Business Overview
- A coal trading business based in Jhansi, which started operations 8 years ago.
- We purchase coal from various mines in West Bengal, Madhya Pradesh, and Jharkhand.
- The coal is then sold to retail customers and dealers.
- Selling 500 tons of coal every month to retailers and dealers.
- For dealers, we sell on a truck basis. One truck contains at least 25,000 kg of Coal and can go up to 45,000 kg.
- Currently, we have 200 buyers.
- The business has 3 permanent employees, and labourers are employed contractually depending on the contracts.
- We export to countries like Nepal and Bhutan.
- The business has a GST license andan export license.
Products & Services Overview
We participate in government coal auctions to purchase coal, which is then distributed to our network of dealers and retailers.
Capitalization Overview
The business is debt-free, and there is only one proprietor.
Coals gst.
Assets Overview
Tangible assets:
Office, furniture, and laptops.
Intangible assets:
- GST certificate.
- Export license.
Seeking Loan
INR
25 lakh
for
17.0%
annual interest,
3
years
(Native Currency: INR 2,500,000)
Reason:
This investment will support business scaling, with a valuation structured around present operationa...
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Collateral Available: INR 25 lakh
Includes physical assets worth
INR
47 lakh
Interested to connect with advisors
In talks with 3 Investors