Newly Established Machine Tools Company Seeking Loan in Vadodara, India

Company plans to manufacture industrial tools for automotive industry seeks investment to set-up the facility on own land.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
7:33 AM Ahmedabad
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 200 thousand for 12.0% annual interest, 2 years (Native Currency: INR 15,000,000)
Reason: To purchase machinery, construct the shed and start operations.
Collateral Available: USD 0
Includes physical assets worth USD 40 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Newly incorporated company located in Vadodara.

- We plan to manufacture industrial cutting tools such as solid carbide drill, step drills, PCD reamers, CBN grooving blades.

- We would manufacture 30 different types of tools.

- Our business will mainly cater to automotive sector.

- Some of the companies we are in talks with are Hero, Bajaj, Tata Motors, Mahindra & Mahindra.

- It would take around 5 months to start operations upon receiving investment.

- Our plant will have the capacity to do INR 90 lakh per month in sales with 20% profit.

- Physical assets include land.

Products & Services Overview

Solid carbide drill, step drills, PCD reamers, inserted drills, spot facing cutters, CBN grooving blade, threading tools and other special tools.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Founder & CEO, Chennai, M&A Advisor connected with this business
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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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