Profitable Ship Repairing Company Seeking Loan in Mumbai, India

Ship management company, seeking funds for buying demolition vessels, to recycle and sell them.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 240 thousand
EBITDA Margin 30 %
Industries Ship Repairing
Locations  Mumbai
Local Time 5:14 AM Mumbai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2 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 400 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
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.

Products & Services Overview

Crew management, Ship maintenance, inspection, demolition and scrapping.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Financial Advisory, Mumbai, Financial Consultant connected with this business
  • Earlier than 15 days
    Owner, Mumbai, Financial Advisor connected with this business
  • Earlier than 15 days
    Founder & CEO, Chennai, M&A Advisor connected with this 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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