Businesses Seeking Loan in Andhra Pradesh

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Newly Established Real Estate Construction Company Seeking Loan in Visakhapatnam, India

Construction company engaged in building container homes and real estate projects seeking funds.
- Started commercial operations as a private limited company this year but have been in the market and serving as a sole proprietor since 2006. - Manufacture modular, eco-friendly, and plug-&-play new container constructions (homes, villas, and industrial projects) that are the alternatives to affordable & luxury accommodations. - We also construct steel structures for warehouses that are made out of ACP panels and steel and are suitable for weather conditions. - Apart from these, we also work for the real estate sector and construct various buildings, residential and resort projects. - Have successfully built and delivered container constructions to more than 150 clients to date. - We have a manufacturing unit where the container construction is carried out and then shipped. We have the capacity to manufacture about 50 containers in a month. - Currently, working for 20 clients. Containers are customized as per the client's requirements. - We have a sales team that approaches various companies and gets orders. Apart from this, we also receive enquiries from social media and other websites. - Each container construction and warehouse structure starts from INR 10 lakh. - Employed 30 workers on a contractual basis who work at the unit. - Some of our clients are with Novotel, Brindavan Gardens and Brundavan Valley. - Steel is mainly acquired from Tata and Jindal Steel. All other raw materials are acquired from 10-15 vendors located across different cities in India. - 70% of the revenue is from the container construction and the remaining 30% is from the traditional real estate activities. - We have an upcoming real estate project of a beach resort that is to be constructed in a land with a space of 8 acres and we intend to build ice skating, an underground aquarium, and a luxury resort with all facilities. - We have identified the land for the project and are seeking funds to acquire it and to start the project. - Promoter has 8+ years of experience working with the real estate and building construction industry.
Construction company engaged in building container homes and real estate projects seeking funds.
6.6   Visakhapatnam , Andhra Pradesh
Run Rate Sales
INR 10.8 crore
EBITDA Margin
35 %
Business Loan
INR 30 Cr at 12% interest
Contact Business

Agriculture Wholesale Business Seeking Loan in Tirupati, India

Trader of agro-products and rayon cords with 25 client contacts requires funding to restart operations.
- Distributor of agricultural products and rayon tire cords. Business has been shut since 2018 because the owner was working at a government company. Require funding to restart operations. - Business is an IEC (Import Export Code) licence holder. - Promoter has contacts and friendly relations with over 25 domestic clients and 3 major suppliers. - When the business was operational, in 2017, we had a monthly turnover of INR 25 lakh and a profit margin of 10%. - Promoter has over 15 years of experience in this particular sector with excellent marketing and HR skills.
6.3   Tirupati , Andhra Pradesh
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
INR 10 Cr at 10% interest
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Glass Company Seeking Loan in Andhra Pradesh, India

Second largest glass (windowpanes) manufacturing company in India in terms of production capacity.
- Company is the second largest glass (windowpanes) manufacturer in India with daily production capacity of 90 MT. - This company is the only windowpanes manufacturer in India for the extreme southern region. - Company is in NPA state for the last 2 years due to bank issue. They were not able to raise fresh loans to buy new machinery and as a result, the factory was halted. - While operational, the company used to generate a yearly revenue of approx INR 150 crore with over 30% EBITDA margin. - Company has a total of 2,700 showrooms as clients which include 75 large showrooms. The company has 5 standing work orders from existing clients. - Founders have 20+ years of experience in this industry and they also run other businesses from different sector.
Second largest glass (windowpanes) manufacturing company in India in terms of production capacity.
8.7   Andhra Pradesh
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
INR 40 Cr at 12% interest
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Newly Established Cloud Kitchen Seeking Loan in Visakhapatnam, India

Cloud kitchen and health food provider with 300 active subscribers offering customized & standard meal packages.
- We are a cloud kitchen and diet management company with monthly and weekly subscriptions. - Offer a customized or standardized daily meal packages that assist in weight loss. Subscription charges are INR 2,500/weekly and INR 7,500/monthly. - Have 300 active subscriptions currently across both the categories. This is the primary vertical of the business since it generates over 70 percent of the business' revenue. - We also offer DIY meal packages and are registered on Zomato and Swiggy. The business generates INR 20,000 daily from this vertical. This particular vertical generates the remaining 30% of revenue. - The cloud kitchen is open in two locations within Visakhapatnam. We have hired 2 expert chefs to run the kitchens. - We are FSSAI registered and are partnered with StartupIndia, 100 Open Startups and Andhra Pradesh Innovation Society.
6.9   Visakhapatnam , Andhra Pradesh
Run Rate Sales
INR 1.1 crore
EBITDA Margin
20 %
Business Loan
INR 20 L at 11% interest
Contact Business

