Industrial Businesses Seeking Loan in Ahmednagar

The business, situated in Ahmednagar, specializes in manufacturing hydraulics, electrical, and pneumatic equipment, as well as agro machines. - The manufacturing unit has the capacity to produce 10-15 pieces per day, with the top-selling products being hydraulic scissor lifts and hydraulic press machines, which collectively contribute to 40% of the revenue. - Despite slight fluctuations in monthly sales, the business maintains a healthy profit margin of around 40%. - Operating primarily on a retail basis, the business serves approximately 10-15 customers daily. - We conduct operations both online and offline, with around 20% of our orders originating from online channels. - The workforce comprises 6 permanent employees and 10 contract workers. - Various operating expenses are incurred, including rent for its unit, salaries for employees, and the purchase of spare parts for manufacturing products. - No specific licenses or approvals are required for the current operations. - In the near future, the business plans to establish a new manufacturing unit in Assam, focusing on the production of electric vehicles, within the next 1-2 months.

We procure raw materials from local vendors and have tied up with manufacturing units for making the components. - Assembly of the machines is done at our rented shop and we currently assemble 300 machines on a monthly basis. - We have 400+ clients pan India including Hindustan Unilever, Mahindra & Mahindra, and we also provide machine assembly services to 10+ clients (other vending machine brands). - Have installed over 2,000 machines since inception, and there are over 1,00,000 female users between the age of (11 years & 50 years) both in rural and urban India, in less than 2 years of sales. - Have 10 permanent staff, and 20+ contract employees for reselling and on-site installation and servicing. - Competition is limited and we have a good lead in the corporate & education sector, especially in one of the states that we operate. - Menstrual hygiene & sanitation (both for the user & for the environment) is a USD 992.8 million dollar industry expected to grow at 15.4% (CAGR) between 2019-2024. - We started our operations much later post our incorporation since we spent significant time in market research, development & design of products, and vendor acquisition. - Business owned assets include computers and assembly equipment.

We procure raw materials from local vendors and have tied up with manufacturing units for making the components. - Assembly of the machines is done at our rented shop and we currently assemble 300 machines on a monthly basis. - We have 400+ clients pan India including Hindustan Unilever, Mahindra & Mahindra, and we also provide machine assembly services to 10+ clients (other vending machine brands). - Have installed over 2,000 machines since inception, and there are over 1,00,000 female users between the age of (11 years & 50 years) both in rural and urban India, in less than 2 years of sales. - Have 10 permanent staff, and 20+ contract employees for reselling and on-site installation and servicing. - Competition is limited and we have a good lead in the corporate & education sector, especially in one of the states that we operate. - Menstrual hygiene & sanitation (both for the user & for the environment) is a USD 992.8 million dollar industry expected to grow at 15.4% (CAGR) between 2019-2024. - We started our operations much later post our incorporation since we spent significant time in market research, development & design of products, and vendor acquisition. - Business owned assets include computers and assembly equipment.