Profitable Automotive Systems Company Seeking Loan in Chennai, India
Start-up business offering third-party automotive inspection services seeks funds to start manufacturing auto parts.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 33 thousand |
| Run Rate Sales | USD 66 thousand |
| EBITDA Margin | 25 % |
| Industries | Automotive Systems |
| Locations | Chennai |
| Local Time | 3:54 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
55 thousand
for
18.0%
annual interest,
3
years
(Native Currency: INR 5,000,000)
Reason: Working capital.
To purchase new machines and equipment to set-up a new factory for existing orders...
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Collateral Available: USD 27.5 thousand
Includes physical assets worth
USD
22 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(73.9 KB)
Business Overview
- Business offering automotive TPI, inspection and quality control services in Chennai.
- We have 4 major clients who are from the automotive sector.
- Planning to start and expand manufacturing of auto parts.
- We will manufacture for domestic and international clients.
- We are looking for a corporate advisor cum investor.
- Company has orders in hand to manufacture automotive wheel accessories for 2 OEMs.
- Have contact with OEMs for one year and they are renewable.
- Majority of the current revenue is generated from quality control and inspection services.
- We have 4 major clients who are from the automotive sector.
- Planning to start and expand manufacturing of auto parts.
- We will manufacture for domestic and international clients.
- We are looking for a corporate advisor cum investor.
- Company has orders in hand to manufacture automotive wheel accessories for 2 OEMs.
- Have contact with OEMs for one year and they are renewable.
- Majority of the current revenue is generated from quality control and inspection services.
Products & Services Overview
Automotive inspection services.Quality control.
Manufacturing.
Warehouse management.
Auto ancillary parts.
Non-automotive parts.
Assets Overview
Computers, printers, furniture, chairs, tables, inventory and raw materials, some machinery and equipment.
Facilities Overview
Have a rented factory of 3,000 sq ft in Chennai. Have 2 rented offices in Chennai.
Capitalization Overview
Company has two shareholders from the same family (father and son)Business does not have any loan or liability so far.
Recent Activity
-
Earlier than 15 daysEngineer, Oil And Gas, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysPartner, Engineering, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysProgram Manager, Renewable Energy, Chennai, Individual Investor / Buyer connected with the Business
Tags:
Profitable Automotive Systems Company Seeking Loan in Chennai, India
·Lend to Profitable Automotive Systems Company in Chennai, India
·Profitable Automotive Systems Company Seeking Loan in Madras
·Lend to Profitable Automotive Systems Company in Madras
·Profitable Automotive Systems Company Seeking Loan
·Lend to Profitable Automotive Systems Company
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