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 Coimbatore

Company that manufactures bright bars, ground bars and machined components is seeking funds for expansion.

Key Business Facts
Yearly Sales USD 470 thousand
EBIDTA Margin 20 %
Industries Steel
Locations  Coimbatore
Business Overview
- We are into manufacturing of bright bars, ground bars and metal components.
- Our installed capacity is 550 MT per month but we currently produce 100 MT+ per month.
- Promoter's experience: 30+ years in the same field.
- Number of clients: Close to 100.
Products & Services Overview
- Bright bars - rounds, flats, squares, hex & profiles.
- Ground bars.
- Shafting.
- Turned components.
Capitalization Overview
The business is currently funded by the INR 1.5 crore cash credit availed by us.
Assets Overview
The business owns land & building, machinery and stock.
Partial Stake Sale
USD 330 thousand for 49.0% stake (Native Currency: INR 30,000,000)
Reason: Funds raised will be used as working capital to increase sales.
Includes physical assets worth USD 440 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business or Enquire on WhatsApp