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Personal Loans Business Investment Opportunity in Pune, India

Gold loan company, 95% recovery rate. run by a promoter with 10+ years industry experience.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 240 thousand
Run Rate Sales USD 600 thousand
EBITDA Margin 10 %
Industries Personal Loans
Locations  Pune
Local Time 9:23 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 500 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... View More
Includes physical assets worth USD 300 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.

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
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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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