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Water Treatment Company Seeking Loan in Patna, India

Water and wastewater aeration company with projects worth INR 2 cr in the pipeline seeks-loan.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Water Treatment
Locations  Patna
Local Time 8:40 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 57 thousand for 9.0% annual interest, 1 year (Native Currency: INR 5,000,000)
Reason: Working capital need to meet expenses for the projects in pipeline.
Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Specialization in water and wastewater aeration with a focus on lake aeration.
- Expertise in iron removal, wastewater treatment, and bio-remediation.
- Utilizes fine bubble aeration technology, specifically for lake environments.
- Primary clientele includes government sectors, notably the Urban Department and Drinking Water & Sanitation Department.
- Notable for being one of the few players in the specialized field of lake aeration, contributing to high growth rates.
- Established a partnership with a 60-year-old American company, enhancing credibility and technical expertise.
- Promoters bring 6 years of experience in the industry.
- Fully licensed for operation, holding incorporation, import-export, GST, and MSME certifications.
- Upcoming projects worth INR 2 crores in Patna and Jharkhand, scheduled to commence in May.
- Currently, revenue figures stand at 0 due to pending project initiation, with expectations of operational commencement next month.
Products & Services Overview
Company involved in:
Iron removal, wastewater treatment, and bio-remediation.
Primary clientele includes government sectors, notably the Urban Department and Drinking Water & Sanitation Department.
Assets Overview
Assets:
There are no significant physical assets.
Facilities Overview
We have a home office in Patna, so we do not pay any rent for the facility. Since it is part of the owner's residence, the details of the same are not relevant.
Capitalization Overview
There are 2 shareholders in the company.
Self funded operations.
No loans or debts.
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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