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Newly Established Hospital Seeking Loan in Bagalkot, India

Pre-revenue 50-bed hospital seeks funding for medical equipment/interiors, backed by an experienced hospital management promoter.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hospitals
Locations  Bagalkot
Local Time 6:07 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 210 thousand for 10.0% annual interest, 7 years (Native Currency: INR 20,000,000)
Reason: We are seeking funds to acquire equipment including X‑ray machines, ultrasonography units, CR machin... View More
Collateral Available: USD 0
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Business Overview
- Pre-operational 50-bed multispeciality hospital project with a rented facility, planned to provide healthcare services across gynaecology, orthopaedics, paediatrics, and general surgery.
- The promoter has invested approximately INR 1.7 crore towards its development.
- The promoter brings approximately 15 years of experience in hospital management, providing operational expertise for the proposed healthcare facility.
- Four doctors are ready to join the hospital, supporting plans to establish its initial medical team.
- The facility requires further investment in medical equipment, including X-ray machines, ultrasonography units, computed radiography (CR) machines, operating theatre tables, laboratory equipment, furniture, and interior fittings.
- The project is seeking funding to complete the required infrastructure and equipment setup before commencing hospital operations.
- Holds GST and Udyam registrations. The medical establishment licence is planned to be obtained after completion of the facility and applicable requirements.
- The premises may offer scope for pursuing National Accreditation Board for Hospitals and Healthcare Providers (NABH) accreditation at a later stage, subject to meeting the applicable standards.
Products & Services Overview
Planned multispecialty hospital services in gynaecology, orthopaedics, paediatrics, and general surgery for patients requiring specialist consultations, diagnostic services, and hospital-based treatment.
Assets Overview
Intangible assets include lease agreement for a facility with a 50‑bed capacity, a promoter with 15 years of hospital management experience, four doctors ready to be employed, and compliance registrations such as GST and Udyam.
Facilities Overview
The hospital will operate from a rented facility in Navanagar comprising four floors with a total area of 9,000 sq ft and a 50‑bed capacity. Monthly rent: INR 3 lakh.
Painting and finishing works are underway, with 60% completion achieved.
Capitalization Overview
The business is a sole proprietorship with no loans.
Recent Activity
  • 6 hours ago
    Co -Founder, Bengaluru, Financial Consultant connected with the Business
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1 Investor contacted this Business this week. Register below to connect now!
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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