Enterprise Software Company Seeking Loan in Andhra Pradesh, India

ERP business that has tied up with 400 educational institutions and served 1,000+ clients is seeking a loan.
- Offer ERP solutions, aids in the development of applications and offers consultation to businesses. More than 90% of the business' revenue comes from providing ERP solutions, specifically, to the education sector. - We have currently tied up with over 300 - 400 schools and colleges in 6 states across south India. Some institutions that we have tied up with include Achariya College of Engineering Technology in Pondicherry, Tapasya Education Institutions, Ramadevi Public School in Hyderabad and many more. - The business enters into long term agreements with their clients and their clients provide recurring yearly payments. - We have served over 1,000+ educational institutions till date. - Our ERP solutions are priced on the basis of the number of users and modules. On average, the prices range from INR 150 to INR 250 per student. - The value of the physical assets involved in the transaction includes the owned premises, internal furnishings, computer systems, servers. - Promoter is willing to offer his personal property as a collateral for the loan. The value of this property is around INR 70,00,000. - Business has an outstanding debt of INR 30,00,000 to INR 40,00,000 with an interest rate of 14% to 15%. The new loan won't be used as a top up.
8.3   Andhra Pradesh
Run Rate Sales
INR 60 lakh
EBITDA Margin
35 %
Business Loan
INR 50 L at 13% interest
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Newly Established IT Services Business Seeking Loan in Nellore, India

Newly startup incubator business building a portfolio for banking domain applications seeks funds for marketing.
- We are a startup incubator business that mentors college graduates. - We train and mentor college graduates on real-world applications of web technology and programming languages in the banking domain. - Our goal is to build a portfolio of projects through which we can start providing consulting and development solutions to banks and other business clients. - Have trained 4 graduates this year and our target is to complete training for 20 graduates. - We are currently in the pre-revenue phase and are in the process of building our portfolio and applications. - Also have plans for an HTD model (Hire, Train, and Deploy) in the future. - Have ISO 9001:2015 certification by otabu. - Promoter has over 13 years of experience as a software architect and consultant in the banking domain.
6.9   Nellore , Andhra Pradesh
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
INR 1 L at 12% interest
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Construction Materials Business Seeking Loan in Vinukonda, India

Business manufacturing wire mesh and chains, selling it to B2B and B2C customers.
- We manufacture HB wires, chain links, mesh wires and nails. - Have a company owned manufacturing unit in Vinukonda, having a maximum production capacity of 70 tonnes per month. - The products are sold to both B2B and B2C customers. - We have a shop set up where our products are displayed and for customers to purchase them. - Receive an average of 20 daily B2C customers. - Selling it to 70 B2B customers. Our B2B customers are all trading businesses. - Physical assets include machines, inventory, manufacturing unit and shop setup.
7.2   Vinukonda , Andhra Pradesh
Run Rate Sales
INR 2.2 crore
EBITDA Margin
25 %
Business Loan
INR 25 L at 15% interest
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Women's Apparel Store Seeking Loan in Guntur, India

Business selling sarees and tailoring materials from residence, seeks funds to setup own boutique.
- Business selling sarees and tailoring materials. - We do not have a retail shop and are selling the products from our residence. - Have 2-3 local suppliers from whom we procure the products. - We get our clients through reference from family members and also have 2-3 local distributors who sell to clothing retailers. - Selling products worth INR 30,000 - 35,000 on monthly basis. - Planning to set up our own boutique and we are looking for funds to open the shop. We already have a registered business entity. - Promoter has over 4 years of industry experience. - Business owned assets include stock.
6.5   Guntur , Andhra Pradesh
Run Rate Sales
INR 3.6 lakh
EBITDA Margin
10 %
Business Loan
INR 3 L at 15% interest
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Dentist Clinic Seeking Loan in Ongole, India

Dental clinic in Ongole, receiving 7 daily patients seeking funds to purchase additional dental equipment.
- A dental clinic based in Ongole, Andhra Pradesh. - We provide complete dental diagnostic and treatment services. - Receive an average of 7 daily patients. - Have 2 doctors present at the clinic. - We are looking to expand our current clinic by purchasing more machines and equipment. - Also looking to begin providing beauty, cosmetic, weight reduction services. - We expect the number of patients to increase to 20 after these changes have been implemented. - Physical assets include equipment and interior setup of clinic.
Dental clinic in Ongole, receiving 7 daily patients seeking funds to purchase additional dental equipment.
6.0   Ongole , Andhra Pradesh
Run Rate Sales
INR 12 lakh
EBITDA Margin
30 %
Business Loan
INR 15 L at 12% interest
Contact Business

