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Pipes & Valves Company Seeking Loan in Keonjhar, India

Running stainless steel pipe factory required fund for capacity expansion.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 360 thousand
EBITDA Margin 10 - 20 %
Industries Pipes & Valves
Locations  Keonjhar
Local Time 11:54 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 40 thousand for 12.0% annual interest, 3 years (Native Currency: INR 3,500,000)
Reason: For capacity expansion of the company.
Collateral Available: USD 0
Includes physical assets worth USD 160 thousand
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Business Overview

- Presently the company has 9 clients in the Keonjhar district only,

- The company is managing to sell around 45 tons of ERW pipes per month.

- We are planning to increase our production capacity to 100 tons per month, growth rate is very high as ss is the most demanded metal in the fabrication industry.

Products & Services Overview

Producing stainless steel pipes of all grade and sizes, and thickness, pipe size from1/2 inch to 2.5 inch, thickness 0.8 mm to 2 mm. Grade ss 202, ss 304, SS 316L.

Assets Overview

Owned converted commercial land at the mining hub of Odisha.

Facilities Overview

Promoter has owned property of 8,800 sq ft, with the commercial land conversion. Government valuation after conversion of the property is about INR 34 lakh.

Capitalization Overview

Business got a term loan and promoter contribution up to INR 2.5 Cr including TL & CC. The promoter contribution is INR 1.5 Cr and bank loan is INR 1 Cr including a working capital loan of INR 20 lakhs.

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