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Telecom Infrastructure Company Seeking Loan in New Delhi, India

Business that has 2 projects in hand from the Indian railways is seeking a loan.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 71 thousand
EBITDA Margin 10 %
Industries Telecom Infrastructure
Locations  New Delhi
Local Time 10:45 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 29.6 thousand for 10.0% annual interest, 3 years (Native Currency: INR 2,500,000)
Reason: Funds are required to execute the projects on time.
Collateral Available: USD 0
Includes physical assets worth USD 5.9 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
Business Overview
- Our business is engaged in taking up government contracts for telecommunication solutions, supply, installation, and commissioning work.
- We are involved in the installation of radio links, CCTV, routers, and fiber cables in towers.
- To date, we have completed 1 project for the Indian railways.
- We have 2 more projects in hand for execution for the Indian Railways.
- On average, a project takes 6 months to a year for completion.
- We have not reported any revenue last year as the business was starting out and due to Covid we could not implement and execute the projects.
- Business does not have any loan and is run by 2 directors, one holds a 25% stake and the other holds a 75% stake in the company.
Products & Services Overview
Installation of radio link, optical fiber cable, tower, router, switches, trenchless trenching, and CCTV.
Assets Overview
We own minimal office assets like laptops, desks and chairs.
Facilities Overview
Have a rented office space in Delhi.
Capitalization Overview
Not Disclosed
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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