Newly Established Solar Projects Business Seeking Loan in Chennai, India

Solar power company based in Chennai, having completed 6 projects with 2 more in pipe-line.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 80 thousand
EBITDA Margin
20 - 30 %
Industries
Locations
Local Time
11:03 PM India
Listed By
Management Member
Status
Recently Active
Overall Rating
Seeking Loan
USD 66 thousand for 12.0% annual interest, 1 year (Native Currency: INR 5,000,000)
Reason: For working capital required to complete current projects in hand and to take on future projects.
Collateral Available: USD 0
Includes physical assets worth USD 1.3 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Company Profile
Achievements
Logo
Brochure
Business Overview

- A solar power company, based in Chennai.

- We do design, commissioning, installation and commissioning of solar panels and projects for B2B and B2C customers.

- The solar panels are purchased from a single manufacturer in Gujarat.

- Have completed 6 projects till date of 480 kw. We have 2 more projects in pipeline.

- Each project is completed within 3 months.

- During summer we expect to receive around 5 projects per month. During winter period the projects would be around 2 per month.

- We also have tie-ups with water treatment plant companies. If our customers require such services, we refer them to our partner companies.

- We would receive a commission for every successful referral. We are yet to refer any such client.

- Operations began last year, hence we did not generate much revenue during the previous years.

- We aim to complete projects of 100 GW in the next two years.

- Physical assets include office setup and inventory.

Products & Services Overview

- We provide - solar on grid systems – rooftop, utility and hybrid systems, off grid systems, solar street light, solar water pumps, solar water heater, solar dryer, bio-gas plant – domestic / industrial, energy auditing, power trading: PPAs & EPAs.

- Tie up with water treatment plant companies.

Facilities Overview
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more