Newly Established Industrial Measuring Equipment Company Seeking Loan in Vadodara, India

- Online condition-based monitoring provider for the power and O&G sectors.

- We have penetration in 100+ oil and gas, power, private, and government B2B clients. Major clients include:

1. Adani Power, Solar, O&G.

2. Tata Power.

3. Powergrid.

4. Reliance industries.

5. Renew power.

6. Getco.

7. RRVPNL.

8. UPPTCL.

9. BRPL.

10. BYPL.

11. NTPC.

- Major clients like MNCs and PSUs are given the option for 30-day payment. Whereas we take cash in advance for smaller clients.

- We are in the works of establishing an in-house NABL-accredited lab.

- Our patent is being processed and the application has been published.

- The founder and owner who also owns the 75% stake has prior experience in the power and oil & gas sectors.

1. Online automatic voltage regulator of transformer OLTC.

2. Online wireless condition monitoring of mid and low-voltage distribution networks.

3. Online WTI /OTI that can monitor up to 8x Winding and 2x Oil temperature together, under the final development stage.

(WTI stands for Winding Temperature Indicator and OTI means Oil Temperature Indicator)

Items number 1 and 2 are the top selling right now. These products are used by power and oil & gas companies where they install our products to monitor transformers located in remote locations.

Our product enables the substation engineer to remotely monitor and control a transformer.

Fixed asset - INR 4.50 lakh.

Inventory: INR 2.00 lakh.

We have a leased corporate office of 300 sq. feet carper area in Vadodara. This is also our registered address.

Existed business funded by founders only, no debt and loan outstandings as of today, we have 3 shareholders 1 holds 75%, another holds 15% and the remaining 10% is with a third shareholder.