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Offshore Gas Production Company Seeking Loan in Nashik, India

Our project in based on bio-CNG production from press mud as raw material.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Offshore Gas Production
Locations  Nashik
Local Time 6:30 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 1.8 million for 12.0% annual interest, 3 years (Native Currency: INR 150,000,000)
Reason: The business requires funds to purchase machinery and other setup costs.
Collateral Available: USD 250 thousand
Includes physical assets worth USD 120 thousand
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Business Overview

- Our company is a startup company in this field but promoters have 15 years of experience in this field.

- We will generate INR 6.5 cr revenue per annum by producing and selling CNG gas.

- We will produce 2,200 kg CNG per day and the selling cost will be INR 68 per kg in our area.

- Our byproducts are solid and liquid fertilizer. These byproducts will fulfill our running costs.

- We already started this project and want to commission in 4 months as we finalize all technical and civil constructional things like land and layout, etc.

- As per project requirement, we have 10 acres of land on lease at Nandurbar district, where we are the only player for CNG gas production and dispensing. Also, the availability of raw materials is nearby to our facility.

- We are in talks with MNGL directors to acquire the distributorship of the district as the supply of CNG in Nadurbar district thought pipeline won't be possible for at least the next 10 years.

- The business is not yet operational but we have obtained all the licenses and government permissions required. The setup is already under development.

- The promoters will provide some properties and cheques as collateral.

Products & Services Overview

- CNG gas.

- Organic solid fertilizers.

- Organic liquid fertilizers.

- CO2.

Assets Overview

- 2.5 acres of industrial land is owned by the business.

- Promoters own two 3,500 square feet bungalows and a pharmaceutical company that has a turnover of about INR 1cr.

Facilities Overview

We have 10 acres of land on lease for 17 years with the registrar agreement.

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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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