Solar Projects Company Seeking Loan in Bhubaneswar, India
Solar EPC company with 100+ active clients, completed 1,000+ projects, installed 2,000+ KW solar panels.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 720 thousand |
| Run Rate Sales | USD 470 thousand |
| EBITDA Margin | 4 % |
| Industries | Engineering, Procurement & Construction + 1 more |
| Locations | Bhubaneswar |
| Local Time | 6:47 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
27.7 thousand
for
10.0%
annual interest,
2
years
(Native Currency: INR 2,500,000)
Reason: We require working capital for government projects. We are willing to provide the physical assets of...
View More
Collateral Available: USD 27.7 thousand
Includes physical assets worth
USD
55 thousand
Documents
ROC-Verification.pdf
(60.9 KB)
Business Overview
- We are a solar EPC (Engineering Procurement Construction) company that has served over 500 - 1,000 clients till date. The business designs the project, seeks approval from the customers, procures the necessary materials and installs the equipment accordingly. We have 100+ active clients currently from 14 states.
- Run rate sales have dropped due to a fall in orders arising from the ongoing pandemic.
- We fulfill government and private contracts. Some major clients are L&T, East Coast Railway, Ministry of Communication and NTPC Limited. Over 60% of our portfolio consists of government contracts.
- We have worked on 1,000+ projects till date and have installed 2,000+ KW of solar panels.
- Our current team has 4 - 5 design specialists, 2 - 3 marketing executives, 2 - 3 budgeting and financial executives and the rest are engaged in installation.
- We undertake digital marketing and generate leads through online portals such as IndiaMART.
- The business has an outstanding debt of INR 80 lakh and pay an interest of approximately 12.5% on the loan amount,
- Our business is ISO certified. We are developing a solar inverter currently.
- Run rate sales have dropped due to a fall in orders arising from the ongoing pandemic.
- We fulfill government and private contracts. Some major clients are L&T, East Coast Railway, Ministry of Communication and NTPC Limited. Over 60% of our portfolio consists of government contracts.
- We have worked on 1,000+ projects till date and have installed 2,000+ KW of solar panels.
- Our current team has 4 - 5 design specialists, 2 - 3 marketing executives, 2 - 3 budgeting and financial executives and the rest are engaged in installation.
- We undertake digital marketing and generate leads through online portals such as IndiaMART.
- The business has an outstanding debt of INR 80 lakh and pay an interest of approximately 12.5% on the loan amount,
- Our business is ISO certified. We are developing a solar inverter currently.
Products & Services Overview
Solar EPC (Engineering Procurement Construction) company that designs the solar project, seeks approval from the customers, procures the necessary materials and installs the equipment accordingly.
Assets Overview
The business owns 10 computers, 2 air conditioning units, inventory worth INR 20 lakh and 2 servicing machines besides the furnishings of the office. We also own a company vehicle (Bolero Van).
Facilities Overview
Rented office with an area of 5,000 square feet. We pay a monthly rent of INR 50,000. Have already paid a deposit of INR 1.5 lakh.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysProprietor, Apparels, Real Estate, Surat, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysGM Corporate, Renewable Energy, New Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Engineering, Pune, Corporate Investor / Buyer connected with the Business
Tags:
Engineering, Procurement & Construction Company Seeking Loan in Bhubaneswar, India
·Lend to Engineering, Procurement & Construction Company in Bhubaneswar, India
·Engineering, Procurement & Construction Company Seeking Loan
·Solar Projects Company Seeking Loan in Bhubaneswar, India
·Lend to Engineering, Procurement & Construction Company
·Engineering Company Seeking Loan in Bhubaneswar, India
·Lend to Solar Projects Company in Bhubaneswar, India
·Lend to Engineering Company in Bhubaneswar, India
·EPC Company Seeking Loan in Bhubaneswar, India
·Lend to EPC Company in Bhubaneswar, India
·Solar Projects Company Seeking Loan
·Engineering Company Seeking Loan
·Lend to Solar Projects Company
·Lend to Engineering Company
·EPC Company Seeking Loan
·Lend to EPC Company
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