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Road Construction Company Seeking Loan in Muzaffarpur, India

Company executing government projects as the main contractor seeks a loan for execution of projects.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 800 - 900 thousand
Run Rate Sales USD 830 thousand
EBITDA Margin 5 %
Industries Road Construction
Locations  Muzaffarpur
Local Time 9:03 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 58 thousand for 15.0% annual interest, 1 year (Native Currency: INR 5,000,000)
Reason: We need funds for executing government projects. Currently, the company has INR 14 crores worth of w... View More
Collateral Available: USD 346 thousand
Includes physical assets worth USD 127 thousand
Interested to connect with advisors
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Business Overview
- We are a road construction company executing government projects as the main contractor.
- Have executed 14 government projects so far and have 9 ongoing projects in hand worth INR 21 crore.
- Project duration ranges from 6 months to 1 year based on the requirements.
- Some of the projects we executed were for East Central Railway Sonpur, EE Postal Civil Division Patna, BR Ambedkar Bihar University, BSEIDC Ltd, and EE BUIDCO Muzaffarpur.
- Have bid for tenders of additional projects and secured road projects (up to 60 km construction) worth INR 21 crore.
- Promoter has over 7 years of industry experience.
- Have licenses from Central Public Works dept from states like Himachal Pradesh, Madhya Pradesh and Bihar Public Works dept.
- We outsource/ subcontract some of our work based on project requirements.
Products & Services Overview
Road construction, building construction, bridge construction for state and central government.
Assets Overview
Business owned assets include construction machinery and equipment.
Facilities Overview
Rented office with 200 sq ft built-up area for INR 5,000 per month.
Capitalization Overview
The company has 2 owners with a 60-40% shareholding. Currently loans from Indian Bank and HDFC Bank and Family Friends.
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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