Need help?

Profitable Fabricated Metal Products Business Seeking Loan in Coimbatore, India

Company that provides mechanical engineering services with holistic solutions with 12 ongoing projects seeks loan.
This Business is on a Premium Plan
Established 50-60 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 700 - 800 thousand
Run Rate Sales USD 1 million
EBITDA Margin 30 - 40 %
Industries Fabricated Metal Products + 1 more
Locations  Coimbatore
Local Time 4:20 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 370 thousand for 20.0% annual interest, 3 years (Native Currency: INR 30,000,000)
Reason: Funds are required for business expansion/development. If the investor is willing to provide an inve... View More
Collateral Available: USD 0
Includes physical assets worth USD 1.2 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Pelton Wheel Runner
IREL
Kodayar
Company Profile
NSIC
GST Certificate
MSME
Business Overview

- This is an engineering company and we primarily work on hydropower station projects.

- We work on 5 big projects per year and some small projects.

- Each project takes 6-12 months.

- Currently, we are working on 12 projects.

- Since our inception, we have worked on 52 hydropower stations.

- We work on mechanical-related work for the power stations on a turnkey basis.

- Heavy fabrication is involved in our projects.

- Only undertake government projects for both state and central government.

- The maximum capacity of our largest project is 13,000 tonnes which takes 1-1.5 years to complete.

Products & Services Overview

We undertake custom-built jobs based on customer requirements hence We do not manufacture any specific product. Our predicts and services include -

- Manufacturing of cast and machined.

Components.

- Heavy structural fabrication.

- Complete manufacturing, erection, and commissioning of hydro-generating equipment and spares.

Assets Overview

Physical assets include-

- An administrative office building in our own premises with a land area of 15 cents owned by us.

- Workshop annexure unit with an area of 4 cents.

- Vacant land measuring 5.5 cents.

- Machinery.

Facilities Overview

We have an administrative office in Coimbatore and a working space in Trichy with an area of 2 acres. The facilities are owned by us.

Capitalization Overview

Our bankers are Karur Vysya Bank. We have availed an OD facility of INR 3 crore from our bankers. Other than OD we have private financiers who invest in our projects in one on one basis. Currently, we have INR 2.45 crore as the outstanding amount.

This is a sole proprietorship with one owner having a 100% stake in the company.

Recent Activity
  • 1 day, 3 hours ago
    CEO, Visakhapatnam, Financial Consultant connected with the Business
  • 6 days, 19 hours ago
    Managing Partner, Chennai, Financial Consultant connected with the Business
  • 1 week, 4 days ago
    RM- SME, SBI (State Bank of India), Visakhapatnam, Bank connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more