Newly Established Wires & Cables Business Seeking Loan in Delhi, India

Company plans to manufacture electrical cables & conductors and land to set up the factory is being acquired.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Wires and Cables + 1 more
Locations
Local Time
2:55 PM Delhi
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 2 million for 9.0% annual interest, 15 years (Native Currency: INR 150,000,000)
Reason: Only towards working capital requirements.
Collateral Available: USD 2.6 million
Includes physical assets worth USD 2.6 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Will be engaged in the manufacturing of railway electrification copper & aluminium conductors and cables, instrumentation cables & special cables.

- A plot of 2 acres and equipment required for manufacturing is currently being acquired.

- Business is expected to generate sales of INR 500 cr. each year with a projected EBITDA margin of 15%

- Business would employ around 25 full time employees.

- Promoters have over 35 years of experience in the cable manufacturing industry including multiple senior level and directorship positions and have an extensive professional network in the public and private sector.

- Factory will be completed and production is expected to begin in 12 months.

- Investor's funds will only be used to finance working capital.

Products & Services Overview

Railway Electrification, Copper & Aluminium Conductors and Cables, instrumentation cables, special cables.

Facilities Overview
Recent Activity
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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.
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