Motorcycle Dealers Company Seeking Loan in Coimbatore, India
Electric 2W manufacturing company seeks loan to offer fixed returns to investors/lenders.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 1 - 2 million |
| Run Rate Sales | USD 1.37 million |
| EBITDA Margin | 10 - 20 % |
| Industries | Electrical Vehicles + 1 more |
| Locations | Coimbatore |
| Local Time | 5:05 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
340 thousand
for
18.0%
annual interest,
3
years
(Native Currency: INR 30,000,000)
Reason: Business development and expansion. To have working capital and inventory for 400 units per month. T...
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Collateral Available: USD 0
Includes physical assets worth
USD
340 thousand
Interested to connect with advisors
Documents
Investment Plan
(340.7 KB)
ROC-Verification.pdf
(65.8 KB)
Business Overview
Electrical vehicle manufacturing and trading company with two brands. One for the sale of multi-brand EVs for the B2C segment. While the other is for the production and sale of electric 2-wheelers for commercial purposes.
Highlights of our EVs:
- Strong model with regulatory approvals.
- Globally successful model vehicles.
- Huge potential for institutional and last-mile delivery.
- Monthly production capacity is 400 units.
We have grown 10X in terms of turnover in the last 3 years and won Radio City's favorite brand award.
Promoters have strong business acumen,
Global exposure with local expertise, and more than 15 years of automotive experience.
Apart from our team of 20 full-time employees, we have some part-time employees as well.
Highlights of our EVs:
- Strong model with regulatory approvals.
- Globally successful model vehicles.
- Huge potential for institutional and last-mile delivery.
- Monthly production capacity is 400 units.
We have grown 10X in terms of turnover in the last 3 years and won Radio City's favorite brand award.
Promoters have strong business acumen,
Global exposure with local expertise, and more than 15 years of automotive experience.
Apart from our team of 20 full-time employees, we have some part-time employees as well.
Products & Services Overview
Electric 2-wheelers for commercial purposes,Passenger segment electric 2-wheelers registration and non-registration model.
We sell multi-brand EVs to the B2C segments and this brings in about 70% of our revenue. While our own produced EVs bring in about 30% of the revenue.
Assets Overview
Tangible assets include:- Manufacturing setup worth INR 50-60 lakh.
- Inventory of 200+ vehicles worth INR 2 crore.
- Showroom setup, office setup, IT assets like computers, CCTV, and other infrastructure are worth almost INR 50 lakh.
Facilities Overview
Total of 10,000 sqft rented facility for showroom, service, spares, and manufacturing in Central Coimbatore. We plan to open two more locations in Coimbatore. Our headquarters are nearby Tidal Park, in Central Coimbatore.
Capitalization Overview
The company is currently funded by the promoters/shareholders and more details will be provided after the introduction is made.- 3 shareholders, majority 40:30:30.
- Bank loans, some term loans of INR 80 lakh - 1 crore.
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysCo-Founder, Loan And Insurance DSA, Coimbatore, Individual Investor / Buyer connected with the Business
Tags:
Electrical Vehicles Company Seeking Loan in Coimbatore, India
·Motorcycle Dealers Company Seeking Loan in Coimbatore, India
·Two Wheeler Dealer Company Seeking Loan in Coimbatore, India
·2 Wheeler Dealer Company Seeking Loan in Coimbatore, India
·Lend to Electrical Vehicles Company in Coimbatore, India
·Lend to Motorcycle Dealers Company in Coimbatore, India
·Lend to Two Wheeler Dealer Company in Coimbatore, India
·Lend to 2 Wheeler Dealer Company in Coimbatore, India
·Bike Shop Company Seeking Loan in Coimbatore, India
·Lend to Bike Shop Company in Coimbatore, India
·Electrical Vehicles Company Seeking Loan
·Motorcycle Dealers Company Seeking Loan
·Two Wheeler Dealer Company Seeking Loan
·2 Wheeler Dealer Company Seeking Loan
·Lend to Electrical Vehicles Company
·Lend to Motorcycle Dealers Company
·Lend to Two Wheeler Dealer Company
·Lend to 2 Wheeler Dealer Company
·Bike Shop Company Seeking Loan
·Lend to Bike Shop Company
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