Wires and Cables Business Seeking Loan in Mumbai, India
Manufacturer of electrical wires and cables based in Mumbai having 20-30 distributors.
This transaction has concluded.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 2.17 million |
| Run Rate Sales | USD 2.67 million |
| EBITDA Margin | 13 % |
| Industries | Wires and Cables |
| Locations | Mumbai |
| Local Time | 10:47 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
560 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 50,000,000)
Reason: Need investment for marketing, for working capital and to expand the distribution to 3 more states.
Collateral Available: USD 0
Includes physical assets worth
USD
333 thousand
Documents
Provisional Balance Sheet
(2.5 MB)
Incorporation Certificate
(234.5 KB)
GST Registration
(146.3 KB)
ROC-Verification.pdf
(59.6 KB)
Business Overview
- Our Company was established in 2013.
- We manufacture electrical wires and cables for buildings, houses and industries.
- Production capacity of the facility is 250 tonnes per months and we are utilizing around 60% of the capacity.
- We produce under our own brand name and also do contract manufacturing for 3 other companies.
- Have 20 to 30 distributors for our brand.
- Distributing our products across Maharashtra, Gujarat, Punjab, Haryana.
- We would be expanding distribution geographically to Delhi NCR, Uttar Pradesh and Rajasthan.
- Also registered as suppliers for government organizations like PWD (Maharashtra), Police Housing (Maharashtra) and MSEDCL.
- Business owns machinery, equipment, raw material inventory and furniture.
- We manufacture electrical wires and cables for buildings, houses and industries.
- Production capacity of the facility is 250 tonnes per months and we are utilizing around 60% of the capacity.
- We produce under our own brand name and also do contract manufacturing for 3 other companies.
- Have 20 to 30 distributors for our brand.
- Distributing our products across Maharashtra, Gujarat, Punjab, Haryana.
- We would be expanding distribution geographically to Delhi NCR, Uttar Pradesh and Rajasthan.
- Also registered as suppliers for government organizations like PWD (Maharashtra), Police Housing (Maharashtra) and MSEDCL.
- Business owns machinery, equipment, raw material inventory and furniture.
Products & Services Overview
Manufacturer of domestic and building wires, industrial and agricultural cables.
Facilities Overview
Rented administrative office - 1,850 sq. ft.Rented manufacturing facility - 9,000 sq. ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysIndividual Advisor, Mumbai, Business Broker connected with the Business
-
Earlier than 15 daysDirector, Thane, Financial Consultant connected with the Business
-
Earlier than 15 daysManaging Director, Mumbai, Financial Consultant connected with the Business
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