Profitable Irrigation Company Seeking Loan in Chhindwara, India
Company manufacturing micro-irrigation equipment and PVC pipes seeks a loan to expand the business.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 350 thousand |
| Run Rate Sales | USD 700 thousand |
| EBITDA Margin | 30 % |
| Industries | Plumbing Fittings + 1 more |
| Locations | Chhindwara |
| Local Time | 9:37 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
590 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 50,000,000)
Reason: For the expansion of production capacity and to develop more products. Based on the current performa...
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Collateral Available: USD 470 thousand
Includes physical assets worth
USD
700 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(59.7 KB)
Business Overview
- Company in Madhya Pradesh has been manufacturing ISI certified agricultural equipment for more than 7 years.
- We manufacture PVC pipes, sprinkler systems and drip irrigation pipes under our own brand name.
- We sell products to the agriculture and horticulture department of Madhya Pradesh and Uttar Pradesh, also to dealers and distributors.
- Our facility can produce 300 pieces of PVCs, 400 sprinklers, and 3,000 meters of drip irrigation pipes per day. We are utilizing almost 100% of the capacity.
- Promoter has more than 10 years of experience in this industry.
- Business owns the land, factory, machinery, equipment, inventory.
- There are 6 shareholders in the business that all belong to the same family with one member having 45% shares while the others have the remaining shares in equal parts.
- The business is debt-free.
- Business had to reduce its production last year due to the pandemic which resulted in lower sales.
- We manufacture PVC pipes, sprinkler systems and drip irrigation pipes under our own brand name.
- We sell products to the agriculture and horticulture department of Madhya Pradesh and Uttar Pradesh, also to dealers and distributors.
- Our facility can produce 300 pieces of PVCs, 400 sprinklers, and 3,000 meters of drip irrigation pipes per day. We are utilizing almost 100% of the capacity.
- Promoter has more than 10 years of experience in this industry.
- Business owns the land, factory, machinery, equipment, inventory.
- There are 6 shareholders in the business that all belong to the same family with one member having 45% shares while the others have the remaining shares in equal parts.
- The business is debt-free.
- Business had to reduce its production last year due to the pandemic which resulted in lower sales.
Products & Services Overview
We manufacture and sell PVC pipes, sprinkler systems and drip irrigation pipes.
Assets Overview
Physical assets include 1.5 acres of land with a factory and office space and 4 machines that are 2-5 years old for manufacturing pipes.
Facilities Overview
Owned 1.5-acre land with 6,000 sq ft manufacturing and office space.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysCEO, Visakhapatnam, Financial Consultant connected with the Business
-
Earlier than 15 daysManaging Director, Mumbai, Financial Consultant connected with the Business
Tags:
Profitable Plumbing Fittings Company Seeking Loan in Chhindwara, India
·Lend to Profitable Plumbing Fittings Company in Chhindwara, India
·Profitable Irrigation Company Seeking Loan in Chhindwara, India
·Lend to Profitable Irrigation Company in Chhindwara, India
·Profitable Plumbing Fittings Company Seeking Loan
·Lend to Profitable Plumbing Fittings Company
·Profitable Irrigation Company Seeking Loan
·Lend to Profitable Irrigation Company
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