Newly Established Agricultural Machinery Company Seeking Loan in Jalna, India
Invest in Maharashtra-based a non-operational agri-multipurpose tractor manufacturer with swift production initiation and high growth-potential.
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Agricultural Machinery |
| Locations | Jalna |
| Local Time | 1:16 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Seeking Loan
USD
710 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 60,000,000)
Reason: Need this funding to start our manufacturing unit and to market our product.
We will be able to cat...
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Collateral Available: USD 0
Includes physical assets worth
USD
118 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
ROC-Verification.pdf
(302.1 KB)
Business Overview
1. The company will be a manufacturer of agri-multipurpose tractors, with 4 variants available, including a basic variant priced at INR 2 lakh, targeting the agricultural machinery industry.
2. The agri-multipurpose tractor is designed to perform several functions including sowing seeds, spraying pesticides, cultivating, and harvesting, catering to the diverse needs of farmers.
3. The prototype of the agri-multipurpose tractor was unveiled by Nitin Gadkari, the Minister of Road Transport and Highways of India.
4. With 6 employees currently, the company is in the pre-operational phase and aims to commence manufacturing 6 months after securing funding, indicating a relatively swift timeline for production initiation. Plans to hire 200+ employees when starting the manufacturing unit.
5. The company has all the necessary designs ready for manufacturing, reflecting a preparedness to transition into the production phase once funding is secured and operational requirements are met.
6. The business is located in Jalna and is registered with the Ministry of Corporate Affairs (MCA), with plans to acquire the required licenses for operation upon commencement of activities, ensuring regulatory compliance.
2. The agri-multipurpose tractor is designed to perform several functions including sowing seeds, spraying pesticides, cultivating, and harvesting, catering to the diverse needs of farmers.
3. The prototype of the agri-multipurpose tractor was unveiled by Nitin Gadkari, the Minister of Road Transport and Highways of India.
4. With 6 employees currently, the company is in the pre-operational phase and aims to commence manufacturing 6 months after securing funding, indicating a relatively swift timeline for production initiation. Plans to hire 200+ employees when starting the manufacturing unit.
5. The company has all the necessary designs ready for manufacturing, reflecting a preparedness to transition into the production phase once funding is secured and operational requirements are met.
6. The business is located in Jalna and is registered with the Ministry of Corporate Affairs (MCA), with plans to acquire the required licenses for operation upon commencement of activities, ensuring regulatory compliance.
Products & Services Overview
We will manufacture an agri-multipurpose tractor that will be able to:- Sow seeds.
- Spray pesticide.
- Cultivate.
- Harvest.
We will be selling our product to distributors and they will sell them to farmers.
Assets Overview
Tangible asset: 10,000 sq ft warehouse worth INR 1 crore.Intangible asset: patent of the product design.
Facilities Overview
We own a 10,000 sq ft warehouse in which we will set up the manufacturing plant.Located in Jalna, Maharashtra on the Mumbai - Nagpur highway.
Capitalization Overview
The business has no loans and has 5 shareholders.
Recent Activity
-
Earlier than 15 daysManaging Partner, Thane, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Industrial Equipment Manufacturer, Thrissur, Individual Investor / Buyer connected with the Business
Tags:
Newly Established Agricultural Machinery Company Seeking Loan in Jalna, India
·Newly Established Agricultural Equipment Company Seeking Loan in Jalna, India
·Lend to Newly Established Agricultural Machinery Company in Jalna, India
·Lend to Newly Established Agricultural Equipment Company in Jalna, India
·Newly Established Agricultural Machinery Company Seeking Loan
·Newly Established Agricultural Equipment Company Seeking Loan
·Lend to Newly Established Agricultural Machinery Company
·Lend to Newly Established Agricultural Equipment Company
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