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 From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 3.3 million
EBITDA Margin
13 %
Industries
Locations
Local Time
4:54 PM Mumbai
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 700 thousand for 12.0% annual interest, 5.0 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
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
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
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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