Solar Products Startup Seeking Loan in Bhubaneswar, India

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

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 80 thousand
EBITDA Margin
25 %
Industries
Locations
Local Time
6:21 AM India
Listed By
Business Owner / Director
Status
Recently Active
Overall Rating
Seeking Loan
USD 200 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 26 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
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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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