Newly Established Scrap Metal Company Investment Opportunity in Bangalore, India
Established | 0-1 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 70 thousand |
Run Rate Sales | USD 360 thousand |
EBITDA Margin | 0 - 10 % |
Industries | Scrap Metal |
Locations | Bangalore |
Local Time | 2:03 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Scrap trading firm located in Bangalore operating under a Business-to-Business (B2B) model.
- The company deals in a wide range of scrap materials including solar modules, aluminium, copper, industrial waste, mild steel, stainless steel, IT waste, and precious metal such as gold and silver.
- Currently serves several notable corporate clients including ITC, Renewsys, Emmvee, Larsen & Toubro, and BHEL.
Scrap materials are sourced from these corporates and traded to recycling companies.
- The company is planning to expand to recycling for solar panels.
- Despite being established just four months ago, the company has demonstrated remarkable growth, crossing a business turnover of INR 1 crore. This is the reason for the high growth in turnover as compared to last year.
- The company aims to achieve a projected turnover of INR 25 crore by the next year.
- In addition to the 5 permanent employees, there are additional contract labour workers.
Scrap materials include:
- Solar modules.
- Aluminium.
- Copper.
- Industrial waste.
- Mild steel.
- Stainless steel.
- IT waste.
- Precious metal (gold, silver etc. , )
Scrap materials are sourced from these corporates and traded to recycling companies.
Physical assets include materials, electronic equipment, furniture etc.
Rented warehouse / godown of about 6,500 sqft, located in Kamakshipalya, Bengaluru.
Business is currently under debt & bootstrapped.
We are looking for investment to scale which is been a barrier to us to scale and take the deals.
Currently working as per the capital we get but there are 'n' number of deals present where we could actually make more profits.
For this, we would require co-founders and raise capital so that there would be no stop under our business.
The business has 2 directors/shareholders.
-
Earlier than 15 daysDirector, Calibration Solutions, Indore, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysMechanical Engineer, Construction, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysSenior Manager, Biopharmaceutical, Seoul, Individual Investor / Buyer connected with the Business