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Road Construction Company Seeking Loan in Lucknow, India

Construction company undertaking bridge projects pan India with 2-ongoing projects in North-India seek a loan.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 240 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 20 %
Industries Road Construction
Locations  Lucknow
Local Time 5:03 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 240 thousand for 20.0% annual interest, 4 years (Native Currency: INR 20,000,000)
Reason: The company has 3 projects of building bridges on national highways from the ministry of road, trans... View More
Collateral Available: USD 0
Includes physical assets worth USD 1.2 million
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Documents
Business Overview
The company's main promoter is having experience of more than 30 years in the construction industry.
Company started as a proprietorship firm and was incorporated roughly a decade ago.
Since then the company has undertaken various building and road projects.
We ventured into the bridge and highway sector a few years ago.
The company has completed 3 projects and 2 projects are still in progress.
We are mainly operating in the northern and western parts of India.
We get orders through government tenders.
Company is in need of funds for 3 additional projects.
Products & Services Overview
Bridge construction and designing.
Highway construction and designing.
Road construction.
Building construction.
Assets Overview
Construction equipment such as crawler cranes (2), lifting crane (hydra), excavators (JCB), power boats (2) and other large and small equipment and vehicles.
Facilities Overview
The registered office is based on the north side of the city and the space is owned by the promoter.
Capitalization Overview
The company is currently funded by the shareholders/directors and by the bank. The company has a secured debt of INR 4 crores from the Indian Bank.
The company has three directors.
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    CEO, Visakhapatnam, Financial Consultant connected with the 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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