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Foundry Seeking Loan in Jamshedpur, India

Start-up that's received a logistics work-order from Rashmi Metaliks.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Foundries
Locations  Jamshedpur
Local Time 4:57 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 18 thousand for 12.0% annual interest, 2 years (Native Currency: INR 1,500,000)
Reason: To further expand the business.
Collateral Available: USD 1.8 thousand
Includes physical assets worth USD 1.8 thousand
Interested to connect with advisors
Documents
Business Overview

- We are involved in the logistics aspect of steel foundries. We are a start-up that will be initiating activities in the next week.

- We received a work order from Rashmi Metaliks Limited for one of their foundries. According to the agreement, we will be sharing a portion of the revenue with the company.

- Business is responsible to procure and operate the machinery at our client's site i. e. Rashmi Metaliks Limited. Raw materials will be provided by the client.

- The business has already hired and arranged the required equipment and machinery from 3 vendors.

- Promoter has over 10 years of experience in the mining industry.

Products & Services Overview

The business is involved in the logistics and operation of steel foundries.

Assets Overview

The registered office of the business is owned.

Facilities Overview

We have a registered office with an area of 300 square feet that is owned.

Capitalization Overview
Not Disclosed
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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