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Profitable Industrial Machinery Company Seeking Loan in Dhule, India

Business seeking a secured loan to fuel its export ambitions and improve business transparency.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 34.6 thousand
Run Rate Sales USD 42 thousand
EBITDA Margin 40 %
Industries Industrial Machinery
Locations  Mumbai + 1 more
Local Time 5:16 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 115 thousand for 20.0% annual interest, 1 year (Native Currency: INR 10,000,000)
Reason: We want to start exporting to Europe. - INR 1.78 Cr worth of a commercial N. A plot will be provide... View More
Collateral Available: USD 205 thousand
Includes physical assets worth USD 205 thousand
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Business Name
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Documents
Business Overview
- Business involved in the processing and wholesaling of bristles for high-end industrial brushes.
- Uniquely positioned by offering specific/special grades of bristles that eliminate static charge issues typically associated with other bristle alternatives, enhancing product demand.
- Leverages third-party processing while awaiting the operational startup of their new facility, showcasing strategic adaptation to market conditions.
- Currently waiting for transitioning to in-house processing capabilities that is being built in Dhule in the land bought by the company in the FY 23-24, expected to commence operations within the.
Next 3 -4 month, indicating growth and operational control.
- Business is primarily cash-based, with a significant portion of customers and suppliers lacking GST registration, indicating potential challenges in transaction transparency and accounting. This means our actual sales are higher than our reported sales.
- Seeking to expand into the export market to alleviate cash transaction constraints, aiming to capitalize on tax and customs rebates, which could enhance overall financial documentation and savings.
- Legally recognized with a certificate of incorporation, GST, PAN, TAN, Audited Financials for FY 22-23, FY 23-24.
Products & Services Overview
We supply bristles to companies that manufacture high-end industrial brushes.
They are used in industrial brushes the grade of bristles we supply do not create any static charge, unlike the other grades of bristles.
Assets Overview
Tangible assets include:
- Company-owned property of 1 acre (4000 Sq. Meters or 40,000 Sq. feet) situated at Dhule district (village Boris) worth INR 22,00,000 (INR 22 Lacs) purchased in the FY 23-24.
-Collateral will be a N. A Commercial Plot with plot area as follows.
1. As per 7/12 Extract is 4000 Sq. meters / 40,000 Sq. Feet.
2. AS per Measurement Sheet is 3966.90 Sq. Meter / 39,660 Sq. Feet.
3. After deducing area for internal road + DP + External Structure, the balance plottable area is 2762.31 Sq. Meters / 27,623 Sq. Feet and Open Space 400 Sq. Meter / 4000 Sq. Feet, so plottable area is 3162 Sq. Meter / 31623 Sq. Feet.
- Neigbourhood price per Sq. Feet is ~INR 650 to INR 800, So if calculated at INR 650 /Sq. Ft then value of commercial N. A Plot area of 2763 Sq. Meter or 27,623 Sq. Feet is ~ 1.78 Cr. (check document "N")
Facilities Overview
Our corporate headquarters and MCA registered address is in a family-owned but rented to the company for office-use in Mumbai, while our operations headquarters is in Dhule where we are building our own facility.
We have 1 acre (40,000 Sq. Feet) facility purchased by the company in FY 23-24 in Dhule district, Village Boris and 5,000 Sq. Feet is being constructed which will be our in-house processing facility and will cater to our foreign clients.
Capitalization Overview
- The business has two equal shareholders.
- No existing loans or debts in the name of the business.
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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