Newly Established Rolling Mills Business Seeking Loan in Bangalore, India

Startup seeking funds to set up a copper sheet rolling mill in Bangalore.
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 10:45 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 130 thousand for 12.0% annual interest, 5 years (Native Currency: INR 10,000,000)
Reason: To purchase cutting edge machinery.
Collateral Available: USD 54 thousand
Interested to connect with advisors
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Business Name
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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.

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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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