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Metal Container Company Investment Opportunity in Chennai, India

Chennai based start-up engaged in manufacturing of steel strapping, seeking investment to increase working capital.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 1.6 million
EBITDA Margin 10 - 20 %
Industries Steel + 1 more
Locations  Chennai
Local Time 1:15 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 700 thousand for 25.0% stake (Native Currency: INR 50,000,000)
Reason: With our initial projected sales plan, we had planned for working capital to achieve 300MT per month... View More
Includes physical assets worth USD 1.2 million
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Business Overview

- We are a Chennai based start-up engaged in the manufacturing of steel strapping and steel seal products used for packaging.

- India's first fully automatic and lead-free steel strapping production/manufacturing unit.

- Initially, we were providing installation services for industrial clients. We started commercial production of steel straps and seal from the beginning of this year.

- Steel strapping production capacity - 2,000 tons per month & steel seals production capacity - 4 Million per month, with 90% capacity utilization.

- We currently supply 4-5 major clients including JSW Group, Tata Steel, Essar Group, and contract packagers.

- We have secured an order from the PSU steel mill for a 2-year term contract worth INR 15 crore and need working capital to fulfil the order.

- Our revenue has increased this year as we started commercial production at the beginning of the year only.

Products & Services Overview

Steel strapping, packaging tools & accessories, contract packaging to steel mills, and PSU steel mills.

Assets Overview

Machinery, steel strapping production line & steel seal production line.

Facilities Overview

Leased 26,000 sq ft factory in a private industrial park on a 10-year agreement.

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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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