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Newly Established Automotive Accessories Business Seeking Loan in Coimbatore, India

Coimbatore-based automotive spare parts manufacturer with ISO certifications, serving top industry clients, seeks funds.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 66 thousand
Run Rate Sales USD 66 thousand
EBITDA Margin 4 %
Industries Automotive Accessories
Locations  Coimbatore
Local Time 2:46 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 35 thousand for 10.0% annual interest, 2 years (Native Currency: INR 3,000,000)
Reason: Seeking funds to meet bulk orders and enhance capacity with an additional CNC machine. The loan can... View More
Collateral Available: USD 0
Includes physical assets worth USD 150 thousand
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Business Overview
- Established partnership firm in Coimbatore excelling in automotive spare parts manufacturing, catering to a high-demand niche market.
- Actively seeking strategic investments to scale operations, address bulk orders, and acquire an additional CNC machine, promising enhanced production efficiency.
- Generates consistent monthly sales of ₹4.75 lakh, reflecting strong market presence and financial stability with a 3-4% annual profit margin over the last 1 year.
- Key clientele includes industry leaders such as Akshaya Industries, Renner Automation, LGB, and CRI Pumps, backed by renewable supply contracts ranging from 1-2 years.
- Current manufacturing capacity ranges between 25,000 to 40,000 parts per month, showcasing robust operational capabilities and readiness for expansion.
- Successfully fulfilled 5-6 large-scale order contracts in the past year, indicating reliability and customer satisfaction in delivering quality automotive components.
- Accredited with ISO and IEC certifications, assuring stakeholders of high standards in manufacturing processes, product quality, and safety.
- Investors are poised to benefit from this firm's strategic location in Coimbatore, a burgeoning industrial hub, enhancing logistical efficiency and market access.
Products & Services Overview
High-quality CNC and VMC machined automotive spare parts, including shafts, motors, gears, bushes, and stainless steel spacers for safety valves. Catering to a niche market, the firm serves key industry players such as Akshaya Industries, Renner Automation, LGB, and CRI Pumps, providing precision-engineered components made from metal, stainless steel, and other durable materials. These clients rely on the company for consistent, reliable, and high-performance automotive parts, ensuring smooth operations and equipment longevity in sectors like industrial machinery, automotive, and pumps.
Assets Overview
High-precision 4+1 axis VMC brother machines worth INR 1 Cr and CNC machines worth INR 30 lakhs.
Facilities Overview
Operating from a rented facility of 1,800 sq ft, located in Idigarai, Coimbatore North. Rent is INR 18k/month.
Capitalization Overview
Outstanding loans totaling ₹84 lakh with fixed deposits worth ₹69 lakh in PNB.
There are 2 partners in the business.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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