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Profitable Auto Component Business Seeking Loan in Chennai, India

Auto components manufacturing business seek funds to procure higher end CNC machines to customer demands.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 thousand
Run Rate Sales USD 150 thousand
EBITDA Margin 40 %
Industries Auto Component
Locations  Chennai
Local Time 12:41 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 120 thousand for 30.0% 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 30 thousand
Includes physical assets worth USD 250 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Company Profile
UAM
GST Certificate
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.

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.

Facilities Overview

Promoter owned 4,800 sq ft facility located on the ground floor.

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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