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Steel Company Seeking Loan in Kolkata, India

Import/export start up specializing in export of ferro alloys to steel manufacturing companies.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Steel + 1 more
Locations  Kolkata
Local Time 7:20 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 116 thousand for 15.0% annual interest, 3 years (Native Currency: INR 10,000,000)
Reason: Looking for a loan for working capital requirements. We need a moratorium of 3 months and then we wi... View More
Collateral Available: USD 0
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Name, Phone, Email
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Business Name
Not disclosed
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Business Overview
- The startup is strategically located in Kolkata, a significant hub for the export of commodities like ferro alloys and coal.
- We will be involved in exporting high-quality ferro alloys crucial for steel manufacturing, with confirmed interest from top steel manufacturers in Europe and Indonesia.
- The leadership team consists of a Chartered Accountant and an MBA from a Tier-1 business school, providing strong financial and strategic acumen and a global industry network.
- Holds valuable export licenses and maintains relationships with over 10 suppliers, ensuring a steady and reliable supply chain.
- Will sources materials from Durgapur and Haldia, known for their rich reserves, supporting efficient logistics and distribution.
- Despite having a lean team of 3 employees, the startup leverages expertise and industry connections for effective operations and growth.
- The firm capitalizes on the professional experience of the promoter who has worked in established export companies such as QVC Exports and World Metal FZC, enhancing its credibility and market reach.
Products & Services Overview
We will export ferro alloy used in steel manufacturing. The products will be used by top steel manufacturers in Europe and Indonesia.
Assets Overview
The business doesn't hold any significant tangible asset at the moment but however, the purchase of physical assets will be made once we receive the funding.
We have intangible assets like export/import licenses and orders from 3 top steel manufacturing companies (POSCO, GURTA, and SENCO) from Indonesia and Europe.
Facilities Overview
Located in Kolkata, it's a rental facility of 100 sq. ft.
However, our registered office is in Howrah.
Capitalization Overview
Funded by promotor capital 100 percent, and business has no loans. There are 2 directors with a shareholding pattern of 55% and 45%.
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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