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Electrical Component Company Seeking Loan in New Delhi, India

Manufacturers of self-sustaining electric vehicle technology seek funds to build a prototype.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Electrical Component
Locations  New Delhi
Local Time 10:04 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 240 thousand for 5.0% annual interest, 5 years (Native Currency: INR 20,000,000)
Reason: Need funds to build a prototype.
Collateral Available: USD 240 thousand
Includes physical assets worth USD 12 thousand
Name, Phone, Email
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Business Name
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Business Overview

- In order to build an EV-ready infrastructure across the nation, we are tirelessly adding something new to our lineup every year – from EV chargers to charger components and accessories.

- Our technical team understands the changing automotive landscape, and thus we are ready to meet the ever-rising need for top-quality EV charger solutions.

- The design of the product is almost complete and we are looking for funds for building a prototype.

- Since it is still in the designing stage, we are not generating revenue.

Products & Services Overview

Manufacturers of non-chargeable electric vehicle equipment, with a pending patent.

Looking to target individual customers.

Assets Overview

Tangible assets include tools, desktops, and office equipment.

Facilities Overview

The office is located in the west of the city on an 800 sqft area with a monthly rent of INR 25,000.

Capitalization Overview

- The company has 2 directors with 99% and 1% shareholding.

- Business has no loan.

Recent Activity
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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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