Businesses Seeking Loan in Visakhapatnam

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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.
7.0   Visakhapatnam
Run Rate Sales
INR 10.8 crore
EBITDA Margin
35 %
Business Loan
INR 30 crore 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.
7.0   Visakhapatnam
Run Rate Sales
INR 1.1 crore
EBITDA Margin
20 %
Business Loan
INR 20 lakh at 11% interest
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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
Run Rate Sales
INR 2 crore
EBITDA Margin
30 %
Business Loan
INR 2 crore at 12% interest
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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.
6.8   Visakhapatnam
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
INR 2 crore 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
Run Rate Sales
INR 36 lakh
EBITDA Margin
30 %
Business Loan
INR 60 lakh at 23% interest
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Newly Established Food & Beverage Company Seeking Loan in Visakhapatnam, India

Startup have Tie-up with Top FMCG manufacturing companies for exclusive channel distribution worth 9 crore.
- We are a startup based in Vizag that provide On-Demand services for hotels and individual clients. along with this, we have restaurants in Vizag and Vijayawada. - Have tie-ups with OYO rooms to provide hotel renovation and maintenance services across Andhra Pradesh. we are currently working for some oyo upcoming properties in vizag. - We also have tie-up with Flipkart for providing installation services of AC, TV and other electronic items for customers in Andhra Pradesh and Telangana. - We have Tie-up with Top FMCG Companies for channel Distribution in Vizag. - The business head has over 14 years of experience working in diverse industries. - The company is currently fulfilling small orders of local hotels and customers.
7.1   Visakhapatnam
Run Rate Sales
INR 96 lakh
EBITDA Margin
28 %
Business Loan
INR 35 lakh at 24% interest
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Profitable Marine Logistics Business Seeking Loan in Visakhapatnam, India

Company operates barge chartering used in dredging operations at Ports.
- Business based in Visakhapatanam operating since 2014. - We charter barges to the dredging industry and presently serving an Italian company for the past three years. - They pay us around INR 70,000 every day.
Company operates barge chartering used in dredging operations at Ports.
7.8   Visakhapatnam
Run Rate Sales
INR 2.8 crore
EBITDA Margin
30 %
Business Loan
INR 7 crore at 12% interest
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Edutech Business Seeking Loan in Visakhapatnam, India

Digital platform aimed at students allowing users to post and access tutorials and educational content.
- We are an online educational platform for students and educational content creators. - Our platform allows for publishing of tutorials and educational content for subjects like computer, chemistry and physics. - Have a forum for users to discuss topics and gain insights. - Have 45 - 50 daily visitors and over 110 articles published. - Also, have a job recruitment tool available on our platform that is in the prototype phase. - Our revenue is generated through Google AdSense so we require funding to increase number of visitors and increase revenue.
6.3   Visakhapatnam
Run Rate Sales
INR 3.6 thousand
EBITDA Margin
30 %
Business Loan
INR 10 lakh at 8% interest
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Elevator Business Seeking Loan in Visakhapatnam, India

Company is into designing, installation and maintenance of lifts, have installed more than 150 lifts.
- Company is into designing, supply, installation and maintenance of lifts. - We have installed more than 150 lifts till now. - Recently we have done a project with a well known MNC client. - We outsource the products required from Mumbai and we also outsource workers. - Promoter has an industrial experience of more than a decade.
Company is into designing, installation and maintenance of lifts, have installed more than 150 lifts.
7.5   Visakhapatnam
Run Rate Sales
INR 60 lakh
EBITDA Margin
8 %
Business Loan
INR 50 lakh at 15% interest
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Specialty Retailer Seeking Loan in Visakhapatnam, India

This is a FPO (Farmer Produce Organisation) Retail including Dairy and Food Products.
- Our concept is natural food products for healthy living. - We are producing products in natural farming methods and are also collecting them from other farmers, processing and marketing them on our own. - We process items to retain its values. For example, We process paddy to Brown Rice and Semi polished rice, but not Fully polished White rice. - We want to give clean products, hence do not produce, collect and market adulterated items or chemical mixed items. Even pests are also controlled by using natural methods only. - Products are on specific viz. Rice, 150 days and above duration Crops. - Adopted Ageing process and not the machinery process. i. e. we do not steam paddy and produce rice, rather we allow the paddy to settle in grain itself (keeping the paddy in Gunny bags, under a shade and wind flowing area for four months) - We are also interested in other seasonal products to add it in our product offerings, for Example Mango (Both fruit and unriped). - Founder & Business manager is highly experience in marketing and holds high ethical behavior. - Targeted 100 Crore business in the next 5-10 years.
This is a FPO (Farmer Produce Organisation) Retail including Dairy and Food Products.
7.7   Visakhapatnam
Run Rate Sales
INR 18 lakh
EBITDA Margin
10 - 20 %
Business Loan
INR 50 lakh at 12% interest
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Serviced Apartment Seeking Loan in Visakhapatnam, India

