Wires and Cables Business Seeking Loan in Mumbai, India

Manufacturer of electrical wires and cables based in Mumbai having 20-30 distributors.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 2.7 million
Run Rate Sales USD 3.3 million
EBITDA Margin 13 %
Industries Wires and Cables
Locations  Mumbai
Local Time 10:17 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 700 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 400 thousand
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Business Name
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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.

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.

Recent Activity
  • Earlier than 15 days
    Managing Director, Mumbai, Financial Consultant connected with this business
  • Earlier than 15 days
    Independent Advisor, Mumbai, Financial Consultant connected with this business
  • Earlier than 15 days
    Director, Ahmedabad, Financial Consultant connected with this business
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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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