Newly Established Brick Factory Seeking Loan in Cuttack, India

Startup to manufacture Autoclaved Aerated Concrete (AAC) blocks and supply it to nearby states.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
4:56 AM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 700 thousand for 12.0% annual interest, 5.0 years (Native Currency: INR 50,000,000)
Reason: To set up the green field project and to purchase required equipment.
Collateral Available: USD 420 thousand
Includes physical assets worth USD 280 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
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.

Facilities Overview
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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