Newly Established Ethanol Fuels Company Seeking Loan in Nashik, India

Manufacturer of fuel grade ethanol that participates in open global tenders.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales Nil
EBITDA Margin 15 %
Industries Ethanol Fuels
Locations  Nashik
Local Time 2:50 PM India
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 1.3 million for 10.0% annual interest, 5 years (Native Currency: INR 100,000,000)
Reason: Require raw material in order to produce more ethanol to take part in tenders.
Collateral Available: USD 0
Includes physical assets worth USD 1.2 million
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- We are manufacturers of fuel grade ethanol for government and corporate clients.

- This entity is a standalone subsidiary of our group company that has operated for 35 years and manufacturers heat exchanger.

- Our main raw material is sugar molasses from sugarcane. The ethanol produced is then mixed with petrol.

- We can produce around 35,000 liters of ethanol in a 24 hours time period.

- Most ethanol production plants including ours have been closed for the last 6-7 months due to lack of raw materials and the current global situation.

- Our product is sold mainly through global open tenders and there is more demand than supply for ethanol.

- 80% of the product is sold to government oil companies and 20% is sold to corporate companies.

- We plan to start selling a greater percentage to corporate companies in the future.

- Our main revenue will be generated from Dec to March when tenders open and we project revenues to be around INR 15 crore from that period alone.

- We have our own website/domain which is used for official email communication but the website is not live.

Products & Services Overview

Production of ethanol blended with petrol.

Assets Overview

Land, building, storage tanks, processing equipment and machines.

Facilities Overview
Recent Activity
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