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Scientific Equipment Company Seeking Loan in Chennai, India

Company is into manufacturing of Bio-tech laboratory equipment and research kits having 100+ clients.
This transaction has concluded.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 140 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 16 %
Industries Scientific Equipment
Locations  Chennai
Local Time 5:19 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 6 million for 18.0% annual interest, 5 years (Native Currency: INR 500,000,000)
Reason: Need funds for launching new products and introducing new plastic ware laboratory equipment.
Collateral Available: USD 9 million
Includes physical assets worth USD 180 thousand
Documents
Business Overview

- Company was established in 2011 and is into manufacturing of laboratory equipment and research kits.

- We have around 6-8 vendors from where we purchase the raw materials.

- Have introduced more than 200 products till date.

- We have more than 100 clients in life science industries, hospitals and para medicals.

- Promoters have more than 15 years of experience in this industry.

Products & Services Overview

Laboratory equipment & apparatus & Bio-Tech Research & Teaching Kits.

Facilities Overview

G+2, 7,000 Sq Ft of rented premises.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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