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Solar Products Company Seeking Loan in Bhubaneswar, India

Business manufacturing solar powered electric fences, having completed 10 projects with 2 more in pipeline.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 71 thousand
EBITDA Margin 25 %
Industries Surveillance Devices + 1 more
Locations  Bhubaneswar
Local Time 6:17 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 177 thousand for 14.0% annual interest, 3 years (Native Currency: INR 15,000,000)
Reason: To take on larger projects and to finish setting up the manufacturing unit.
Collateral Available: USD 0
Includes physical assets worth USD 23.6 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- A business manufacturing electric fencing systems, based in Bhubaneswar, Odisha.
- We design, manufacture, install and provide service work for these electric fences. The electric fences are solar powered.
- The fences are designed to keep wild animals and unwanted trespassers away from farm areas.
- We get the products manufactured from a third party manufacturer.
- Have completed 10 projects till date and have 2 more in pipeline.
- All our projects have been for pharma producer companies.
- Small projects that require fencing for an area of less than 2 km take less than 90 days to complete, while larger projects take between 120-150 days to complete.
- Have received inquiries from state Government of Odisha, Jharkhand and forest departments. These projects are very large (Rs. 40-50 Crore), and can't be fulfilled with our current capacity.
- We are looking to set up our own manufacturing unit in Bhubaneswar.
- Owner has 7 years of experience working with renewable energy companies.
- Physical assets include inventory and office setup.
Products & Services Overview
Design, manufacturing, installing and provide service work for solar powered electric fences.
Facilities Overview
Have a rented office space in Bhubaneswar.
Have leased a 25,000 Sq. Ft. land for 20 years, where we will be constructing a manufacturing unit.
Capitalization Overview
Not Disclosed
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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