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Medical Supplies and Equipment Business Seeking Loan in Gurgaon, India

Manufacturing world class hospital furniture like hospital beds and trolleys for both private and government hospitals.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 540 thousand
Run Rate Sales USD 900 thousand
EBITDA Margin 20 %
Industries Medical Supplies and Equipment
Locations  Gurgaon
Local Time 3:56 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 240 thousand for 12.0% annual interest, 2 years (Native Currency: INR 20,000,000)
Reason: Seeking funds to meet purchase orders worth INR 8 crore.
Collateral Available: USD 0
Includes physical assets worth USD 40 thousand
Interested to connect with advisors
Business Overview

- Manufacturer of hospital furniture such as hospital beds, wheelchair, and medical equipment.

- Have 20-25 vendors to source the raw materials.

- Fabrication is done at our own manufacturing facility and the finished products are stored at a rented facility.

- Have 50 private and semi-govt clients pan India, and currently have INR 8 crore worth purchase orders.

- We are seeking funds to meet the purchase order.

- Achieved good sales growth during this year since we had a rate contract with HLL Heights under the PMSSY Project.

- Business owner has more than 12 years of industry experience.

- Business owned assets include the machinery and equipment.

Products & Services Overview

Mild and stainless steel hospital furniture and medical equipment.

Facilities Overview

Own manufacturing facility of 1,800 sq ft and a rented storage facility of 2,000 sq ft.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    CEO, Visakhapatnam, Financial Consultant connected with the Business
  • Earlier than 15 days
    Managing Director, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Analyst, Delhi, M&A Advisor connected with the Business
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This transaction has concluded. View similar business opportunities on SMERGERS
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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