Profitable Auto Component Business Seeking Loan in Chennai, India
Auto components manufacturing business seek funds to procure higher end CNC machines to customer demands.
Premium Plan
| Established | 30-40 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 250 thousand |
| Run Rate Sales | USD 400 thousand |
| EBITDA Margin | 25 % |
| Industries | Auto Component |
| Locations | Chennai |
| Local Time | 5:06 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
106 thousand
for
24.0%
annual interest,
3
years
(Native Currency: INR 9,500,000)
Reason: To purchase more higher end CNC machines and increase production capacity.
Collateral Available: USD 28 thousand
Includes physical assets worth
USD
560 thousand
Interested to connect with advisors
Documents
Business Overview
- Auto components and hydraulic fittings manufacturing business located in Chennai.
- We manufacture parts like rivet, stud, spacer, hydraulic fitting, and supply to 3 OEM and various tier 1 supplier. Clients are from the automobile and electrical industry.
- Current production capacity is around 1 lakh components per month and we are utilizing nearly 80% of it.
- Investment returns will be 24 to 30 percent per annum.
- Looking for Short to Midterm investor.
- The business owns machinery, equipment, and inventory.
- We manufacture parts like rivet, stud, spacer, hydraulic fitting, and supply to 3 OEM and various tier 1 supplier. Clients are from the automobile and electrical industry.
- Current production capacity is around 1 lakh components per month and we are utilizing nearly 80% of it.
- Investment returns will be 24 to 30 percent per annum.
- Looking for Short to Midterm investor.
- The business owns machinery, equipment, and inventory.
Products & Services Overview
Manufacturer of auto components like ball pin rivet, stud, spacer, bush, pins, bolts, nuts, screws, hydraulic fitting, belt conveyor rollers, idlers for conveyor systems.
Assets Overview
Different assets in Chennai and kanchipuram in land.
Facilities Overview
Promoter owned 4,800 sq ft facility located on the ground floor.
Capitalization Overview
Own investment and closed all previous loans, now only one machinery loan of amount 30 lakhs 2 years completed. 2 more years want to repay.
Recent Activity
-
Earlier than 15 daysManaging Director, Engineering And Fabrication, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Steel Wires Manufacturer, Mumbai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysProprietor, Chennai, Financial Consultant connected with the Business
Tags:
Profitable Auto Component Business Seeking Loan in Chennai, India
·Lend to Profitable Auto Component Business in Chennai, India
·Profitable Auto Component Business Seeking Loan in Madras
·Lend to Profitable Auto Component Business in Madras
·Profitable Auto Component Business Seeking Loan
·Lend to Profitable Auto Component Business
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