Need help?

Newly Established Telecommunication Construction Company Seeking Loan in Navi Mumbai, India

Navi-Mumbai based construction company specializing in electrical and telecom construction projects with major Indian giants.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Telecommunication Construction
Locations  Navi Mumbai
Local Time 2:59 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 47 thousand for 10.0% annual interest, 3 years (Native Currency: INR 4,000,000)
Reason: The owner is seeking a loan to be able to procure material for his projects. The owner has requeste... View More
Collateral Available: USD 0
Includes physical assets worth USD 1.18 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
1. The company was incorporated in March and specializes in electrical maintenance, telecom, and civil construction projects.
2. With a projected 20 projects per year, the company has already secured contracts with reputable clients such as L & T, Tata Power, and BPL.
3. Business commenced operations in February and has shown promising early traction in securing customer contracts.
4. The company is strategically located in Navi Mumbai, a burgeoning hub for building, construction, and maintenance activities, offering potential for further growth and expansion.
5. Currently operated by a small team of 2 employees, providing a lean operational structure with potential for scalability.
6. The company's focus on electrical maintenance aligns with the growing demand for such services in the region, positioning it for potential long-term success.
7. Business is in the process of receiving their GST certificate and will have it ready in 2 weeks.
Products & Services Overview
The company will exclusively concentrate on the telecommunications industry, with a small number of projects originating from the civil sector.
Assets Overview
The company at the moment is asset-light and only owns a few construction and maintenance tools worth INR 1 lakh.
Facilities Overview
The business operates from a self-owned office in Navi Mumbai. They have a small storage place to start the company.
The company was registered in Raigad and has now shifted its operations to Navi Mumbai for better access to clients.
Capitalization Overview
The business currently has 2 shareholders holding 80% and 20% respectively.
There are no loans, and the business is fully self-financed.
Recent Activity
  • Earlier than 15 days
    Executive Director, New Delhi, Financial Consultant connected with the 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. 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 already contacted 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