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 137 thousand |
| EBITDA Margin | 25 % |
| Industries | Foundries |
| Locations | Pune |
| Local Time | 5:37 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
28.6 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 28.6 thousand
Includes physical assets worth
USD
460 thousand
Interested to connect with advisors
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 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
-
Earlier than 15 daysManaging Director, Consumable Products Supplier, Mumbai, Individual Investor / Buyer connected with the Business
Tags:
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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
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