Profitable Scrap Metal Company Seeking Loan in Rangareddy Guda, India
Iron scrap HMS 1 & 2 grades trading business seeks funding for a new consignment.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 2.35 million |
| Run Rate Sales | USD 2.57 million |
| EBITDA Margin | 20 % |
| Industries | Scrap Metal |
| Locations | Rangareddy Guda |
| Local Time | 6:43 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
1.6 million
for
12.0%
annual interest,
3
years
(Native Currency: INR 150,000,000)
Reason: We have a new INR 400 crore consignment. We need funds for the same.
Collateral Available: USD 900 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- The business specializes in the trading of HMS 1 & 2 grade iron scraps, a vital resource for metal recycling and manufacturing industries.
- Company is strategically positioned to serve both local and national markets.
- Employing 20 skilled workers, the team is dedicated to efficiently managing the procurement and sale processes related to iron scrap. We hire contract staff as per the requirement.
- The primary source of scrap is the Indian Railways, allowing the business to acquire high-quality HMS iron scraps through bids.
- Customers include recycling plants and various industries that require iron scraps for their production processes, ensuring a robust market demand.
- The company operates on a revenue model centered around purchasing railway iron scrap at competitive prices and reselling it to industrial clients at a marked-up rate.
- We do not need any storage units as the Indian Railways provide 6 month storage facility.
- Currently, the business is seeking funding for a new consignment worth INR 400 crore, which will enable expansion and enhance its market presence in the scrap metal industry.
- Business is MCA registered and has GST.
- Company is strategically positioned to serve both local and national markets.
- Employing 20 skilled workers, the team is dedicated to efficiently managing the procurement and sale processes related to iron scrap. We hire contract staff as per the requirement.
- The primary source of scrap is the Indian Railways, allowing the business to acquire high-quality HMS iron scraps through bids.
- Customers include recycling plants and various industries that require iron scraps for their production processes, ensuring a robust market demand.
- The company operates on a revenue model centered around purchasing railway iron scrap at competitive prices and reselling it to industrial clients at a marked-up rate.
- We do not need any storage units as the Indian Railways provide 6 month storage facility.
- Currently, the business is seeking funding for a new consignment worth INR 400 crore, which will enable expansion and enhance its market presence in the scrap metal industry.
- Business is MCA registered and has GST.
Products & Services Overview
We specialize in trading HMS 1 & 2 grade iron scraps. We buy from the Indian Railways and sell to the recycling plants and industries.
Assets Overview
Business doesnt have any significant physical assets.
Facilities Overview
We have our own offices in K. V. Rangareddy, Hyderabad and Vizag.
Capitalization Overview
Business has 4 directors and has no liabilities.
Recent Activity
-
1 day, 3 hours agoDirector, Manufacturing And Healthcare, Hyderabad, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Chennai, M&A Advisor connected with the Business
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Earlier than 15 daysManaging Partner And Head M&A, Hyderabad, Financial Consultant connected with the Business
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