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Solar PV Systems Company Seeking Loan in Ahmedabad, India

Company working on their maiden government approved Solar project, seeking funds for material procurement.
This transaction has concluded.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Solar PV Systems + 1 more
Locations  Ahmedabad
Local Time 8:41 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 24 thousand for 10.0% annual interest, 3 years (Native Currency: INR 2,000,000)
Reason: Material procurement and project expenses.
Collateral Available: USD 0
Includes physical assets worth USD 30 thousand
Documents
Business Overview

- We are a newly incorporated private limited company, dedicated to work on solar projects.

- Have received our first project to construct a 100kW solar panel on the rooftop of a 13 floor commercial building in Ahmedabad.

- We have partnered with the building owner to invest 40% of the project expenses. We will be charging on the basis of per kW installation of solar panel.

- The setup would consist of 300 solar panels, with charging unit and transmission to all the floors of the building.

- Seeking funds to procure solar equipment and commence next phase of operations.

Products & Services Overview

Solar Panels, Inverter, Wiring, Fabrication and Aluminium works, Civil works, Fitting and Installations, Earthing.

Facilities Overview

Own property of 900 Sq. Ft.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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