Newly Established Scrap Metal Company Seeking Loan in Raipur, India
Direct MS scrap supplier to steel factories in Raipur seeks expansionary funding.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 420 thousand |
| EBITDA Margin | 2 % |
| Industries | Scrap Metal |
| Locations | Raipur |
| Local Time | 9:07 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
117 thousand
for
10.0%
annual interest,
10
years
(Native Currency: INR 10,000,000)
Reason: We are seeking an unsecured loan of INR 1 crore to support the growing working capital needs of our ...
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Collateral Available: USD 0
Includes physical assets worth
USD
580
Name, Phone, Email
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Business Name
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User Verification
Documents
GST Certificate
(154.0 KB)
Incorporation Certificate
(71.0 KB)
Business Overview
- Fast-growing scrap trading company based in Raipur, established very recently.
- We currently cater to 3+ repeat factory clients.
The business works on a high-volume, short-cycle model (7–10 day payment period).
- Revenue is generated on a per-invoice margin basis ranging from INR 10–12 lakh per order. High value orders but the margins are thin.
- Promoter has 5+ years of experience in the steel and scrap ecosystem, with established supplier relationships and factory connections.
- The company maintains a low-risk model with no warehousing or storage overhead, all transactions are direct dispatch to factory.
- No special licenses or approvals apart from GST and an incorporation certificate are required for this business.
- We currently cater to 3+ repeat factory clients.
The business works on a high-volume, short-cycle model (7–10 day payment period).
- Revenue is generated on a per-invoice margin basis ranging from INR 10–12 lakh per order. High value orders but the margins are thin.
- Promoter has 5+ years of experience in the steel and scrap ecosystem, with established supplier relationships and factory connections.
- The company maintains a low-risk model with no warehousing or storage overhead, all transactions are direct dispatch to factory.
- No special licenses or approvals apart from GST and an incorporation certificate are required for this business.
Products & Services Overview
We deal in MS (Mild Steel) scrap, primarily supplying to steel manufacturing factories in and around Raipur.Our top-selling product is factory-grade processed MS scrap that is directly used as a raw material in induction furnaces and rolling mills.
The scrap is delivered directly to buyers’ factory gates, saving them handling time and cost.
Assets Overview
Due to an asset-light model, the business does not own any tangible assets apart from basic office equipment.
Facilities Overview
- The business operates from a rented office space in Raipur with a small operational team.- No warehousing or storage facility is required, as material is sourced just-in-time and delivered directly to the client factory.
- The business model is asset-light, with minimal fixed overheads.
Capitalization Overview
- The business is currently self-funded by the promoter. - There are no external debts or bank loans as of now.- Ownership is 100% held by the single director (OPC company)
- We are now seeking external working capital support to fulfill growing order volumes and meet fast-moving cash cycle demands.
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