Wires and Cables Business Seeking Loan in Rewari, India

- Manufacturers and wholesale suppliers of industrial cables.

- We have about 400 return customers, of these about 90% are government organisations.

- Organisations like BHEL, NTPC, ISRO, DRDO, Antara, ONGC, GAIL,

- We also have a few private companies and exporters as customers.

- Our special cables are unique and are produced by very few players in India.

- We bid for government tenders to get orders.

- Last year our orders were less but then we bid for almost 100 tenders, and we qualified for 90% of them.

- Each order takes about 3-4 months from production to payment. This is why we need working capital funding.

- Daily production capacity of 100 km of cables in two eight-hour shifts.

- Received Best MSME Award, and was also awarded by the former governor of Haryana Sh. Babu Parmanand.

- We have experience of 34 years in this field.

Industrial cables, special cables, and temperature sensors.

Our top-selling product is special cables and they are used by companies like BHEL, NTPC, and ISRO for various applications.

Tangible assets:

- Stock worth INR 1.94 crore,

- Total factory building and land are worth INR 4 crore.

- The plant and machinery are worth INR 2.5 crore, this includes 2 extrusion machines worth INR 55-60 lakh.

- Full office setup.

We have an owned factory with a built-up area of 1,000 sq. metres in East Rewari, Haryana. Rewari is a town situated about 50km Southwest of Gurgaon.

- A bootstrapped business that was started with the owner's savings.

- They have a CC limit of INR 82 lakh from the bank.

- There are no other debts or loans on the business.