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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 360 thousand
Run Rate Sales USD 700 thousand
EBITDA Margin 30 %
Industries Plumbing Fittings + 1 more
Locations  Chhindwara
Local Time 2:22 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 600 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... View More
Collateral Available: USD 500 thousand
Includes physical assets worth USD 700 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
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.

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 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    CEO, Visakhapatnam, Financial Consultant connected with the Business
  • Earlier than 15 days
    Managing Director, Mumbai, Financial Consultant connected with the Business
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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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