Transformer Manufacturing Business Seeking Loan in Ghaziabad, India
Manufacturer of Servo voltage stabilizers and transformers needs funds to supplement its ongoing growth journey.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 340 thousand |
| Run Rate Sales | USD 680 thousand |
| EBITDA Margin | 7 % |
| Industries | Transformer Manufacturing |
| Locations | Ghaziabad |
| Local Time | 1:27 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
340 thousand
for
11.0%
annual interest,
10
years
(Native Currency: INR 30,000,000)
Reason: The funds will be used to augment our ongoing expansion. The funds will be used to purchase new wind...
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Collateral Available: USD 0
Includes physical assets worth
USD
11.3 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Manufacturer and exporter of stabilizers and transformers.
- The company started as an informal family business almost 50 years ago and was formally registered as a proprietorship 12 years ago.
- We have buyers in India, GCC, and Africa.
- Small ticket buyers who purchase 2-3 transformers.
- Production output is dependent on customer orders.
- Had been planning an expansion for the last 2 years which has led to high growth in revenue:
• We invested INR 12 lakh in marketing on IndiaMart.
• Bought packages for visibility on Justdial.
• Have spent INR 50,000 on Google Ads.
• Increased staff strength.
• Got more references from customers.
- The company started as an informal family business almost 50 years ago and was formally registered as a proprietorship 12 years ago.
- We have buyers in India, GCC, and Africa.
- Small ticket buyers who purchase 2-3 transformers.
- Production output is dependent on customer orders.
- Had been planning an expansion for the last 2 years which has led to high growth in revenue:
• We invested INR 12 lakh in marketing on IndiaMart.
• Bought packages for visibility on Justdial.
• Have spent INR 50,000 on Google Ads.
• Increased staff strength.
• Got more references from customers.
Products & Services Overview
Stabilizers and transformers, products range from 15 kV to 2,000 kV.
Assets Overview
Tangible assets - grill machines, and testing machines worth INR 6 lakh; office furniture and laptops worth INR 4 lakh.
Facilities Overview
Rented manufacturing area of 2,700 sq. ft. of and office space of 550 sq. ft. Both office and manufacturing area are in Makanpur village in the southern part of Indirapuram, Ghaziabad, Uttar Pradesh.
Capitalization Overview
- Sole proprietorship.- There is a loan in the name of the business and we are timely paying all the installments.
- Unsecured business loan from Bajaj Finserv and Lendingkart for INR 18.5 lakh and INR 30 lakh respectively.
- Also have INR 30+40 lacs secured limit from Axis bank against CGTMSE.
Recent Activity
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Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysDirector, Wires Manufacturers, Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Mumbai, Financial Consultant connected with the Business
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