Renewable Energy Business Seeking Loan in Karnataka, India

Firm engaged in the injection molding of plastics and renewable energy generation.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 2.4 million
EBITDA Margin
18 %
Industries
Renewable Energy + 1 more
Locations
Local Time
11:27 PM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 5 million for 10.0% annual interest, 6 years (Native Currency: INR 400,000,000)
Reason: The funds can be used in one of 2 ways and we are yet to decide between the 2 based on the investors... View More
Collateral Available: USD 0
Includes physical assets worth USD 8.5 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- Engaged in the injection molding of plastics and renewable energy generation through wind and solar farms.

- The injection molding vertical constitutes around 50% of our revenue.

- Under this vertical, we manufacture plastic bottle caps, closures, and preforms.

- We supply these products to 27-28 clients and manufacture around 120MT of products each month.

- At present, 70% of our injection molding output are preforms but we are in the process of lowering our production volumes as the margins in preforms are relatively lower.

- We intend to lower total production to 75MT / month within the next 5 months.

- To adjust for lower outputs we also intend to decrease our team size to 35 employees within the next month.

- The remaining 50% of our revenue comes from power generation from wind farms and solar farms.

- We have 3 wind farms; one each in Andhra Pradesh, Gujarat, and Karnataka.

- The total power output of all 3 plants is 4.4 MW.

- The plant in Andhra Pradesh and Gujarat supply power to the state government under a power purchase agreement signed for 25 years.

- The wind farm and solar plant in Karnataka supply power to private industrial clients.

- The solar plant in Karnataka has a power output of 4.5 MW and was commissioned a few months back due to which our revenue for the current year has increased significantly.

- Physical assets owned by the business include land, power generation equipment, machinery, and inventory.

Products & Services Overview

Injection molding of plastic parts, power generation from wind and solar farms.

Facilities Overview
Recent Activity
  • 2 weeks, 1 day ago
    Business Consultant, Cape Town, Business Broker connected with this business
  • Earlier than 15 days
    CEO, Milan, Financial Consultant connected with this business
  • Earlier than 15 days
    Managing Partner, Dallas, Financial Consultant 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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