↩ Go Back
Need help?

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 transaction has concluded.
This Business is on a Premium Plan
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
Overall Rating
Partial Stake Sale
USD 600 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 1.1 million
Interested to connect with advisors
Documents
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.

Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more