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Agricultural Machinery Business Seeking Loan in Mungeli, India

Agro-equipment manufacturing company in Chhattisgarh manufacturing tractor trolleys and more with 12-15 orders/quarter.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 10 - 20 %
Industries Agricultural Machinery
Locations  Mungeli
Local Time 1:26 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 60 thousand for 10.0% annual interest, 10 years (Native Currency: INR 5,000,000)
Reason: To increase the production quantity.
Collateral Available: USD 0
Includes physical assets worth USD 36 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview

- An agricultural tractor equipment manufacturing company located in Mungeli, Chhattisgarh.

- Our products include tractor trolleys, tractor bumper, threshing wheel, cultivator, cagewheel and levlar.

- We supply our products to local farmers in Sarangarh, Mungeli, Bilaspur and other small districts in Chhattisgarh.

-Raw materials are sourced from Raipur, Chattisgarh and from Punjab.

- Average value of our products is ~ INR 1.5 - 2 lakh.

- We manufacture about 100 equipment in a year. Orders are received on quarterly basis. We get about 12-15 orders in a quarter.

- We also do repairing works of similar equipment for local farmers.

Products & Services Overview

Our products include tractor trolleys, tractor bumper, threshing wheel, cultivator, cagewheel and levlar.

- Top selling product is tractor trolleys.

- We supply our products to local farmers in Sarangarh, Mungeli, Bilaspur and other small districts in Chhattisgarh.

Assets Overview

Manufacturing machineries, stock, office equipment, furniture and laptop.

Facilities Overview

Own property - manufacturing plant and office in an area of 6,500 sq. ft.

Capitalization Overview

The business is funded by the business owner.

Have an INR 72 lakhs CC limit from the bank.

There is one director, holding 100% ownership.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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