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Residential Real Estate Construction Company Seeking Loan in Coimbatore, India

Residential real estate construction, fit out and interior design firm seeks funds for expansion.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 250 thousand
Run Rate Sales USD 170 thousand
EBITDA Margin 35 %
Industries Residential Real Estate Construction
Locations  Coimbatore
Local Time 8:56 PM Asia / Qatar
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 6 million for 10.0% annual interest, 5 years (Native Currency: INR 500,000,000)
Reason: To acquire land & machinery for new projects.
Collateral Available: USD 0
Documents
Business Overview

- We are a family run business that has been operational for 6 years before incorporation into a private limited firm last year.

- Business is operated and managed by one of the promoters from Coimbatore.

- Over the last 6 years the firm has worked on more than 10 to 15 projects.

- We only work on residential projects and usually the projects are for G+1 floor or G+2 floor villas.

- The project value is usually between INR 30-40 lakhs to INR 80 lakh -1 crore.

- We take up projects mainly in the regions of West and South Tamil Nadu.

- Presently we rent out construction machinery and equipment when required.

- The revenue of the current year is less than last year since some projects were temporarily stopped during the pandemic.

Products & Services Overview

Construction, structural engineering, interior designing & drafting, contracting, fit-out & joinery, loose furniture, facility maintenance.

Assets Overview

Company rents out all its assets including furniture and machinery.

Facilities Overview

Rented 2,000 Sq Ft office office space which is close to Coimbatore international airport, Coimbatore railway junction & bus terminus.

Capitalization Overview
Not Disclosed
Recent Activity
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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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