7.1 / 10
 Bhubaneswar

Mineral logistics company associated with a union having over 3,000 trucks and drivers.

Key Business Facts
Yearly Sales USD 400 thousand
EBIDTA Margin 15 %
Industries Trucking
Locations  Bhubaneswar
Business Overview
- Mineral logistics company that helps transport minerals from mines to ports for export.
- We are associated with a union that has over 3,000 trucks and drivers.
- Regularly receive work orders from renowned companies like Vedanta and JSW.
- We pay the union to send the drivers and truck for transportation after we receive the contracts from clients.
- This way we do not need a lot of physical assets and maintain an asset-light model.
- At present we provide transport for iron ore, manganese, and coal for companies who export the product.
- Our vision is to expand using the loan funds to export the products directly.
- We aim to start exporting the product to nearby countries like Japan and China.
- Company's physical assets include office setup and furniture.
Products & Services Overview
Transportation of minerals like iron ore and manganese through trucks.
Assets Overview
Company's physical assets include office setup and furniture.
Seeking Loan
USD 240 thousand for 12.0% annual interest, 2 years (Native Currency: INR 20,000,000)
Reason: Looking to start exporting the minerals directly rather than just transporting them for other compan... View More
Collateral Available: USD 0
Includes physical assets worth USD 1.2 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business