Metal Container Company Investment Opportunity in Chennai, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 100 - 200 thousand |
Run Rate Sales | USD 1.4 million |
EBITDA Margin | 10 - 20 % |
Industries | Steel + 1 more |
Locations | Chennai |
Local Time | 12:56 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- 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.
Steel strapping, packaging tools & accessories, contract packaging to steel mills, and PSU steel mills.
Machinery, steel strapping production line & steel seal production line.
Leased 26,000 sq ft factory in a private industrial park on a 10-year agreement.
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Earlier than 15 daysManaging Director, Engineering And Fabrication, Chennai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Commercial Vehicle Dealers, Faridabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Metals And Minerals Trading, Chennai, Corporate Investor / Buyer connected with the Business