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Businesses For Takeover in Surat

Showing 1 - 5 of 5 Businesses For Takeover in Surat. Lend to a Business in Surat.

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Lighting Fixtures Company Seeking Loan in Surat, India

Company dealing in industrial projects of earthing and lightning protection systems seeks financial investment.
- We are manufacturers of lightning systems and also deal in its installation. - As of now we have two assembly lines with a manufacturing capacity of 1,000 per annum. - We cater to dealerships, small & large contractors, industrial and corporate companies. - Currently, we are working on 4 tenders. - Our company earns equal revenue from all three activities which include manufacturing and installation of lighting systems, tenders, safety management & audit services. - This is a family-owned business with three owners. The promoter's father has the maximum stake and the rest of the stake is equally distributed between the promoter and his mother. - The business has taken loans previously, the details of which will be disclosed later. - There was a reduction in last year's sales due to Covid but as the economy re-opens we are expecting more projects and a high growth rate.
6.8   Surat
Run Rate Sales
USD 430 thousand
EBITDA Margin
10 - 20 %
Business Loan
USD 400 K at 16%
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Fabricated Metal Products Company Seeking Loan in Surat, India

Company constructs fixed and movable fabricated steel structure for clients including ONGC and IOCL.
- We are into construction of pre engineered building which is a fabricated steel structure for industries such as Oil & Gas, Textile and Warehouse. - Have completed more than 100 projects till date. - Have served multiple large clients including ONGC and IOCL, L&T, Adani. - Founder has 17 years of industry experience.
6.9   Surat
Run Rate Sales
USD 600 thousand
EBITDA Margin
20 %
Business Loan
USD 240 K at 10%
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Engineering, Procurement & Construction Company Seeking Loan in Surat, India

Mechanical construction company engaged in installation, O&M, maintenance of power plants andinstallation of heavy industries.
- We are establishing ourselves as a main contractor for installation of Turbine and associated critical works. There are only few competitors in this segment, mainly from unorganized or family driven companies. We would like to bring professionalism in this segment and expect to position ourselves in the top order. - We are a group of professionals from a German Engineering and construction company, have come together and just established the venture and received an order in consortium with one of the established companies in this segment. - We are in the last stage of finalizing the project. - The project can make a monthly turnover of Rs. 2 crore. - In a high-growth scenario, BRIDGE TO INDIA foresees 7.3% annual growth rate in power generation over the next 20 years in India. - It is more than five-fold increase to almost 5,000 TWh of electricity – just above what China or the US generate today. - In a business as usual scenario (coal-heavy) India would need to add 869 GW in the next 20 years.
6.6   Surat
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 360 K at 13%
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Jewellery Company Seeking Loan in Gujarat, India

Jewellery manufacturing company operating in Gujarat, selling their jewellery exclusively through own retail store.
- A jewellery manufacturing company located in Gujarat. - We manufacture gold, silver and diamond jewellery. - We have our own manufacturing unit, and we also outsource a part of the manufacturing to a third party. - On a monthly basis the manufacturing unit produces on an average 1,500 grams of jewellery. - We have 20 suppliers from whom we procure materials from. - The company also has a retail store. The jewellery we manufacture is sold exclusively through this store under our brand name. - The store receives 150 customers on a monthly basis. - We intend to open more stores, for which we require funding.
7.1   Gujarat
Run Rate Sales
USD 300 thousand
EBITDA Margin
0 - 10 %
Business Loan
USD 1.4 Mn at 10%
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Microfinance Company Seeking Loan in India

Microfinancing business lending to 80,000+ women entrepreneurs in the low-income group across India.
- Microfinancing company promoted by a group of accomplished individuals with nearly 120 years of cumulative experience in running financial services. - Lends to women entrepreneurs in the low-income category. These women are typically equipped with skills to take up sustainable micro-businesses, and access to timely funds is transforming lives. - Have 80,000+ cumulative loan members (all women) with a 99 % on-time repayment rate. (Due to Covid the current collection rate is around 85% + and is expected to reach 99% by the end of the year. ) - Has distributed INR 2,000 million+ (cumulative loans) and current outstanding portfolio of INR 500 million. - Has a model that enables a group of individuals (usually five) to take loans for income-generating activity by forming a group, wherein group members guarantee each other's loans. - Has own ERP system which gives adequate MIS data for - Capital Adequacy Ratio (CAR), Liquidity Risk Management, Interest Rate Coverage, Debt Equity Ratio and Reports relating to day-to-day activities of branches. - Approach post disbursement: Program monitoring and supervision: If required, providing the additional top-up loans. Women entrepreneurs are covered by microinsurance. - Loans ranging from INR 20,000 (USD 300) to INR 60,000 (USD 900) with up to 24 months repayment duration and monthly EMI and 22% rate of interest. - Have a license from RBI for micro-financing.
8.1   India
Run Rate Sales
USD 1.4 million
EBITDA Margin
7 %
Business Loan
USD 600 K at 12%
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  • How many businesses for takeover in Surat are listed on SMERGERS?
    There are 5 active and verified businesses for takeover in Surat listed on SMERGERS as of 18 April 2024.
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