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Pumps Business Seeking Loan in Gwalior, India

Water pump manufacturing business require funds to start the operations.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Pumps
Locations  Gwalior
Local Time 8:49 PM 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: For purchase of machines and working capital.
Collateral Available: USD 100 thousand
Includes physical assets worth USD 80 thousand
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Business Name
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Business Overview

- A water pump manufacturing business based in Gwalior.

- We are still in the pre-revenue phase and require funds to purchase machinery for the manufacturing unit.

- Manufacturing unit is in Gwalior and is owned by the business.

- Products will be sold through distributors and directly to end customers.

- Our customers include the B2B and B2C market.

- Products will be sold under our own brand name.

- Raw material will be purchased from suppliers in Delhi, Gujarat, and Gwalior.

- Business owner has 16 years of experience as a design engineer, service engineer for water pumps in MNCs.

Products & Services Overview

Manufacturing water pumps and pumping solutions for domestic, agriculture and industrial sector.

Assets Overview

Building, furniture, machines, tools, vehicle, and inventories.

Facilities Overview

Manufacturing unit is owned by the business and has an area of 2,400 Sq. Ft.

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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