Profitable Solar Products Business Seeking Loan in Bangalore, India
Manufacturer of solar DC pumps for agriculture market seeks funds to execute growing order book.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 500 thousand |
| Run Rate Sales | USD 560 thousand |
| EBITDA Margin | 35 % |
| Industries | Pumps + 1 more |
| Locations | Bangalore |
| Local Time | 2:54 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Seeking Loan
USD
120 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 10,000,000)
Reason: To scale up production for the new orders coming in.
Collateral Available: USD 0
Includes physical assets worth
USD
60 thousand
Documents
GST registration
(160.8 KB)
Business Overview
- We are sourcing and design solution provider for electronic products having 100 clients.
- Our major clients are L&T, Johanson Technology, Honeywell.
- We have license to sell products all over India.
- Physical asset includes machinery, test equipment, furniture and warehouse materials.
- We have a capacity to produce 300 to 400 qty of our products per month.
- Sales have increased due to more customers compared to the last year and we have spent more time and effort for certification and R&D.
- Current client requirement is more than 10,000 products. Hence, seeking funds to scale up the production.
Products & Services Overview
Solar DC submersible pumps, solar DC mono block pumps, solar DC sync panel, BLDC motors, BLDC drives.
Facilities Overview
Rented 3,000 Sq ft area.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Equipments & Machinery, Indore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Pipes & Valves, Durban, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysIndependent Advisor, Chennai, Financial Consultant connected with the Business
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