Personal Loans Business Investment Opportunity in Pune, India
Gold loan company, 95% recovery rate. run by a promoter with 10+ years industry experience.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 225 thousand |
| Run Rate Sales | USD 540 thousand |
| EBITDA Margin | 10 % |
| Industries | Personal Loans |
| Locations | Pune |
| Local Time | 7:26 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
470 thousand
for
30.0%
stake
(Native Currency: INR 42,000,000)
Reason: Highly cash and capital intensive business and since we have been growing rapidly we require funding...
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Includes physical assets worth
USD
280 thousand
Interested to connect with advisors
Business Overview
- We are a gold loan company that does loan disbursement of about INR 35 lakh per month.
- Provide loans for upto 70% of the value of the gold provided and have a total principle outstanding of INR 4 crore.
- We have friendly relationships with Pune branches of IIFL gold loan, Shriram Finances and Rupeek gold loan. We provide funds among each other and the company restructures some loans as well.
- Our business has been growing rapidly and we have given out more than double the loans this year compared to the last year.
- Company has high rate of recovery on loans given out which stands at 95% presently.
- Promoter has over 13 years of experience working in the field of lending and gold loans.
- Company's physical assets include office, land bought nearby and furnishings.
- Provide loans for upto 70% of the value of the gold provided and have a total principle outstanding of INR 4 crore.
- We have friendly relationships with Pune branches of IIFL gold loan, Shriram Finances and Rupeek gold loan. We provide funds among each other and the company restructures some loans as well.
- Our business has been growing rapidly and we have given out more than double the loans this year compared to the last year.
- Company has high rate of recovery on loans given out which stands at 95% presently.
- Promoter has over 13 years of experience working in the field of lending and gold loans.
- Company's physical assets include office, land bought nearby and furnishings.
Products & Services Overview
Providing gold loan at ROI from 1.2% to 2.25 %.
Facilities Overview
Owned place of 1,000 Sq. Ft. but we are currently using only 200 Sq. Ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Education, Bengaluru, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Education - Bakery, Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Financial Consultants, Pune, Individual Investor / Buyer connected with the Business
Tags:
Personal Loans Business Investment Opportunity in Pune, India
·Car Loan Business Investment Opportunity in Pune, India
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·Invest in Car Loan Business in Pune, India
·Car Loan Business Investment Opportunity
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·Invest in Personal Loans Business
·Invest in Car Loan Business
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