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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 600 thousand
EBITDA Margin 10 - 20 %
Industries Scrap Metal
Locations  Bagalur
Local Time 3:52 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 60 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 6 thousand
Includes physical assets worth USD 60 thousand
Interested to connect with advisors
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Business Name
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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.

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
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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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