster unit in Kerala.
Collateral Available: USD 12 thousand
Includes physical assets worth
USD
30 thousand
Interested to connect with advisors
Documents
ROC-Verification.pdf
(59.6 KB)
Business Overview
- This business itself is not involved in manufacturing. It sets up clusters in various locations which do the manufacturing, and this business shares know-how of the same and also helps in marketing activities.
- Business has signed a cluster partner in Kerala who'll be manufacturing these products.
- A second cluster partner is coming up with the facility in Tamil Nadu.
- Promoter has 3 decades of experience.
- Sales will come from equity holdings in clusters and from other sources.
Products & Services Overview
Tertiary care medical devices.
Facilities Overview
2000 SFT built up area for the manufacturing plant.
1000 SFT built up area for the Project office.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysPartner, Healthcare, Pune, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Engineering, Pune, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysIndependent Advisor, Delhi, Financial Consultant connected with the Business
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