Scrap Metal Business Seeking Loan in Bagalur, India
Bagalur based firm engaged in the processing of scrap metal seeking growth capital.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 300 - 400 thousand |
| Run Rate Sales | USD 530 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Scrap Metal |
| Locations | Bagalur |
| Local Time | 4:35 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
56 thousand
for
10.0%
annual interest,
2
years
(Native Currency: INR 5,000,000)
Reason: The funds will be used to expand geographically into 15 states in India.
Collateral Available: USD 5.6 thousand
Includes physical assets worth
USD
56 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate 1st Page
(2.5 MB)
GST Certificate 2nd Page
(2.6 MB)
Business Overview
- Engaged in the processing of scrap metal for use in recycling.
- Process over 34MT of scrap metal annually.
- Clean, organize and resell the scrap metals to metal processing plants.
- Do not recycle the scrap metal ourselves.
- Have over 14 regular clients which include CPSUs and Namma Metro.
- Our suppliers and clients are synonymous as we clean the scrap supplied by them and sell it back to them.
- Led by a promoter with over 15 years of experience in the scrap industry.
- Process over 34MT of scrap metal annually.
- Clean, organize and resell the scrap metals to metal processing plants.
- Do not recycle the scrap metal ourselves.
- Have over 14 regular clients which include CPSUs and Namma Metro.
- Our suppliers and clients are synonymous as we clean the scrap supplied by them and sell it back to them.
- Led by a promoter with over 15 years of experience in the scrap industry.
Products & Services Overview
Copper, iron, and other metal scrap.
Assets Overview
Hydraulic punching machines, one 6 wheel truck, and two 14 wheel trucks.
Facilities Overview
Owned processing area of 18,000 sq. ft and an office complex for staff.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
-
Earlier than 15 daysManager, Industrial, Kolkata, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
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