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Solar PV Systems Business Seeking Loan in Jeypore, India

Solar business specializing in rooftop installations and maintenance seeks funding to expand operations and capacity.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 117 thousand
Run Rate Sales USD 118 thousand
EBITDA Margin 12 %
Industries Solar PV Systems + 1 more
Locations  Jeypore
Local Time 7:36 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 23.4 thousand for 10.0% annual interest, 4 years (Native Currency: INR 2,000,000)
Reason: We are seeking this investment to expand our business by increasing inventory, fulfilling more order... View More
Collateral Available: USD 41 thousand
Includes physical assets worth USD 14 thousand
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Business Overview
- Based in Jeypore, we sit at the forefront of the renewable energy sector, specialising in solar PV systems and solar projects, primarily serving government bodies and NGOs.
- Our company is adept at executing both project-based and package-based solar solutions, with a strong focus on the design, installation, and maintenance of rooftop solar panels.
- Having catered to 350 clients, we boast a robust portfolio in the government sector, working with entities such as water departments, development authorities, and Panchayat Raj institutions across Odisha.
- With an annual turnover reaching INR 1 crore last year, we have significant growth potential, evidenced by a pipeline of orders valued at INR 1.5 crore.
- Currently, we receive 22 orders monthly under the PM Suryaghar initiative, further emphasising our established presence in the sector.
- Our operations are supported by official registrations, including MSME and GST certifications, assuring compliance and reliability in every project we undertake.
- Capable of installing solar projects up to 42 kW, we demonstrate flexibility and expertise to meet diverse energy needs, contributing to green energy adoption.
- The company is registered with MSME and GST certifications.
Products & Services Overview
We operate on both project-based and package-based systems.
Our expertise lies in the installation, design, and maintenance of rooftop solar panels. We primarily serve government sector clients, including water departments, development authorities, and local Panchayat Raj institutions in Odisha.
We also specialise in manufacturing GI structures and assembling components for solar street lamps, offering end-to-end solutions to support sustainable energy infrastructure.
Assets Overview
Tangible assets: Machinery, leftover materials, and damaged and broken panels.
The business has collateral in the form of owned land located in Nabarangpur district, valued at INR 35 lakh.
Facilities Overview
Both the office and factory operate from rented premises. The factory spans an area of 2,000 sq. ft.
Capitalization Overview
The business is 100% owned by a single promoter and is completely debt-free with no outstanding loans.
Recent Activity
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1 Investor contacted this Business this month. Register below to connect now!
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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