Scrap Metal Business Seeking Loan in Maharashtra, India

Conversion of scrap metal into end products which are supplied to metal companies and defense.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 400 thousand
Run Rate Sales USD 400 thousand
EBITDA Margin 5 %
Industries Scrap Metal
Locations  Maharashtra
Local Time 8:36 AM India
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 140 thousand for 10.0% annual interest, 1 year (Native Currency: INR 10,000,000)
Reason: Looking for funds in order to complete government tenders and take on more projects.
Collateral Available: USD 0
Includes physical assets worth USD 110 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview

- We procure non ferrous scrap metal from different government and corporate auctions.

- This scrap metal is converted to end products through the use of local manufacturers to whom we pay a conversion fee.

- The end product is then sold to various metal companies and to the defense sector.

- Some of our clients include Nagpur Pyrolusite, SS Metal and Alloys, Minex Metallurgical and Vizag Steel Plant.

- Most of our business is in Maharashtra but we also conduct activities in other parts of India.

- Company has recently received a tender from the Government worth INR 50 Lakh.

- Promoter has been working in this industry for over 10 years.

- Company's physical assets include owned land and office.

Products & Services Overview

Non ferrous metal scrap, non ferrous alloy, supply of end products to various companies.

Facilities Overview

Owned industrial land of 10,000 Sq Ft with an office.

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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