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Solar Projects Business Seeking Loan in Hyderabad, India

Solar EPC company with a pan-India project history seeks a loan for a new project.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 33.5 thousand
Run Rate Sales USD 540 thousand
EBITDA Margin 10 %
Industries Solar Projects
Locations  Hyderabad
Local Time 6:26 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 112 thousand for 10.0% annual interest, 2 years (Native Currency: INR 10,000,000)
Reason: We need a working capital loan for our solar power plant project in Tamil Nadu. The construction wor... View More
Collateral Available: USD 0
Includes physical assets worth USD 560
Business Overview
- EPC company that designs and constructs solar power projects throughout India.
- We work on both private and government projects, we outsource labor and construction work.
- Acquire work orders through tenders and references.
- We seek a working capital loan for a new project. Highlights of the project:
• Government project located in Tamil Nadu.
• Project cost is INR 5 crore.
• Construction has begun.
• Ground levelling work has been completed.
• No PPA as the project will be handed over to the government.
- We seek INR 60 lakh to INR 1 crore to carry out the project sans liquidity crunch.
- The owner has 10+ years of experience in solar EPC.
- Sales were extremely low last year due to frequent lockdowns. We have received work orders of about INR 10 crore this year.
Products & Services Overview
Solar power plant design and construction i. e EPC pan-India.
Assets Overview
The business owns assets like office furniture and computers.
Facilities Overview
We operate from a rented office in Hyderabad.
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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