Business Overview
- Our client's big steel plants in India like JSW Ltd, JSPL, SAIL, Vedanta ESL, Evonith Steel, Arjus Steel, JSL, and Bajaj Mukund Ltd.
- Our revenue has increased significantly since the number of clients has increased.
- We need fewer employees since most of the process is automated.
- Manufacturing capacity is 6,000-7,000 tonnes yearly.
- We procure the raw material (pure calcium granules) from China.
Products & Services Overview
Cored wire manufacturers. There are 5 & 6 companies only in India manufacturing this product. It is used in big steel plants. Our product is copyrighted and also number one in quality. We have a lot of orders but we have a problem of funds.
Capitalization Overview
- We have three directors with equal shareholding.
- Business has a loan of INR 1.5 crores and a CC limit of INR 4.5 crores.
Assets Overview
Tangible assets include land area of 30,000 sqft area, stock, machinery, tools, and raw materials.
Partial Stake Sale
USD
1.2 million
for
15.0%
stake
(Native Currency: INR 100,000,000)
Reason: Need funds to fulfill the existing orders.
Includes physical assets worth
USD
1.8 million
In talks with 3 Investors
Contact Business