Newly Established Petrochemicals Company Seeking Loan in Salem, India
Petrochemical oil distributor in Tamil Nadu serving cement, paint, and lamp oil manufacturing industries efficiently.
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 1.37 million |
| Run Rate Sales | USD 1.37 million |
| EBITDA Margin | 20 % |
| Industries | Petrochemicals |
| Locations | Salem |
| Local Time | 2:15 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
170 thousand
for
10.0%
annual interest,
1
year
(Native Currency: INR 15,000,000)
Reason: Seeking immediate funds to pay an upfront feet to establish a new factory in salem.
The owners beli...
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Collateral Available: USD 0
Includes physical assets worth
USD
114 thousand
Name, Phone, Email
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Business Name
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Business Overview
- Based in Salem, this business operates in the petrochemicals sector, supplying various oils to micro-scale industries across Tamil Nadu.
- Core products include petrochemical oils used in cement plants, paint factories, and lamp oil production.
- The company maintains a consistent monthly procurement of 300,000 liters of petrochemical oils from Gujarat. Since the business is involved only in trading, it does not need a high employee count.
- Prominent clients include well-known names such as Malabar, Ramco, and Shankar Cements, reflecting industry trust. The business only deals in high ticket transactions to maintain higher sales and profit figures.
- The business functions with a lean team of one, focusing on direct distribution and efficient operations.
- Holds GST certification, ensuring regulatory compliance and enhancing business reliability.
- Core products include petrochemical oils used in cement plants, paint factories, and lamp oil production.
- The company maintains a consistent monthly procurement of 300,000 liters of petrochemical oils from Gujarat. Since the business is involved only in trading, it does not need a high employee count.
- Prominent clients include well-known names such as Malabar, Ramco, and Shankar Cements, reflecting industry trust. The business only deals in high ticket transactions to maintain higher sales and profit figures.
- The business functions with a lean team of one, focusing on direct distribution and efficient operations.
- Holds GST certification, ensuring regulatory compliance and enhancing business reliability.
Products & Services Overview
- Petrochemical oils for cement factories, lamp oil units, and paint manufacturers.- Clients include regional industrial players such as Malabar, Ramco, Shankar Cements, and other micro-industrial units.
Assets Overview
The tangible assets owned by the business include:- 150 square feet land worth almost INR 70 lakhs.
- Office infrastructure.
Facilities Overview
The business operates from a 150 square feet self-owned office in Salem.
Capitalization Overview
The busines is owned by 4 partners.The business does not have any debts.
Recent Activity
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