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Scientific Equipment Company Seeking Loan in Chennai, India

Electrical and analytical instrument supplier based in Chennai, seeks loan to expand.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 700 thousand
EBITDA Margin 10 - 20 %
Industries Scientific Equipment
Locations  Chennai
Local Time 8:32 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 30 thousand for 10.0% annual interest, 10 years (Native Currency: INR 2,500,000)
Reason: Seeking funds for expansion.
Collateral Available: USD 60 thousand
Includes physical assets worth USD 90 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Business is a supplier and service provider for electrical and analytical instruments.

- We are based in Chennai and have clients in Kerala and Andhra Pradesh as well. We are planning to expand in southern India eventually.

- We source our products from 7 local vendors and manufacturing units.

- Business is new and we currently have sundry customers who are mainly pharmaceutical companies, wholesale shops, and private customers.

- We are also in contact with 450+ potential clients to take further orders.

- The owner has 10+ years of experience in this industry and enough knowledge about the mechanics of instruments and technical know-how.

Products & Services Overview

Business provides electrical instruments, analytical instruments, general lab equipment, microscopy, life science equipment, chromatography columns, and other instruments like RT- PCR equipment, DNA Sequencer, UV VIS, spectrophotometer, FTIR, microscopes, etc.

Assets Overview

Business owns a 2,400 sq. ft. warehouse in Chennai and inventory.

Facilities Overview

We have a 2,400 sq. ft. warehouse in Chennai. Back end operations are handled remotely.

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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