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Smart Grid Equipment Company Seeking Loan in Nashik, India

Company in Nashik plans to manufacture smart energy meters and also few IoT based products.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Smart Grid Equipment + 1 more
Locations  Nashik
Local Time 6:40 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.3 million for 10.0% annual interest, 5 years (Native Currency: INR 100,000,000)
Reason: To take up a place on lease to set up the manufacturing unit, procurement of machinery, raw material... View More
Collateral Available: USD 0
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Business Overview

- We are already running a manufacturing firm which produces control systems for power management for industrial machinery.

- Planning to start a new company to manufacture IoT based smart systems, which will be used to read and manage electrical energy levels in electrical power stations and transmission stations.

- Have received contract from Maharashtra State Electricity Transmission Company (MSETCL) to supply smart meters for their power stations.

- Have identified a 5 acre land to lease out and setup our manufacturing unit. This is located in an industrial area, which will help us in logistics and procurement.

Products & Services Overview

Smart meters for reading energy levels in Power and transmission stations.

Facilities Overview

Have identified a 5 acre property in an industrial area to take it on lease and setup the manufacturing unit.

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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