↩ Go Back
Need help?

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 6:21 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.19 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
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
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.
Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor contacted this Business this month. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more