Mid-market Petroleum Product Company Seeking Loan in Gurgaon, India
Diesel door delivery business seeks funding for high-consumption petrol pump acquisition and boost overall growth.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 2 - 3 million |
| Run Rate Sales | USD 11 million |
| EBITDA Margin | Nil |
| Industries | Petroleum Product + 1 more |
| Locations | Gurgaon |
| Local Time | 7:04 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
163 thousand
for
17.0%
annual interest,
5
years
(Native Currency: INR 15,000,000)
Reason: - Funding requirement: Seeking a strategic business investment to acquire a Company Owned–Dealer Ope...
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Collateral Available: USD 109 thousand
Includes physical assets worth
USD
109 thousand
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Business Overview
- The business specializes in on-demand diesel door delivery services, catering to both bulk and small quantity supply needs across India, primarily targeting industrial, commercial, fleet, and quick-commerce clients.
- Operates from Gurgaon with a dedicated team of 10 permanent employees, and hire temporary staff for logistics.
- Generates revenue through multiple streams, including diesel commissions, subscriptions, logistics and delivery services, mobile bowser rentals, and app-based payment aggregation. Serving 100+ of industrial, commercial, fleet, and quick-commerce clients pan India.
- The company's sales is primarily conducted through a user-friendly app, facilitating B2B transactions and enhancing customer experience for fuel logistics.
- Financially, the enterprise has reported approximately ₹100 crore in revenue for the current fiscal year, showcasing around 64% year-over-year growth, attributed to its robust diesel door delivery service and successful expansion into 12-13 states and quick commerce sales initiation.
- The operations are supported by strategic partnerships with oil companies, depots, and FASTag services, establishing a strong foundation in fuel logistics.
- The promoter of the business brings extensive expertise in fuel logistics and has received prestigious recognitions such as the Forbes India DGEMS and BW 40 Under 40 awards, underscoring the credibility and leadership of the enterprise.
- The business maintains industry standards through MCA registrations and compliance certifications from petroleum companies, ensuring a reliable and trustworthy operation in the petroleum product industry.
- Operates from Gurgaon with a dedicated team of 10 permanent employees, and hire temporary staff for logistics.
- Generates revenue through multiple streams, including diesel commissions, subscriptions, logistics and delivery services, mobile bowser rentals, and app-based payment aggregation. Serving 100+ of industrial, commercial, fleet, and quick-commerce clients pan India.
- The company's sales is primarily conducted through a user-friendly app, facilitating B2B transactions and enhancing customer experience for fuel logistics.
- Financially, the enterprise has reported approximately ₹100 crore in revenue for the current fiscal year, showcasing around 64% year-over-year growth, attributed to its robust diesel door delivery service and successful expansion into 12-13 states and quick commerce sales initiation.
- The operations are supported by strategic partnerships with oil companies, depots, and FASTag services, establishing a strong foundation in fuel logistics.
- The promoter of the business brings extensive expertise in fuel logistics and has received prestigious recognitions such as the Forbes India DGEMS and BW 40 Under 40 awards, underscoring the credibility and leadership of the enterprise.
- The business maintains industry standards through MCA registrations and compliance certifications from petroleum companies, ensuring a reliable and trustworthy operation in the petroleum product industry.
Products & Services Overview
- Diesel door delivery (HSD): Bulk and small-quantity diesel supplied to industries, construction sites, fleets, businesses, and agricultural users.- Who uses it: Manufacturing units, infrastructure companies, logistics fleets, retail and commercial setups, and rural/agricultural customers.
- How it works: Customers place orders through our app or quick commerce platforms, select the required quantity and delivery location, and receive scheduled or on-demand delivery.
Assets Overview
Physical assets:Fleet and equipment, including 10–12 owned diesel bowsers/mobile petrol pumps valued at ~ INR 70 lakh, 3 ad-hoc petrol pumps and office equipment valued at ~ INR 30 lakh.
The assets value is higher than the funding sought, but these are essential for business operations and cannot be liquidated.
Intangible assets:
Rental agreements for 30 delivery vans used for last-mile fuel delivery, operational processes, customer contracts and relationships, route planning systems, and brand value associated with last-mile fuel delivery services.
Facilities Overview
Facility Overview – Fuel Wings operates as a Diesel Door Delivery company with a distributed asset-light infrastructure model.Fleet & Equipment – Owns 10–12 diesel bowsers/mobile petrol pumps, operates 3 ad-hoc petrol pumps, and deploys 30 rented delivery vans for last-mile fuel delivery.
Office Infrastructure – Leased corporate office in Gurgaon, spread across ~3,000 sq. ft. , supporting operations, logistics coordination, and technology management.
Capitalization Overview
- Funding status: The business is bootstrapped, funded through internal accruals with no external equity dilution to date.- Debt / loans: No major long-term institutional debt; operations primarily supported through working capital efficiencies (if applicable, can be stated as minimal/operational).
- Shareholding structure – The company has 3 shareholders with ownership split of 55% / 35% / 10%.
Recent Activity
-
3 days, 3 hours agoIndependent Advisors, New Delhi, Financial Consultant connected with the Business
Tags:
Mid-market Petroleum Product Company Seeking Loan in Gurgaon, India
·Lend to Mid-market Petroleum Product Company in Gurgaon, India
·Mid-market Oil Product Company Seeking Loan in Gurgaon, India
·Lend to Mid-market Oil Product Company in Gurgaon, India
·Mid-market Mobile App Seeking Loan in Gurgaon, India
·Mid-market Phone App Seeking Loan in Gurgaon, India
·Mid-market Petroleum Product Company Seeking Loan
·Lend to Mid-market Mobile App in Gurgaon, India
·Lend to Mid-market Phone App in Gurgaon, India
·Lend to Mid-market Petroleum Product Company
·Mid-market Oil Product Company Seeking Loan
·Lend to Mid-market Oil Product Company
·Mid-market Mobile App Seeking Loan
·Mid-market Phone App Seeking Loan
·Lend to Mid-market Mobile App
·Lend to Mid-market Phone App
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