Tire Manufacturing Company Seeking Loan in Chennai, India
Manufacturer of solid industrial tyres and wheels, generating almost 50% revenue in exports.
Premium Plan
| Established | 30-40 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 540 thousand |
| Run Rate Sales | USD 520 thousand |
| EBITDA Margin | 15 % |
| Industries | Tire Manufacturing |
| Locations | Chennai |
| Local Time | 5:46 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
380 thousand
for
12.0%
annual interest,
10
years
(Native Currency: INR 35,000,000)
Reason: Require funds in order to clear existing debt.
Collateral Available: USD 540 thousand
Includes physical assets worth
USD
1.33 million
Interested to connect with advisors
Documents
Registration Certificate
(492.0 KB)
ROC-Verification.pdf
(59.9 KB)
Business Overview
- We are manufacturers and sellers of tyres and wheels used in material handling equipment.
- Approved vendor for a few European OEMs as well as corporates and government establishments in India.
- Around 50% of our product is sold in India and the rest is exported.
- Have 30 to 40 high profile clients and 1,000+ small and medium clients.
- Factory has the capability of producing 2,000 tyres per month at capacity.
- Founder has over 40 years of experience working in the rubber industry.
- Approved vendor for a few European OEMs as well as corporates and government establishments in India.
- Around 50% of our product is sold in India and the rest is exported.
- Have 30 to 40 high profile clients and 1,000+ small and medium clients.
- Factory has the capability of producing 2,000 tyres per month at capacity.
- Founder has over 40 years of experience working in the rubber industry.
Products & Services Overview
Manufactures tyres & wheels used in material handling equipment.
Assets Overview
Company owns factory, land, machinery and equipment.
Facilities Overview
Own land of 1.5 Acres near Sriperumbudur. Main Shed: 25,000 Sq. Feet. HT Transformer: 640 KVA and 125 KVA Diesel Generator back-up.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, Rubber Products, New Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Convyeors, Coimbatore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManager, Auto Repair & Service, Coventry, Corporate Investor / Buyer connected with the Business
Tags:
Tire Manufacturing Company Seeking Loan in Chennai, India
·Tyre Manufacturing Company Seeking Loan in Chennai, India
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·Lend to Tyre Manufacturing Company in Chennai, India
·Tire Manufacturing Company Seeking Loan in Madras
·Tyre Manufacturing Company Seeking Loan in Madras
·Lend to Tire Manufacturing Company in Madras
·Lend to Tyre Manufacturing Company in Madras
·Tire Manufacturing Company Seeking Loan
·Tyre Manufacturing Company Seeking Loan
·Lend to Tire Manufacturing Company
·Lend to Tyre Manufacturing Company
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