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Scrap Metal Business Seeking Loan in Maharashtra, India

Conversion of scrap metal into end products which are supplied to metal companies and defense.
This transaction has concluded.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 360 thousand
Run Rate Sales USD 360 thousand
EBITDA Margin 5 %
Industries Scrap Metal
Locations  Maharashtra
Local Time 7:19 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 120 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 100 thousand
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.

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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