Home Appliances Business Seeking Loan in Chennai, India
Manufacturer of home appliances at our own manufacturing unit under our brand name.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 130 thousand |
| Run Rate Sales | USD 130 thousand |
| EBITDA Margin | 9 % |
| Industries | Home Appliances |
| Locations | Chennai |
| Local Time | 12:49 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
32 thousand
for
11.0%
annual interest,
5
years
(Native Currency: INR 2,700,000)
Reason: To expand our manufacturing unit.
Collateral Available: USD 0
Includes physical assets worth
USD
40 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- 2016 established company manufacturing home appliances like LPG stove, induction stove and emergency light.
- We have our manufacturing unit and we sell the products under our own brand.
- We import half of the raw materials required from China.
- On a monthly basis we manufacture 1,500 units of induction stove and 1,200 units of LPG stove.
- We have 120 counters in Tamil Nadu where we sell our products.
- Promoter has an industry experience of 20 years.
Products & Services Overview
LPG stoves, Induction stoves, Emergency lights.
Facilities Overview
Manufacturing unit of 2,500 Sq Ft on lease.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Wires Manufacturers, Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysTesting Engineer, IT, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Partner, Agro Import & Export, Chennai, Corporate Investor / Buyer connected with the Business
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