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Medical Supplies Company Seeking Loan in Meerut, India

Company with necessary regulatory approvals seeks funds to purchase machinery for its syringe manufacturing unit.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Medical Supplies
Locations  Meerut
Local Time 7:01 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 380 thousand for 10.0% annual interest, 10 years (Native Currency: INR 31,500,000)
Reason: Want funds to buy production machinery for our unit.
Collateral Available: USD 0
Includes physical assets worth USD 100 thousand
Interested to connect with advisors
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Business Name
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Business Overview

New start-up company established for the production of disposable syringes.

We have approvals from government institutions for the production and export of our products also.

The company only has the land and the unit still has to be established. We are seeking funds to purchase production machinery.

The business will make money by selling the products to private and government hospitals across India, and by exporting the products.

Products & Services Overview

Manufacturing of disposable syringes in components of 1ml, 2ml, 5ml, and 10ml.

Assets Overview

Tangible assets - 10,000 sq. ft. of land worth INR 85 lakh.

Intangible assets - All necessary certifications and licenses to start the production of syringes.

Facilities Overview

Have a small home-office in Meerut and owned land of about 10,000 sq. ft. We plan to build a 15,000 sq. ft. unit on this land. The unit will also have a 5,000 sq. ft. clean room as per WHO guidelines.

Capitalization Overview

No loans have been taken by the company till now. The 2 directors of the company are equal shareholders as well.

Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Promoter, Navi Mumbai, Financial Consultant connected with the 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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