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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.
This transaction has concluded.

Established 1-5 year(s)
Employees < 2
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Wires and Cables + 1 more
Locations  Delhi
Local Time 2:43 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.8 million for 9.0% annual interest, 15 years (Native Currency: INR 150,000,000)
Reason: Only towards working capital requirements.
Collateral Available: USD 2.4 million
Includes physical assets worth USD 2.4 million
Interested to connect with advisors
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

Factory will be built over a 65,000 Sq. Ft. area. Land is in the process of being transferred under the business.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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