Mobile App Seeking Loan in Ongole, India

Business delivering grocery items receiving an average of 35 daily orders.
- A business providing home delivery of grocery items, fruits and vegetables, based in Ongole, Andhra Pradesh. - We have partnered with 6 grocery stores, from where we purchase the items and deliver it to the customer. - We intend to start maintaining our own stock of products in the near future. - Customers place orders with us through our website or through our mobile app. - Receive an average of 35 daily orders. - We have 3 delivery executives who carry out the orders. - Customers are charged a commission on the total value of order placed. - Operations began only this year, hence we did not generate any revenue during the previous year. - Business does not own any large physical assets.
6.3   Ongole , Andhra Pradesh
Run Rate Sales
INR 12 lakh
EBITDA Margin
25 %
Business Loan
INR 15 L at 12% interest
Contact Business

Profitable Biscuit Manufacturing Business Seeking Loan in Visakhapatnam, India

Manufactures biscuits & namkeens under own brand name and supplies to 15+ wholesale clients.
Our firm manufactures biscuits & namkeens under private label and sells it to wholesale clients. Have a regular of 15 clients from Andhra Pradesh and Odisha. We source raw materials (food ingredient) from multiple local vendors. Have tie-ups with 2 suppliers for procuring packaging materials. Founder of the business has been in this industry since the last 40 years. The factory runs on 12 hour shift a day and produces 12 MT of output. Business owned assets include plant & machinery, office equipment and tools.
6.3   Visakhapatnam , Andhra Pradesh
Run Rate Sales
INR 2 crore
EBITDA Margin
30 %
Business Loan
INR 2 Cr at 12% interest
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Granite & Marble Business Seeking Loan in Ongole, India

Firm seeking capital to set up mining operations in a 2.84 hectare owned granite mine.
- Seeking capital to set up granite mining operations. - Promoters have already acquired the lease for a granite mine spread across 2.84 hectares. - The value of the mine lease owned by the promoter is INR 5.6 crores. - The mine has estimated deposits of 8,35,004 cubic meters. - Granite found in the mine is absolute black granite which is export grade and also has a high demand in the local market. - Have already secured approval for the mining plan which is valid for 5 years and allows us to mine 25,000 cubic meters. - Also secured a mining permit which is valid for 20 years. - Both approvals can be renewed at the end of their terms. - Have already cleared most of the environmental clearance requirements and there are 2 stages pending for us to secure the clearance. - This is expected to be completed within the next few weeks and we intend to start operations in one month's time. - Have already spoken with vendors from whom we intend to lease the mining equipment and hire contract staff. - The estimated operational costs for the mine is expected to be fixed costs of INR 20 lakh / month and variable costs of INR 14 - 20 lakh / month to mine 400 cubic meters / month. - The average market price for granite is INR 25,000 to 38,000 / cubic meter based on its quality. - The granite found in our mines is high grade and is expected to sell for INR 35,000 - 38,000 / cubic meter. - We project costs of INR 10,000 to mine 1 cubic meter. - Promoters run another metal mining company with an annual turnover of INR 1 cr.
Firm seeking capital to set up mining operations in a 2.84 hectare owned granite mine.
6.9   Ongole , Andhra Pradesh
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
INR 1 Cr at 18% interest
Contact Business

Newly Established Hospital Seeking Loan in Visakhapatnam, India

Planning to start a multi-specialty 40 bedded hospital located in Gopalapatnam, Visakhapatnam.
- Experienced doctors are planning to start a multi-specialty hospital in Visakhapatnam. - Business will be registered as a Pvt Ltd within 1-2 months. - Already finalized the facility and paid initial instalment for the machinery and equipment. - Interior work will start in 3 months and the operations will start in 6 months. - Hospital will have 40 beds and will offer healthcare services for maternity, gynaecology, infertility, pediatrics, orthopaedic, general surgery, general medicine. - The facility will have 6 doctors with a minimum experience of 10 years. - Hospital will be located in a densely populated residential area. - Promoter is a doctor and has more than 10 years of experience. - Business owns website, few machinery, equipment, furniture and advance for the facility.
Planning to start a multi-specialty 40 bedded hospital located in Gopalapatnam, Visakhapatnam.
6.4   Visakhapatnam , Andhra Pradesh
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
INR 2 Cr at 10% interest
Contact Business

