Need help?

Solar Projects Company Seeking Loan in Proddatur, India

Solar rooftop installation business with growing project pipeline requiring funding for additional material procurement.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 110 thousand
Run Rate Sales USD 133 thousand
EBITDA Margin 10 %
Industries Solar Projects
Locations  Proddatur
Local Time 8:29 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 33 thousand for 10.0% annual interest, 2 years (Native Currency: INR 3,000,000)
Reason: The funds will be used to strengthen material procurement in preparation for upcoming solar projects... View More
Collateral Available: USD 0
Includes physical assets worth USD 5.5 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Solar rooftop installation company based in Proddatur, Andhra Pradesh, specializing in providing solar energy solutions for both commercial and residential properties.
-The company offers a range of rooftop solar systems tailored to meet the unique energy needs of businesses and homes throughout Andhra Pradesh.
- With a growing focus on renewable energy, the business taps into the increasing demand for sustainable energy solutions, making it an attractive investment opportunity.
- Currently, the company has successfully completed 50 solar projects, with 70 ongoing installations and an additional 170 projects in the pipeline, showcasing significant growth potential.
- The clientele includes both businesses seeking to reduce operational costs through solar energy and homeowners looking to lower electricity bills while adopting eco-friendly practices.
- Operates with a valid GST certificate.
- Supported by a robust marketing team, the company actively generates leads and converts them into orders, demonstrating its effectiveness in reaching potential customers.
- As a registered vendor for Andhra Pradesh, the business collaborates with local energy distributors to facilitate seamless installation and grid integration of solar solutions.
- The company generates revenue through the sale and installation of solar rooftop systems, offering clients attractive ROI through energy savings and potential government incentives.
Products & Services Overview
The company offers a range of rooftop solar systems tailored to meet the unique energy needs of businesses and homes throughout Andhra Pradesh.
Assets Overview
Tangible assets:
- Materials for upcoming solar projects.
Facilities Overview
The registered address is in Kadapa. The business operates from a personally owned property in Proddatur consisting of a 1,000 sq. ft. office area and 4,000 sq. ft. designated for inventory storage.
Capitalization Overview
- 2 shareholders.
- No loans or debts.
Recent Activity
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
1 Investor contacted this Business this week. Register below to connect now!
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 active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more