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Newly Established Petroleum Product Company Seeking Loan in Bengaluru, India

Importers of used engine oil to India for re-refining/recycling, promoting a sustainable circular economy.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 560 thousand
EBITDA Margin 10 %
Industries Petroleum Product + 1 more
Locations  Bengaluru
Local Time 2:31 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 350 thousand for 15.0% annual interest, 5 years (Native Currency: INR 30,000,000)
Reason: Scaling the business.
Collateral Available: USD 350 thousand
Includes physical assets worth USD 187 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- One of the leading exporters of semi-processed used hydrocarbon oils, importing over 50,000 MT annually from Canada, the USA, and the Caribbean Islands to India, promoting sustainability in the circular economy.
- Operates with a zero-capital expenditure model, generating monthly revenues exceeding $300,000 and sharing profits with financial partners to maintain a low-risk operational framework.
- Promotor is an accomplished entrepreneur with extensive experience in fuels, metals, automotive, and aerospace sectors, ensuring strong leadership in the market.
- Exclusive sourcing agreement with Matrix Ridge Inc. and partnerships with top recycling and waste management firms guarantee secure, end-to-end processing of used oil products.
- Committed to sustainability and compliance, recognized for innovative recycling practices, and holds certifications for hazardous waste management and environmental standards.
- Plans to expand into re-refining operations to convert imported used oils into high-value base oils, enhancing profitability and solidifying control over the recycling process.
- Shipping over 1.2 million liters of oil monthly and currently finalizing two consignments, demonstrating robust operational capacity.
- We operate with very few employees in the company as most of the work is taken care of by our partners.
- Fully compliant with regulatory requirements, holding both GST and IEC codes for import/export operations.
Products & Services Overview
- We sell used engine oil, transformer oil, and bunker oil. Additionally, we also sell slops, sludges, and fuel oils.
- Our major clients are fuel companies.
Assets Overview
Tangible assets:
- Inventory of used oils: Imported stock of used oils ready for distribution or re-refining, valued at INR 85 lakhs.
- Packaging material: Worth INR 75 lakhs.
Intangible assets:
- Client and supplier relationships: Strong partnerships with suppliers across North America and the Caribbean, as well as with clients and recycling facilities in India.
- Contracts and agreements: Long-term agreements, including contracts with re-refineries and waste management companies.
- Import/export licenses and certifications: Required licenses, such as the IEC code, and certifications for handling and recycling hazardous materials through partner facilities.
- Proprietary standard operating procedures (SOPs): Optimized SOPs for so.
Facilities Overview
Our business operates on a zero-capex model, meaning we do not own any physical storage facilities, warehouses, or office buildings. Instead, we fully outsource storage and logistics operations to third-party partners. This approach allows us to maintain flexibility and scalability without capital investments in infrastructure. Additionally, all our employees work remotely, which helps us minimize overhead costs and adapt easily to varying business demands.
Capitalization Overview
The business is currently self-funded by 2 equal partners with no external loans or outstanding debts.
Recent Activity
  • Earlier than 15 days
    CEO, Software, Mumbai, Individual Investor / Buyer connected with the Business
  • Earlier than 15 days
    Founder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Independent Advisor, Chennai, Financial Consultant connected with the Business
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8 Investors already contacted this Business. 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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