Scrap Metal Business Seeking Loan in Mumbai, India
Mumbai-based scrap metal supplier seeking loan to launch and scale operations.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Scrap Metal |
| Locations | Mumbai |
| Local Time | 6:05 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
530 thousand
for
10.0%
annual interest,
3
years
(Native Currency: INR 50,000,000)
Reason: Seeking funding to launch operations in the market.
Loan repayment will begin 10 months after recei...
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Collateral Available: USD 105 thousand
Includes physical assets worth
USD
105 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Udyam Registration Certificate
(719.7 KB)
Business Overview
- The business will source and supply high-quality copper, steel, and aluminium scrap for industrial buyers.
- Operates from Mumbai, Maharashtra, targeting copper melting companies and other scrap buyers.
- The revenue we will be generated by selling copper, steel, and aluminium scrap to scrap buyers.
- Maintains LOIs (Letters of Intent) and work orders for 60–70 tons of copper scrap, demonstrating early traction.
- Founded as a general partnership with two self-funded partners; no prior loans.
- Operates with a small core team of 3 employees, leveraging strong supplier and buyer relationship.
- Operations will commence once the loan is secured; currently, the business is in a pre-revenue stage.
- Operates from Mumbai, Maharashtra, targeting copper melting companies and other scrap buyers.
- The revenue we will be generated by selling copper, steel, and aluminium scrap to scrap buyers.
- Maintains LOIs (Letters of Intent) and work orders for 60–70 tons of copper scrap, demonstrating early traction.
- Founded as a general partnership with two self-funded partners; no prior loans.
- Operates with a small core team of 3 employees, leveraging strong supplier and buyer relationship.
- Operations will commence once the loan is secured; currently, the business is in a pre-revenue stage.
Products & Services Overview
Copper, steel, and aluminium scrap will be supplied to industrial scrap buyers and copper melting companies.
Assets Overview
Intangible assets comprise the PAN card and MSME registration certificate, while tangible assets include a land plot valued at INR 1 crore.
Facilities Overview
Seeking rental warehouse space near JNPT port to scale operations once financing is secured.
Capitalization Overview
The business is currently self-funded by the two partners, with no external loans.
Recent Activity
-
Earlier than 15 daysDirector, Real Estate, Mumbai, Individual Investor / Buyer connected with the Business
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