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Newly Established Electric Equipment Wholesale Business Seeking Loan in Chennai, India

Chennai-based electrical bulb manufacturer and distributor with a manufacturing capacity of 400 bulbs every month.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 9 thousand
EBITDA Margin 20 - 30 %
Industries Electric Equipment Wholesale + 1 more
Locations  Chennai
Local Time 10:16 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 20 thousand for 10.0% annual interest, 5 years (Native Currency: INR 1,500,000)
Reason: Funds will be used for operational activities and purchasing raw materials.
Collateral Available: USD 74 thousand
Includes physical assets worth USD 20 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
GST Certificate
Visiting Card
Business Overview

- We manufacture and sell our light bulbs, tube lights, and other electrical equipment.

- Our business manufactures night lamps, LED bulbs, and LED tube lights.

- The business has 13 distributors in Chennai city.

- Business has a manufacturing capacity of 400 light bulbs every month.

- Our firm has manufactured more than 5,000 bulbs and tube lights so far.

- The business has observed a growth of 24% in sales last year.

- The promoter has 2 years of experience in the electrical wholesale business.

- Our business has not taken any kind of business loan and does not have any outstanding balance so far.

Products & Services Overview

Led lights & bulbs manufacturing and selling.

Assets Overview

Building, manual punching & fitting machine, electronic screwdrivers, lumens testing machine, furniture, and lights.

Facilities Overview

We operate in a 200 sq ft workspace which is owned by the business owner.

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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