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Industrial Businesses Seeking Loan in Bhiwadi

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Foundry Seeking Loan in Bhiwadi, India

ISO certified manufacturer of steel wires with a daily production capacity of 100 tons.
- Manufacturer of galvanized wires, low carbon wires, cable armoring wire and strip, and stitching wires. Galvanized steel wires are our most popular products. - Our factory has a daily production capacity of 100 tonnes per day. Our capacity utilization rate is 85%. - We are an ISO 9001:2008 certified company. - Our prestigious clients include Havells, KEI, KEC, Cords Cable, Cable Corporation Of India, and Polycab. - We receive our raw materials from 10+ suppliers like Jindal Steel, Tata Steel, Bhushan Steel, Steel Authority of India. - We have an inventory of INR 12 crore. - Our business has an outstanding loan of INR 20 - 25 crore at an interest rate of 12% - Our factory is not operational currently due to the ongoing pandemic. - Physical assets value is high because the property is owned by the promoter and there is heavy machinery involved like furnaces, drawing blocks etc.
7.5   Bhiwadi
Run Rate Sales
Nil
EBITDA Margin
8 %
Business Loan
USD 4.8 Mn at 12%
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