Solar Products Company Seeking Loan in Sriperumbudur, India
High-efficiency solar panel manufacturer from Chennai seeks loan to increase production capacity.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 51 thousand |
| Run Rate Sales | USD 410 thousand |
| EBITDA Margin | 25 % |
| Industries | Solar Products |
| Locations | Sriperumbudur |
| Local Time | 9:44 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
227 thousand
for
15.0%
annual interest,
3
years
(Native Currency: INR 20,000,000)
Reason: To increase production of solar panels.
Collateral Available: USD 34 thousand
Includes physical assets worth
USD
340 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(66.3 KB)
Business Overview
- We have established relationships with panel distributors in Tamil Nadu, Kerala, and Andhra Pradesh.
- We are planning to start manufacturing on a 2-shift basis.
- We have B2B and OEM clients with 1 local and 1 international client.
- Our production capacity is 100 megawatts.
- We got all our machinery installed during the last year-end and start full-fledged operations only recently which is why our sales have grown.
- We have more employees but they are on a contractual basis.
- We are planning to start manufacturing on a 2-shift basis.
- We have B2B and OEM clients with 1 local and 1 international client.
- Our production capacity is 100 megawatts.
- We got all our machinery installed during the last year-end and start full-fledged operations only recently which is why our sales have grown.
- We have more employees but they are on a contractual basis.
Products & Services Overview
Solar Panels 530-550Wp.Solar Panels 400-450 Wp.
Assets Overview
Tangible asset:Machinery, equipment, interiors, and compressors.
Facilities Overview
We have a 15,000 sq ft manufacturing facility in Sriperumbudur, Chennai.
Capitalization Overview
There is no debt.The business is completely self-funded with 2 directors with an equal stake.
Recent Activity
-
Earlier than 15 daysPartner, Chennai, Accounting Firm connected with the Business
-
Earlier than 15 daysProprietor, Construction, Sriperumbudur, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Electrical And Solar Services, Tiruvallur, Individual Investor / Buyer connected with the Business
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