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Newly Established Rolling Mills Business Seeking Loan in Bangalore, India

Startup seeking funds to set up a copper sheet rolling mill in Bangalore.
This transaction has concluded.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees < 2
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Rolling Mills
Locations  Bangalore
Local Time 12:22 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 120 thousand for 12.0% annual interest, 5 years (Native Currency: INR 10,000,000)
Reason: To purchase cutting edge machinery.
Collateral Available: USD 50 thousand
Interested to connect with advisors
Business Overview

Startup planning to set up a copper rolling mill on a 10,000 to 15,000 sq ft of land. The land will be taken on a long term lease and we are in the process to identify the land. We plan to set up the factory with a monthly production capacity of 50 MT. Firm will be registered after raising funds. We expect a consistent and progressive growth in business and profit for our new venture.

Founders are currently managing a rolling mill and have deep business acumen and hold over 20 years of operational experience with a reputable name within the industry.

After manufacturing, we plan to sell the copper sheets through existing dealers and distributors. We have well established tie-ups with all the potential clients.

Products & Services Overview

- Hot and cold rolled copper sheets.

Assets Overview

Do not own any assets at the moment.

Facilities Overview

Factory will be set up on a land of 10,000 to 15,000 sq ft. The land will be on lease.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Consultant, Chennai, Financial Consultant connected with the Business
  • Earlier than 15 days
    CEO, IoT, Bangalore, Individual Investor / Buyer connected with the Business
  • Earlier than 15 days
    CEO, Delhi, Financial Consultant connected with the Business
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This transaction has concluded. View similar business opportunities on SMERGERS
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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