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    Medical Equipment Wholesale Company Seeking Loan in Chennai, India

    Chennai-based distributor of medical equipment and servicing company with more than 120 customers seeking loan.
    Established 1-5 year(s)
    Employees 2 - 5
    Legal Entity Private Limited Company
    Reported Sales USD 100 thousand
    Run Rate Sales USD 120 thousand
    EBITDA Margin 10 - 20 %
    Industries Medical Equipment Wholesale
    Locations  Chennai
    Local Time 12:09 PM Asia / Kolkata
    Listed By Business Owner / Director
    Status Moderately Active
    Overall Rating
    5.6 / 10
    Compare with industry
    Seeking Loan
    USD 36 thousand for 15.0% annual interest, 8 years (Native Currency: INR 3,000,000)
    Reason: Expansion of the company and working capital. The funds will also be used to purchase the exit stak... View More
    Collateral Available: USD 0
    Includes physical assets worth USD 1.8 thousand
    Interested to connect with advisors
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Documents
    ROC-Verification.pdf
    ROC-Verification.pdf (74.2 KB)
    Business Overview

    - Distributors of diagnostic equipment, critical care equipment, personal care equipment, and point of care testing (POCT) equipment in Chennai.

    - The medical equipment is sold in hospitals, and labs in Chennai and Andhra Pradesh. Currently, we have more than 120+customers.

    - Some of our well-known clients include Chennai Urology and Robotics Institute, Rado labs, and the Central University of Tamil Nadu.

    - The company procures medical equipment from manufacturers located in Chennai, Gujarat, Kerala, and Delhi.

    - The company has 5 directors with a shareholding of 21%, 20%, 20%, 20%, and 19% respectively, and do not have debt or liabilities.

    Products & Services Overview

    Distribution and servicing of diagnostic equipment, critical care equipment, personal care equipment, and point of care testing (POCT) equipment.

    Assets Overview

    Tangible- Office setup.

    Intangible- license and brand.

    Facilities Overview

    We have a rental office space of 1,250 square feet with a monthly rent of INR 12,500/-

    Capitalization Overview
    Not Disclosed
    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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