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Newly Established Road Construction Company Seeking Loan in Amritsar, India

Infrastructure construction company seeking loan for machinery to boost project delivery.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 270 thousand
EBITDA Margin Nil
Industries Road Construction
Locations  Amritsar
Local Time 10:47 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 170 thousand for 14.0% annual interest, 10 years (Native Currency: INR 15,000,000)
Reason: The owner is seeking a loan to purchase machinery needed for upcoming projects. Since we have just ... View More
Collateral Available: USD 0
Includes physical assets worth USD 170 thousand
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Business Overview
- Based in Amritsar, this company taps into burgeoning infrastructure opportunities within the Road Construction, Building, and Maintenance industry.
- Engaged in high-profile infrastructure development projects, including a 10 km border fencing initiative valued at INR 4.5 crores.
- Serves both government entities, such as NHAI, B&R PWD, CPWD, and private sector giants like EVRASCON-MKCIL (JV) and DMR Builders Pvt Ltd, indicating a robust network within the construction ecosystem.
- Currently managing a significant bridge construction project in Village Kangniwal, Jalandhar, with an investment of INR 9 crores, showcasing expertise in major civil engineering works.
- With a dedicated team of 11 employees, the company projects a revenue of INR 10 Crores this fiscal year, highlighting operational efficiency and financial stability.
- Actively overseeing two concurrent projects, including a sublet appointment for the Jalandhar bridge, evidencing the company's project management and execution capabilities.
- Positioned as a reliable partner in infrastructure projects, contributing to regional development by collaborating on both governmental and private infrastructure projects.
- Our reported sales for the last year are unavailable as we began operations only a few months ago.
Products & Services Overview
Our best-selling service includes road construction provided for our government and private clients.
Assets Overview
Tangible asset: Land valued at INR 1.5 crore.
Intangible assets: Incorporation documents, Articles of Association (AOA), MCA registration, and GST registration.
Facilities Overview
We have an office located in Amritsar, Punjab, situated in a private property owned by one of the directors. However, the workspace we use is rented, and we pay a monthly rent of Rs. 6,000 for a 360 sq. ft. area.
Capitalization Overview
The company has three directors with an ownership distribution of 48%, 48%, and 4%. It is self-funded with no external loans.
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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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