Newly Established Scrap Metal Company Investment Opportunity in Bangalore, India
Established | 0-1 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 71 thousand |
Run Rate Sales | USD 356 thousand |
EBITDA Margin | 0 - 10 % |
Industries | Scrap Metal |
Locations | Bangalore |
Local Time | 6:12 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- The company deals in a wide range of scrap materials including solar modules, aluminium, copper, industrial waste, mild steel, stainless steel, IT waste, and precious metal such as gold and silver.
- Currently serves several notable corporate clients including ITC, Renewsys, Emmvee, Larsen & Toubro, and BHEL.
Scrap materials are sourced from these corporates and traded to recycling companies.
- The company is planning to expand to recycling for solar panels.
- Despite being established just four months ago, the company has demonstrated remarkable growth, crossing a business turnover of INR 1 crore. This is the reason for the high growth in turnover as compared to last year.
- The company aims to achieve a projected turnover of INR 25 crore by the next year.
- In addition to the 5 permanent employees, there are additional contract labour workers.
- Solar modules.
- Aluminium.
- Copper.
- Industrial waste.
- Mild steel.
- Stainless steel.
- IT waste.
- Precious metal (gold, silver etc. , )
Scrap materials are sourced from these corporates and traded to recycling companies.
We are looking for investment to scale which is been a barrier to us to scale and take the deals.
Currently working as per the capital we get but there are 'n' number of deals present where we could actually make more profits.
For this, we would require co-founders and raise capital so that there would be no stop under our business.
The business has 2 directors/shareholders.
-
Earlier than 15 daysDirector, Petrochemical Products Traders, Arima, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Calibration Solutions, Indore, Corporate Investor / Buyer connected with the Business