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    Solar Products Company Seeking Loan in Sriperumbudur, India

    High-efficiency solar panel manufacturer from Chennai seeks loan to increase production capacity.
    Established 1-5 year(s)
    Employees 5 - 10
    Legal Entity Private Limited Company
    Reported Sales USD 54 thousand
    Run Rate Sales USD 430 thousand
    EBITDA Margin 25 %
    Industries Solar Products
    Locations  Sriperumbudur
    Local Time 1:02 PM Asia / Kolkata
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    6.6 / 10
    Compare with industry
    Seeking Loan
    USD 240 thousand for 15.0% annual interest, 3 years (Native Currency: INR 20,000,000)
    Reason: To increase production of solar panels.
    Collateral Available: USD 36 thousand
    Includes physical assets worth USD 360 thousand
    Interested to connect with advisors
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Documents
    ROC-Verification.pdf
    ROC-Verification.pdf (66.3 KB)
    Business Overview

    - We have established relationships with panel distributors in Tamil Nadu, Kerala, and Andhra Pradesh.

    - We are planning to start manufacturing on a 2-shift basis.

    - We have B2B and OEM clients with 1 local and 1 international client.

    - Our production capacity is 100 megawatts.

    - We got all our machinery installed during the last year-end and start full-fledged operations only recently which is why our sales have grown.

    - We have more employees but they are on a contractual basis.

    Products & Services Overview

    Solar Panels 530-550Wp.

    Solar Panels 400-450 Wp.

    Assets Overview

    Tangible asset:

    Machinery, equipment, interiors, and compressors.

    Facilities Overview

    We have a 15,000 sq ft manufacturing facility in Sriperumbudur, Chennai.

    Capitalization Overview

    There is no debt.

    The business is completely self-funded with 2 directors with an equal stake.

    Recent Activity
    • Earlier than 15 days
      Founder, Mumbai, Financial Consultant connected with the Business
    • Earlier than 15 days
      Individual Advisor, Chennai, Financial Consultant connected with the Business
    • Earlier than 15 days
      Director, Mumbai, Financial Consultant connected with the Business
    Tags:

    Solar Products Company Seeking Loan in Sriperumbudur, India

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    Solar Products Company Seeking Loan

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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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