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Precision Components Company Seeking Loan in Nelamangala, India

Manufacturer of cold forged auto and non-auto components, supplying 12 OEMs, seeks funding for orders.

Established 5-10 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 3.44 million
Run Rate Sales USD 3.4 million
EBITDA Margin 10 - 20 %
Industries Precision Components
Locations  Nelamangala
Local Time 11:22 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 350 thousand for 15.0% annual interest, 5 years (Native Currency: INR 30,000,000)
Reason: We are seeking funding for business development to meet growing demand. With purchase orders in hand... View More
Collateral Available: USD 0
Includes physical assets worth USD 1.75 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Leading manufacturer of precision cold forged automotive and non-automotive components, strategically located in Dabaspete for optimal distribution.
- Specializes in high-quality automotive components including gear parts, starter clutches, and bearing cups, servicing Original Equipment Manufacturers (OEMs).
- Caters to a diverse base of 10 active customers from a total of 15, showcasing a strong and expanding customer network in the precision component manufacturing sector.
- Production capacity reaches up to 400,000 parts per month at full operational capacity, meeting high demand with efficiency and reliability.
- Despite a slight reduction in sales due to limited OPEX, the company is actively seeking external funding to bolster financial resources and sustain growth momentum.
- Employs a skilled workforce of 75, underscoring a commitment to quality precision manufacturing and customer fulfillment.
- Distinguished by holding essential industry certifications such as GST, IATF, and ISO, ensuring adherence to global quality and operational standards.
- Opportunities for investors include engaging with a reputed player in the precision components industry that is poised for further expansion with adequate capital infusion.
Products & Services Overview
We specialise in manufacturing automotive components such as gear parts, flanges, starter clutch and bearing cups.
Application - 2 wheelers, 3 wheelers and heavy vehicles.
Products sold to OEMs.
Assets Overview
Physical assets include machinery, tools and equipment. Machinery includes hydraulic presses, CNCs, VMCs, sawing machines, drilling, broaching, lathe, CMM, etc. (Valued at INR 15 crore).
These assets are crucial for our operations and cannot be liquidated.
Facilities Overview
Operates from a rented factory spanning 35,000 sq. ft. across two separate buildings. The company's facilities are located in Dobbaspet, Bengaluru.
Capitalization Overview
OD facility of INR 6 crore.
Bank loan of INR 1 crore.
Has 2 directors.
Recent Activity
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2 Investors contacted this Business this week. Register below to connect now!
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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