Biodiesel Business Seeking Loan in Gwalior, India

Seeking funds to setup a biodiesel plant in Indore on a 50K sq ft land.

Established	1-5 year(s)
Employees	Undisclosed
Legal Entity	Limited Liability Partnership (LLP)
Reported Sales	Nil
Run Rate Sales	Nil
EBITDA Margin	Nil
Industries	Biodiesel
Locations	Gwalior
Local Time	6:58 PM Asia / Kolkata
Listed By	Business Owner / Director
Status	Active

7 / 10

Compare with industry

Seeking Loan

USD 400 thousand for 15.0% annual interest, 5 years (Native Currency: INR 35,000,000)

Reason: To setup the plant and buy raw materials, as we have a very huge demand we are just going to provide... View More

Collateral Available: USD 0

Name, Phone, Email

Available after connect

Business Name

Not disclosed

User Verification

Documents

ROC-Verification.pdf (59.1 KB)

Business Overview

Our company is raising funds to set up a biofuel (solid form) plant to produce biofuel using agricultural waste. We have identified land of 50K sq ft in Indore which we would either buy or take it on lease. We plan to set up this plant to serve the demand of NTPC Limited. Have participated in the tender and we are amongst top 5 companies who would be selected for 4 years tender term with NTPC Limited.

The plant would have the output capacity of 20 tons per day. Director of the company has good experience in this industry and is running 2 other firms in the same industry that generates a total annual turnover of INR 8 crore.

Since this entity is a startup, we do not own any physical assets.

Products & Services Overview

Biofuel produced from agricultural waste.

Facilities Overview

Registered in Gwalior.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Partner, Hotel, Delhi, Individual Investor / Buyer connected with the Business
Earlier than 15 days
System Analyst, IT Services, Kitchener, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Director, Construction, Indore, Corporate Investor / Buyer connected with the Business

Tags:

Newly Established Biodiesel Business Seeking Loan in Gwalior, India

Lend to Newly Established Biodiesel Business in Gwalior, India

Newly Established Biodiesel Business Seeking Loan

Lend to Newly Established Biodiesel Business

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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.

Contact Business

2 Investors viewed this Business this week.
Register below to connect now!

You might also be interested in these businesses

Frequently
Asked
Questions

Why can’t I see the business’ name or contact number? How do I contact the business?

All business profiles on SMERGERS are displayed on a “no name” basis to protect the confidentiality of the business. You can register as an investor, acquirer, lender or advisor on …read more
What level of due diligence does SMERGERS conduct on the businesses/member?

SMERGERS scrutinizes all profiles and only features a select group of businesses, investors, advisors that meet a basic requirement. When required, certain members may have submitted some form of proof …read more
How active are the business profiles listed on SMERGERS?

We regularly filter out businesses which are inactive or have already closed a transaction. Typically, if the business is actively looking to sell/raise capital, the status is shown in green.
How does SMERGERS rate business profiles?

SMERGERS considers valuation attractiveness, profile completeness, activity level, feedback received from members and other additional parameters to arrive at a composite score to rate business profiles. SMERGERS compares the financial …read more
Do I need to pay to connect with a business?

The first two introductions are free, post that you will need to subscribe to one of our member plans. There are no other charges if you close a transaction. We …read more