Newly Established Battery Store Seeking Loan in Gwalior, India
Seeking funding to manufacture lithium batteries and expand sales through both online and offline channels.
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 14 thousand |
| EBITDA Margin | 15 % |
| Industries | Battery Stores |
| Locations | Gwalior |
| Local Time | 11:51 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Seeking Loan
USD
29 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 2,500,000)
Reason: We are seeking funding to start a lithium-ion battery manufacturing unit and acquire machinery to st...
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Collateral Available: USD 0
Includes physical assets worth
USD
29 thousand
Interested to connect with advisors
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Business Name
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Documents
Incorporation Certificate
(71.0 KB)
Business Overview
- Located in Gwalior, the business operates within the growing battery industry, focusing on lithium batteries.
- The business is a retail store that sells lithium batteries, solar inverters and panels and generates revenue by selling these products.
- Currently employs a skilled team of 10, led by a promoter with 5 years of industry experience.
- We currently have 10 employees, as we are a new business, and are in the process of expanding.
- Offers a diverse product range, including lithium batteries, solar inverters, and panels, capturing the renewable energy market.
- Recently secured an authorized dealership for a popular e-bike brand, enhancing product offerings and market reach.
- Receives 15 to 20 customer walk-ins weekly, showcasing strong local demand and potential for growth.
- Registered with the Ministry of Corporate Affairs (MCA), ensuring compliance and credibility in operations.
- Plans to commence loan repayment one month after funding approval.
- The business is a retail store that sells lithium batteries, solar inverters and panels and generates revenue by selling these products.
- Currently employs a skilled team of 10, led by a promoter with 5 years of industry experience.
- We currently have 10 employees, as we are a new business, and are in the process of expanding.
- Offers a diverse product range, including lithium batteries, solar inverters, and panels, capturing the renewable energy market.
- Recently secured an authorized dealership for a popular e-bike brand, enhancing product offerings and market reach.
- Receives 15 to 20 customer walk-ins weekly, showcasing strong local demand and potential for growth.
- Registered with the Ministry of Corporate Affairs (MCA), ensuring compliance and credibility in operations.
- Plans to commence loan repayment one month after funding approval.
Products & Services Overview
The business's top-selling products.- Lithium battery.
- Solar inverters and panels.
We sell these products through our shop and also on e-commerce websites.
Also, recently we became an authorized dealership for a popular e-bike brand.
Assets Overview
Tangible assets: stock and the showroom setup.Intangible asset: The promoter owns 5 Bigha of land for starting the battery manufacturing unit which is owned.
Facilities Overview
Operates out of a 1,000 sq ft rented showroom cum office.Owns a 5 Bigha land to start the manufacturing unit.
Capitalization Overview
No loans.Has 2 directors with equal shares.
Recent Activity
-
Earlier than 15 daysChartered Accountant, Indore, Financial Consultant connected with the Business
Tags:
Newly Established Inverter Dealer Seeking Loan in Gwalior, India
·Newly Established Battery Store Seeking Loan in Gwalior, India
·Newly Established UPS Dealer Seeking Loan in Gwalior, India
·Lend to Newly Established Inverter Dealer in Gwalior, India
·Lend to Newly Established Battery Store in Gwalior, India
·Lend to Newly Established UPS Dealer in Gwalior, India
·Newly Established Inverter Dealer Seeking Loan
·Newly Established Battery Store Seeking Loan
·Newly Established UPS Dealer Seeking Loan
·Lend to Newly Established Inverter Dealer
·Lend to Newly Established Battery Store
·Lend to Newly Established UPS Dealer
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