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 50 thousand |
| Run Rate Sales | USD 400 thousand |
| EBITDA Margin | 25 % |
| Industries | Solar Products |
| Locations | Sriperumbudur |
| Local Time | 7:41 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
222 thousand
for
15.0%
annual interest,
3
years
(Native Currency: INR 20,000,000)
Reason: To increase production of solar panels.
Collateral Available: USD 33 thousand
Includes physical assets worth
USD
333 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
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
10 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 63,000+ other businesses of all sizes.
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