↩ Go Back
Need help?

Stock Broking Company Seeking Loan in Chennai, India

Commodity brokerage business with 1,700 clients, require funds to set up equity brokerage services.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 60 thousand
Run Rate Sales USD 65 thousand
EBITDA Margin 20 %
Industries Stock Broking
Locations  Chennai
Local Time 1:12 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 180 thousand for 15.0% annual interest, 5 years (Native Currency: INR 15,000,000)
Reason: Funds will be used to set up the equity brokerage services. 75% will be used as a deposit with NSE a... View More
Collateral Available: USD Not Available
Includes physical assets worth USD 2.4 thousand
Documents
Business Overview

- A brokerage business based in Chennai.

- We provide brokerage services for trading in the commodities market for - Gold, Silver and other metals.

- Now looking to provide brokerage services for the equity market.

- We are SEBI registered business.

- Currently have 1,700 clients.

- Revenue is generated through brokerage commissions payable by clients on each trade / transaction.

- Funds will be used to set up the equity brokerage services. 75% will be used as a deposit with NSE and 25% will be used for working capital.

- Business does not own any large physical assets.

Products & Services Overview

Brokerage services for trading in commodities market - Gold, Silver and other metals. Going to set up brokerage services for the equity market.

Facilities Overview

Have a rented office space in Chennai.

Capitalization Overview
Not Disclosed
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

105 Investors viewed this Business.
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