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Profitable Medical Devices Business Seeking Loan in Faridabad, India

Urology and respiratory products manufacturer with 10-12 active clients, seeking loan to increase working capital.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 130 thousand
Run Rate Sales USD 170 thousand
EBITDA Margin 30 - 40 %
Industries Medical Devices
Locations  Faridabad
Local Time 11:18 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 36 thousand for 11.0% annual interest, 5 years (Native Currency: INR 3,000,000)
Reason: Seeking loan to increase the working capital, so that we can cater all to the orders we receive. Th... View More
Collateral Available: USD 0
Includes physical assets worth USD 80 thousand
Interested to connect with advisors
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Business Name
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GST Registration
Business Overview

- Manufacturer of urology and respiratory products located in Faridabad, Haryana.

- Our products include urine collection bags, urometers with bottles, chest drain and abdominal drain bags.

- We have 10 to 12 active clients who are medical device manufacturing companies from Faridabad, Delhi, Gujarat and Maharashtra.

- Top clients include La-med Healthcare Pvt. Ltd and Viggo Medical Devices.

- We get orders on a quarterly basis for 10,000 to 20,000 pieces from these clients. We manufacture based on that.

- The value of these orders ranges between INR 5 lakhs to 10 lakhs.

- Raw materials are sourced from dealers based in Gurgaon, Maharashtra.

- The company has GST registration, Medical Device Authority (MDA) License and MSME registration.

Products & Services Overview

Products include urine collection bags, urometer with bottle, chest drain and abdominal drain bags.

Have 10 to 12 active clients who are medical devices manufacturing companies.

Assets Overview

Physical assets include machines - 15, 6 ACs, plant dyes and mold and office furniture.

Facilities Overview

Rented facility located in Pali Road, Faridabad of 3,000 sq ft area, 2 floors which includes manufacturing unit and office. Rent is INR 30k per month.

Capitalization Overview

The business is self-funded.

There are no outstanding loans or debts.

Having machine loan of INR 21 lakhs.

There is one director, holding 100% ownership.

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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