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Waste Management Company Seeking Loan in Chennai, India

Company engaged in collection of recyclable waste seeks equity capital for expansion.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 12 thousand
Run Rate Sales USD 26 thousand
EBITDA Margin 10 %
Industries Waste Management
Locations  Chennai
Local Time 3:18 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 12 thousand for 10.0% annual interest, 5 years (Native Currency: INR 1,000,000)
Reason: Funds are required for expansion and we are working on the expansion of the company across South Che... View More
Collateral Available: USD 0
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Business Name
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Business Overview

- Our business is engaged in providing the collection of trash. We are collecting trash like paper, plastic, cartons, and cardboard directly from households.

- Till date, we have covered collection from 400 households across the spread of 6 km.

- On average, we have a collection capacity of 3 tons of waste per month.

- After collection, we directly sell it to traders who recycle the waste and use it for their own purpose.

- We are currently supplying to 5 traders.

- Business does not have any loans and is run by 3 directors. The shareholding pattern is 55:25:20.

- The promoters have 4 years of industrial experience.

Products & Services Overview

Collection of trash which includes more than 24 variants of trash like paper, plastic, cardboard, and cartons.

Assets Overview

Company does not own any assets at the moment.

Facilities Overview

1,000 sq. ft. warehouse in Tambaram, Chennai on the ground floor. The facility is on a rental basis.

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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