Steel Businesses Seeking Loan

- Our unit commenced production in January 2020 and produces strapping goods as per ASTM standards. - We achieved manufacturing capacity of 12,000 tons in 2020 but the plant has a capacity of 24,000 tons per annum of high tensile steel strapping and 36 million seals. - 85 percent of our revenue is from producing and supplying high tensile strapping and the rest is from regular duty strappings and seals. - We supply goods in the domestic market to Steel Authority of India (SAIL) & Rashtriya Ispat Nigam Limited (RINL) along with over 120 small and large clients. All our products export to North America, Europe, Middle East, and Australasia as well. We hold no contract with these buyers but simply meet their purchase orders. - We are supplied with raw materials and working capital for production from JSW and Tata Steel. We possess no contracts with them either. - We have quality assurance laboratory established with computer controlled tensile, harness and corrosion testing machines. - Our company follows environment friendly practices by minimising emissions. We have tie-ups with 2 logistics firms for supply of products. There is no contract and the commission depends on the destination and volume. - The business invested heavily on building a suitable infrastructure during the first of operation due to which we did not exploit our complete production capacity nor did we take many purchase orders. This year due to a complete focus on production and increased demand, we increased our sales.

- Business manufactures and exports iron castings. - Products are supplied to 40+ European and Middle Eastern countries. - We provide good quality products to our network of loyal customers. - Have observed a growth rate of 30% in our sales. - Manufacturing capacity of the business is 48,000 tonnes per year. - Looking for investment to acquire a few distribution companies overseas. - Business has two partners with equal shareholding. - Have an ongoing loan of INR 20 crore. - Sales have increased due to an increase in the number of customers and export orders.

- Trader of fiber glass products majorly used by the construction industry. - We export it to countries like Malaysia, Korea and in the Middle East. - Have tie ups with 200+ clients. - We want to set up a manufacturing unit producing GRP and Steel Water Tanks. - The land has been identified and will be acquired after receiving funds. - Owner has 20 years of industry experience.

- It is a mineral processing and ferro alloy manufacturing unit. - Daily production capacity is 50 metric tonnes. - Have tie ups with 15 big clients like Jindal and TATA. - These products are used in steel industry. - Export it to countries like China, Korea, Netherlands. - Promoter has 9 years of industry experience.