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Road Construction Business Seeking Loan in Delhi, India

Earthmoving and structure work for government & private project seeks funding for road project.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 470 thousand
Run Rate Sales USD 470 thousand
EBITDA Margin 15 %
Industries Road Construction
Locations  Delhi
Local Time 10:54 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 354 thousand for 10.0% annual interest, 3 years (Native Currency: INR 30,000,000)
Reason: Seeking funds to buy 1 grader and 1 road rollers and five tippers.
Collateral Available: USD 0
Includes physical assets worth USD 236 thousand
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Business Name
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Documents
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MCA Certificate
Business Overview
- Firm provides earthmoving excavation and structure work services for government and private projects.
- Our services include road GSB work (Granular Sub Base), excavation, earth filling, cutting, dumping and levelling operations.
- Apart from government clients, we have 50+ private clients including 8 big clients such as HGIEL.
- Seeking funds for our current road project from NHAI worth INR 5 cr where we will do the land excavation and levelling work for 4 km. Have just started the initial work and need funds to buy a grader and 2 road rollers.
- Founder of the firm has 10+ years of industry experience.
- Business owned assets include 2 trucks, office, excavator, and heavy equipment.
Products & Services Overview
Road GSB work, earthmoving, excavation, earth filling, structure work and levelling work.
Assets Overview
Tipper, excavator, grader, compactor, water tanker, generator set.
Facilities Overview
Rented 2,100 sq ft office in Delhi.
Capitalization Overview
Not Disclosed
Recent Activity
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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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