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Pipes & Valves Company Seeking Loan in Odisha, India

Fund required to start ss pipe manufacturing and pvc pipe manufacturing,
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Pipes & Valves
Locations  Odisha
Local Time 5:56 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 250 thousand for 12.0% annual interest, 3 years (Native Currency: INR 20,000,000)
Reason: To purchase machines for the integrated pipe manufacturing unit.
Collateral Available: USD 40 thousand
Includes physical assets worth USD 40 thousand
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Business Name
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Documents
Business Overview

- Plan to start a plant that will produce stainless steel pipes of various OD using SS strips from reputed manufacturers of India.

- Our plant will have the capacity to produce 2 tonnes of SS pipe daily. and 100kg/hr pvc pipe daily.

- Expected cost to produce the SS pipe is 198/ kg and sales range is 205-225/kg. and pvc is 80/ kg production cost and selling is 87-90 / kg.

- The plant can be set up and made fully operational within six months.

- Promoter has been working in power plants and aluminium companies for the last 20 years.

Products & Services Overview

Plan to start production of SS steel pipe of various grade and sizes, and pvc pipe of agriculture and commercial grade. It will be a integrated pipe manufacturing unit, first of its kind in odisha.

Assets Overview

Owned converted commercial land at the mining hub of Odisha.

Facilities Overview

Promoter has owned property of 8,800 sq ft, with the commercial land conversion. Government valuation after conversion of the property is about INR 34 lakh.

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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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