Education Support Company Seeking Loan in Giddalur, India

Creates IIT foundation books for school students, having established tie-ups with 22+ schools.
Company has developed 15 different sets of IIT foundation books to help students prepare and understand the foundation / basics of IIT entrance exam. Each set of books covers physics, chemistry & mathematics and we have developed these 15 different sets depending upon the intellectual level of students studying in Class VI to X. Have established tie-ups with 22+ schools and we charge the school per student wise who wish to buy our set of books. We provide these books in both physical and soft book format. Over the years, we have sold 3,000 copies of physical books. Have tie-ups with 1 book house to whom we outsource the printing process. Business owned assets include laptop, furniture and stock of books at our facility.
6.5   Giddalur , Andhra Pradesh
Run Rate Sales
INR 16.2 lakh
EBITDA Margin
25 %
Business Loan
INR 10 L at 12% interest
Contact Business

Newly Established Ground Logistics Company Seeking Loan in Vijayawada, India

Company dealing with transportation of bulk materials like cement, coal, industrial raw materials, and food.
- Newly incorporated Pvt Ltd company located in Vijayawada. We were operational for the past 5 years as a partnership firm under a different company name. - We used to provide warehousing, ground logistics, transportation, repacking services and planning to expand the same services further. Under the old company, our annual turnover was INR 8 crore. - We now have 8-10 clients that include MNCs, cement and iron companies. - We are operational across 8 states. - Company owns around 100 commercial vehicles. - Some of our clients are Dalmia Cement, Bharat Cements, ICL Corporate, Yara International fertilizer, Trans Farm. - Promoter has more than 6 years of experience in this industry. - Business owns 100 vehicles, land, and office.
5.7   Vijayawada , Andhra Pradesh
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
INR 5 Cr at 10% interest
Contact Business

Newly Established Animal Feed Company Seeking Loan in Chittoor, India

Manufacturer of Cattle & Poultry feed based in Chittoor and supplying it to 25+ customers.
- Newly established company that manufactures and supplies cattle & poultry feed. - We procure raw materials from 3 major vendors. - Our production capacity is 120 tons per month. As of now we are producing 40 tons per month. - We supply our products to more than 25 local farmers, retailers and wholesalers. - We are in the process of exporting our products to African Countries. - Business seeks funds to increase the production by purchasing raw materials, start export business and buy machinery. - Our assets include machinery, raw materials, stock, client database. - Promoter has more than 6 years of experience in this business.
Manufacturer of Cattle & Poultry feed based in Chittoor and supplying it to 25+ customers.
7.1   Chittoor , Andhra Pradesh
Run Rate Sales
INR 43.2 lakh
EBITDA Margin
22 %
Business Loan
INR 25 L at 18% interest
Contact Business

School Seeking Loan in Inkollu, India

Educational Society with 2 English medium schools having over 2,100 students is looking to expand.
- Educational society with 2 English medium schools under it, located in Prakasam District. - Our motto is to serve the public in rural areas by providing good quality education to students from rural backgrounds. - Conducts classes from nursery to 10th grade and is affiliated to the Board of Secondary Education of Andhra Pradesh. - Currently, we have 2,100+ students, and 100+ faculty members with 5-15 years of experience. - Have 100+ classrooms, 1 big library, 5 smart classrooms, 2 computer labs, and 2 science labs. - Have 20 school buses for the transportation of students. - Provides lunch and hostel facilities to students. - Maintain our own mineral water plant to provide harm-free purified water. - Children's doctor and a pediatrician are available to provide medical consultation to students. - There is a good scope for expansion considering the demand from the local public and hence in this regard, we would like to construct additional buildings and improve the hostel facilities. - Business owned assets include school property, furniture, and equipment.
6.5   Inkollu , Andhra Pradesh
Run Rate Sales
INR 12 crore
EBITDA Margin
20 - 30 %
Business Loan
INR 25 Cr at 10% interest
Contact Business

Newly Established Apparel Wholesale Company Seeking Loan in Visakhapatnam, India

Company sells apparel and now seeks funding to start own manufacturing facility.
- We purchase T-shirts, shirts, pants, leggings from a manufacturer and supply to retail shops. - Buying apparel from a manufacturer in Tiruppur, Tamil Nadu. - Supplying to 15 shops across Andhra Pradesh. - Have good business relationship with clients. - Once we set-up our own manufacturing facility, we will sell the products under own brand name. - Promoter has 15 years of experience in this industry. - Business owns land, and building.
Company sells apparel and now seeks funding to start own manufacturing facility.
6.5   Visakhapatnam , Andhra Pradesh
Run Rate Sales
INR 36 lakh
EBITDA Margin
30 %
Business Loan
INR 60 L at 23% interest
Contact Business

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    There are 66 active and verified businesses seeking loan in Andhra Pradesh listed on SMERGERS as of 31 October 2020.
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