Wires and Cables Business Seeking Loan in Vadodara, India
Manufacturer of submersible winding wire based in Vadodara having 20-30 retailers & 10 OEMs.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 120 thousand |
| Run Rate Sales | USD 100 thousand |
| EBITDA Margin | 20 % |
| Industries | Wires and Cables |
| Locations | Vadodara |
| Local Time | 12:48 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
50 thousand
for
24.0%
annual interest,
5
years
(Native Currency: INR 4,000,000)
Reason: We need funds to buy more raw materials and machinery.
Collateral Available: USD 0
Includes physical assets worth
USD
24 thousand
Interested to connect with advisors
Documents
MSME Registration
(166.2 KB)
GST Registration
(73.4 KB)
Business Overview
- Our company was established in 2015 and we are into manufacturing of submersible winding wire.
- Currently we have more than 20 clients in Coimbatore, Vadodara and also in the cities of Madhya Pradesh and Maharastra.
- We have 3 vendors from who we procure raw materials.
- Our production capacity is 60 lakh wires per month. As of now we manufacture 15-20 lakh wires.
- Seeking funds to buy more raw materials as we are partnering with more clients.
- Promoter has 8 years of total experience in this industry.
Products & Services Overview
Submersible winding wire & Submersible pump wires.
Facilities Overview
Rented 2,500 Sq Ft manufacturing unit land.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysOwner, Industrial Parts, Vadodara, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Ahmedabad, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Vadodara, Financial Consultant connected with the Business
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