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Newly Established Commercial Real Estate Construction Company Seeking Loan in Bhubaneswar, India

Residential and commercial construction firm with 3 ongoing projects worth ₹2 crore.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 253 thousand
EBITDA Margin 0 - 10 %
Industries Residential Real Estate Construction + 1 more
Locations  Bhubaneswar
Local Time 8:44 PM Asia / Kolkata
Listed By Management Member
Status Recently Active
Overall Rating
Seeking Loan
USD 10.5 thousand for 10.0% annual interest, 1 year (Native Currency: INR 1,000,000)
Reason: The company is seeking a ₹10 lakh loan to support day-to-day operations and business growth, includi... View More
Collateral Available: USD 0
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Business Overview
- The company commenced operations three months ago and undertakes residential and commercial building construction from foundation to finishing.
- Currently executing three construction projects with a combined estimated value of approximately ₹2 crore, expected to be completed within one year.
- The promoter has over 15 years of experience in the construction industry.
- Projects are executed directly by the company, with two permanent employees and approximately 30 contract workers engaged for construction activities.
- The company holds business registration, GST registration, MSME registration, and PAN documentation, supporting its legal identity, tax compliance, and business registration status.
Products & Services Overview
The company provides end-to-end residential and commercial building construction services, covering all stages from foundation to finishing. Its services cater to individuals and businesses seeking construction solutions. Currently, the company is executing three residential construction projects.
Assets Overview
The business has recently commenced operations and currently holds tangible assets of negligible value.
Facilities Overview
The business operates from a rented 2BHK apartment used as an office, with a monthly rent of ₹10,000.
Capitalization Overview
The business has two shareholders, each holding 50% ownership, with no outstanding loans or debts.
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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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