Onshore Gas Production Company Seeking Loan in Muzaffarpur, India
Business loan to set-up a project for production and supply of CNG gas to IOCL.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 23 thousand |
| Run Rate Sales | USD 21 thousand |
| EBITDA Margin | 15 % |
| Industries | Onshore Gas Production |
| Locations | Muzaffarpur |
| Local Time | 7:03 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
580 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 50,000,000)
Reason: To set up a CNG gas production and supply facility for IOCL under the SATAT scheme by the Government...
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Collateral Available: USD 0
Includes physical assets worth
USD
346 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Start-up India recognized company specializing in civil electrical transmission and distribution services, now expanding into CNG production.
- Proposed bio CNG manufacturing plant with a production capacity of 3 tons a day, targeting supply to IOCL under the government's SATAT scheme.
- Established partnership with Indian Oil for marketing, ensuring a robust distribution network for the CNG supply.
- Actively participating in railway project bids, demonstrating capability and experience in large-scale infrastructure initiatives.
- Project initiation timeline: operations expected to commence within the next 18 months.
- The business is fully GST compliant and registered with the Ministry of Corporate Affairs (MCA), ensuring regulatory adherence.
- Seeking investment through project funding, equity finance, and debt finance to support the establishment of the CNG manufacturing facility.
- Proposed bio CNG manufacturing plant with a production capacity of 3 tons a day, targeting supply to IOCL under the government's SATAT scheme.
- Established partnership with Indian Oil for marketing, ensuring a robust distribution network for the CNG supply.
- Actively participating in railway project bids, demonstrating capability and experience in large-scale infrastructure initiatives.
- Project initiation timeline: operations expected to commence within the next 18 months.
- The business is fully GST compliant and registered with the Ministry of Corporate Affairs (MCA), ensuring regulatory adherence.
- Seeking investment through project funding, equity finance, and debt finance to support the establishment of the CNG manufacturing facility.
Products & Services Overview
We are a Start-up India recognized company specializing in all types of civil electrical transmission and distribution work within the service industry.
Assets Overview
The business owns a 2 acres land worth INR 3 crore.The CNG plant will be set-up on this land.
Facilities Overview
The business has a office set-up in Muzaffarpur, Bihar; and operates on rented basis.The business has acquired a land of 2 acres in Bihar where the CNG plant will be set-up.
Capitalization Overview
There are 3 shareholders in the business.The shareholders are holding 80%, 10%, and 10% shares.
The business does not have any loans.
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