Profitable Ship Repairing Company Seeking Loan in Mumbai, India
Ship management company, seeking funds for buying demolition vessels, to recycle and sell them.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 167 thousand |
| Run Rate Sales | USD 200 thousand |
| EBITDA Margin | 30 % |
| Industries | Ship Repairing |
| Locations | Mumbai |
| Local Time | 11:20 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
1.67 million
for
15.0%
annual interest,
1
year
(Native Currency: INR 150,000,000)
Reason: To buy out a demolition vessel from Indonesia and for project expenses.
Collateral Available: USD 0
Includes physical assets worth
USD
334 thousand
Documents
ROC-Verification.pdf
(59.6 KB)
Business Overview
- We are a reputed ship management firm based in Mumbai. We offer a multitude of services, ranging from crew management, ship maintenance and scrapping services.
- Demolition, scrapping and recycling services are a newly introduced vertical, and we have worked on 2 vessels till date.
- We bagged a new contract for demolition vessel which has be bought from Indonesia. We are currently in the inspection stage to evaluate the scrap worth of the vessel.
- Seeking funds to purchase the vessel from Indonesian owner for demolition and reselling it's scrap.
- Demolition, scrapping and recycling services are a newly introduced vertical, and we have worked on 2 vessels till date.
- We bagged a new contract for demolition vessel which has be bought from Indonesia. We are currently in the inspection stage to evaluate the scrap worth of the vessel.
- Seeking funds to purchase the vessel from Indonesian owner for demolition and reselling it's scrap.
Products & Services Overview
Crew management, Ship maintenance, inspection, demolition and scrapping.
Facilities Overview
1,100 Sq. Ft. rented facility.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysManager, IT, Event Management, Facility Management, Catering, Accommodation, Doha, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysPartner, Pune, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Stock Broking, Gurgaon, Corporate Investor / Buyer connected with the Business
Tags:
Profitable Ship Repairing Company Seeking Loan in Mumbai, India
·Lend to Profitable Ship Repairing Company in Mumbai, India
·Profitable Ship Repairing Company Seeking Loan in Bombay
·Lend to Profitable Ship Repairing Company in Bombay
·Profitable Ship Repairing Company Seeking Loan
·Lend to Profitable Ship Repairing Company
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
9 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 63,500+ other businesses of all sizes.
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.
You might also be interested in these businesses