Executive Paying guest accommodation provider for working women with 80 % occupancy rate.
- We provide PG accommodation for working women. - We have taken an independent commercial building for the service. - Each floor has 8 independent and sharing rooms and has an attached reception and a dining area. - Currently there are 9 occupants. - Located in the middle of a junction between commercial and residential area on NH. - We provide food 24 * 7 and have in house cooks. - Also provide WiFi, security, maid and 24 hrs water supply. - Owner has 8 years of industry experience.
Executive Paying guest accommodation provider for working women with 80 % occupancy rate.
7.3   Visakhapatnam
Run Rate Sales
INR 9.2 lakh
EBITDA Margin
20 %
Business Loan
INR 15 lakh at 36% interest
Contact Business

Consumer Lending Business Seeking Loan in Visakhapatnam, India

Well established firm providing automobile finance and have served 5,000+ customers till date.
- We are in the business of automobile finance. - We have tie-ups with multiple NBFCs like Shriram Transport, Hinduja Leyland and Fortune Integrated Assets. - We have served 5,000+ customers till date and are also associated with Hero, Ape-Piaggio, Bajaj and Suzuki showrooms around the city for two wheeler and three wheeler financing. - We generate revenue through the interest rate difference offered by NBFCs to our customers. - Promoter has a business experience of 18 years and also runs a construction business.
5.6   Visakhapatnam
Run Rate Sales
INR 2.5 crore
EBITDA Margin
10 %
Business Loan
INR 50 lakh at 15% interest
Contact Business

Engineering, Procurement & Construction Company Seeking Loan in Visakhapatnam, India

EPC contracting company undertaking private as well as commercial projects having 30 corporate clients.
- We are an EPC contracting company. - We undertake private as well as Govt. projects. - Have in house architects and designing team. - Have tie ups with 16 builders and 20 - 30 corporate clients. - Generate leads through our marketing team. - Promoter has 10 years of industry experience.
6.8   Visakhapatnam
Run Rate Sales
INR 1.2 crore
EBITDA Margin
0 - 10 %
Business Loan
INR 1 crore at 10% interest
Contact Business

Newly Established Supermarket and Apparel Store Seeking Loan in Niger

Company planning to start Supermarket in Niger and Apparel Store in India.
- We are planning to start supermarket in Niger and Senegal. - We are also planning to start apparel store in India (8 stores in total) - Founder has 8+ years of experience African market. - Business has a huge scope, looking for lenders.
6.2   Visakhapatnam
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
INR 2 crore at 10% interest
Contact Business

Robot Manufacturing Company Seeking Loan in Visakhapatnam, India

Centre for experiential learning of Robotics for Children & Engineering Students seeking Business Loan.
- We bring robotics education to students of all ages - KG to PG Spectrum. - Have have a strong R&D center which prepares curriculum, content and technology needed to teach anyone who is interested in Robotics. - We are currently working o launching of a new Robo Kits to online sales and Online training. Especially for sales where a student cant have access for the local center. - Today we have about 11 Franchises in India and 1 in Australia and working on rapid growth in India and Abroad to impart this knowledge. - The curriculum for school is tailored to suit the requirements of NCERT, Cambridge University Syllabus and F10 - The Australian Board of Education.
Centre for experiential learning of Robotics for Children & Engineering Students seeking Business Loan.
8.4   Visakhapatnam
Run Rate Sales
INR 41 lakh
EBITDA Margin
30 - 40 %
Business Loan
INR 40 lakh at 31% interest
Contact Business

Engineering, Procurement & Construction Company Seeking Loan in Visakhapatnam, India

Engineering company serving various industries through Quality Design & Engineering. We Execute Turnkey projects.
We an EPC (Engineering, procurement & construction) company specializing in Steel Plant, Power Plant, Ferro Alloy Plants, Substations, Industrial electricals & Bulk material handling systems. We have a specialized team for each verticals to execute the project and have excellent customer feedback & relationships. Started off with engineering services, then extended our services to erection & commissioning and from 2008 onward we are into EPC or turnkey projects. We are specialists in submerged arc furnace and HT substations and mainly serving green field / expansion projects for the integrated steel industry, power sector, distribution industry & various process industries. We are cost effective technology providers and the go-to choice for new entrants in these industries. Constructed around 20 Submerged Arc Furnaces, executed many substation project upto 132kV and bulk material handling system for various industries there by serving the industry for the last 12 years. We have recently bagged projects from. RINL-Vizag Steel Plant, SAIL-IISCO Steel Plant and SAIL- Rourkela Steel Plant. We have orders worth INR 32 Crores in hand and all are from PSU (Public Sector Undertaking) companies.
Engineering company serving various industries through Quality Design & Engineering. We Execute Turnkey projects.
8.7   Visakhapatnam
Run Rate Sales
INR 9.6 crore
EBITDA Margin
15 %
Business Loan
INR 3 crore at 15% interest
Contact Business

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.
8.5   Andhra Pradesh , Visakhapatnam
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
INR 40 crore at 12% 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 , Visakhapatnam
Run Rate Sales
INR 60 lakh
EBITDA Margin
35 %
Business Loan
INR 50 lakh at 13% interest
Contact Business

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    There are 20 active and verified businesses seeking loan in Visakhapatnam listed on SMERGERS as of 22 October 2020.
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