Profitable Foundry Seeking Loan in Pune, India
Company manufacturing atomized iron metal powder with domestic and international clients seeks funds.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 132 thousand |
| EBITDA Margin | 25 % |
| Industries | Foundries |
| Locations | Pune |
| Local Time | 5:15 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
27.6 thousand
for
20.0%
annual interest,
3
years
(Native Currency: INR 2,500,000)
Reason: We have an established setup and need funds for working capital requirement.
Collateral Available: USD 27.6 thousand
Includes physical assets worth
USD
440 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(73.8 KB)
Business Overview
- We are a startup company producing iron powder.
- Company was incorporated two years ago but could not start operations due to the pandemic. We have been operational since last 4-5 months.
- Production capacity is around 200 tons per month.
- Clients are from automobile and engineering sector and we have some MNC clients in pipeline.
- Company is owned by two directors in equal partnership.
- Promoter has 12 years of experience in this field.
- We have taken a bank loan of INR 2 crore, outstanding balance is around INR 1.5 crore and there are no defaults.
- Costs are optimized as we own the production facility, we have launched operations recently and are seeking a loan of small amount for cash flow.
- Company was incorporated two years ago but could not start operations due to the pandemic. We have been operational since last 4-5 months.
- Production capacity is around 200 tons per month.
- Clients are from automobile and engineering sector and we have some MNC clients in pipeline.
- Company is owned by two directors in equal partnership.
- Promoter has 12 years of experience in this field.
- We have taken a bank loan of INR 2 crore, outstanding balance is around INR 1.5 crore and there are no defaults.
- Costs are optimized as we own the production facility, we have launched operations recently and are seeking a loan of small amount for cash flow.
Products & Services Overview
We manufacture atomized iron powder and atomized reduced iron powder.
Assets Overview
Physical assets include land, building and equipment.
Facilities Overview
We have an owned production facility of 2 acres.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysOwner, Consulting, Pune, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysAssistant General Manager, Motor Vehicle Manufacturer, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Pune, M&A Advisor connected with the Business
Tags:
Profitable Metal Foundry Seeking Loan in Pune, India
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·Profitable Steel Mill Seeking Loan in Pune, India
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·Lend to Profitable Steel Mill in Pune, India
·Lend to Profitable Foundry in Pune, India
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·Profitable Iron Foundry Seeking Loan
·Profitable Steel Mill Seeking Loan
·Lend to Profitable Metal Foundry
·Profitable Foundry Seeking Loan
·Lend to Profitable Iron Foundry
·Lend to Profitable Steel Mill
·Lend to Profitable Foundry
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