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Scientific Equipment Company Seeking Loan in Jharkhand, India

Company selling lab items to over 100 colleges and purchasing from 4 international manufacturers.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 50 - 60 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 20 - 30 %
Industries Scientific Equipment
Locations  Jharkhand
Local Time 9:26 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 8 thousand for 15.0% annual interest, 5 years (Native Currency: INR 700,000)
Reason: Need funds to introduce new products and working capital required to sustain growth of the business.
Collateral Available: USD 24 thousand
Includes physical assets worth USD 24 thousand
Name, Phone, Email
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Business Name
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Business Overview

- A business selling laboratory items, based in Jharkhand.

- We sell ITI tools, lab items, chemicals, industrial measuring tools and provide calibration training repair.

- The products are purchase from 4 laboratory item manufacturers based in USA, London and Czech Republic.

- We sell 4,000+ different products.

- A few of the parts are manufactured by us and we have a manufacturing unit in Jharkhand.

- The products are sold to colleges for educational purposes.

- Selling to over 100 such colleges in Bihar and Jharkhand.

- We have a strong sales and marketing team.

- Physical assets include office, inventory, machines and equipment.

Products & Services Overview

We sell ITI tools, lab items, chemicals, industrial measuring tools and provide calibration training repair.

Facilities Overview

Have a company owned 800 Sq. Ft. office and a rented 800 Sq. Ft. godown in Jharkhand.

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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