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Brick Factory Seeking Loan in Cuttack, India

Startup to manufacture Autoclaved Aerated Concrete (AAC) blocks and supply it to nearby states.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Brick Factories
Locations  Cuttack
Local Time 5:58 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 600 thousand for 12.0% annual interest, 5 years (Native Currency: INR 50,000,000)
Reason: To set up the green field project and to purchase required equipment.
Collateral Available: USD 360 thousand
Includes physical assets worth USD 240 thousand
Interested to connect with advisors
Documents
Business Overview

- The company was incorporated in the month of April 2018.

- We'll be involved in the manufacturing of Autoclaved Aerated Concrete (AAC) blocks.

- AAC blocks are very new in the market, which will replace conventional bricks. It is light weight, thermal insulated, fire and humidity resistant.

- The land of 7 acre has been acquired and the plant will be setup within 6 months.

- We have an exclusive agreement with a Hyderabad based company to setup our plant.

- We'll supply these concrete blocks to nearby states including Odisha, West Bengal and Chhattisgarh.

- We have a strong association with TATA projects.

- Our business has a strong revenue projection for the starting 2 years.

- Directors of the company also have another company that manufactures blocks via its 3 manufacturing plants.

Products & Services Overview

AAC - Autoclaved Aerated Concrete Blocks.

Assets Overview

We own a land of 7 acres.

Facilities Overview

Acquired 7 acres land.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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