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Welding Equipment Company Seeking Loan in Mumbai, India

Company manufacturing and trading welding machines pan India since 2002 having 120 distributors.
This transaction has concluded.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 400 thousand
Run Rate Sales USD 1.1 million
EBITDA Margin 12 %
Industries Machine Tools + 1 more
Locations  Mumbai
Local Time 3:39 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.2 million for 16.0% annual interest, 6 years (Native Currency: INR 100,000,000)
Reason: To capture more distributors pan India and to sell our products through online channels.
Collateral Available: USD 0
Includes physical assets worth USD 50 thousand
Documents
Business Overview

- We are ISO 9001-2008 accredited company manufacturing and trading welding machines and spare parts.

- Have a network of more than 120 dealers.

- Manufacture 27 models of welding machines and also deal in Power Tools and Welding Machine Spare Parts and can manufacture 250 machines per day.

- We import other models from China and assemble it at our facility.

- Have around INR 1 crore credit orders supplied to distributors.

- Recently took a loan and we increased production capacity which reflects in higher sales.

- Promoter has more than 24 years experience in welding machine manufacturing.

Products & Services Overview

Manufacturer and distributor of Manual arc, MIG Series, TIG Series, Transformer Type, Spot, Cut series of Plasma Welding Machines and other Power Tools.

Facilities Overview

5,000 sq ft rented factory at Sion, Mumbai.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, Mumbai, Financial Consultant connected with the Business
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This transaction has concluded. View similar business opportunities on SMERGERS
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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