Newly Established Aluminium Smelting Company Seeking Loan in Odisha, India

Funds required to start a plant that will produce aluminium sheets.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Aluminium Smelting + 1 more
Locations  Odisha
Local Time 5:33 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 200 thousand for 15.0% annual interest, 6 years (Native Currency: INR 15,000,000)
Reason: To purchase SS tube mill for production of SS tubes and pipes.
Collateral Available: USD 0
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Business Name
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Business Overview

- Plan to start a plant that will produce stainless steel pipes of various OD using SS strips from reputed manufacturers of India.

- Our plant will have the capacity to produce 2 tonnes of SS pipe daily.

- Expected cost to produce the SS pipe is 198/ kg and sales range is 205-225/kg.

- The plant can be set up and made fully operational within six months.

- Promoter has been working in power plants and aluminium companies for the last 20 years.

Products & Services Overview

Plan to start production of SS steel pipe of various grade and sizes.

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.

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