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Tiles Manufacturing Company Seeking Loan in Morbi, India

Manufacturers of tiles and supplying to 350 clients seeks a loan.

Established 5-10 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 5.6 million
Run Rate Sales USD 7 million
EBITDA Margin 8 %
Industries Tiles Manufacturing
Locations  Morbi
Local Time 4:10 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.2 million for 9.0% annual interest, 6 years (Native Currency: INR 100,000,000)
Reason: Need funds for business expansion and improve the cash flow.
Collateral Available: USD 0
Includes physical assets worth USD 1.2 million
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Business Name
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Business Overview

- The manufacturing capacity of the facility is 2.6 lakh sqft daily.

- Currently supplying 300 retailers and 50 wholesalers.

- We have 60 permanent and 440 contract-based employees.

- The promoter has 10 years of experience in this industry.

Products & Services Overview

The company is involved in manufacturers of different varieties of tiles.

Assets Overview

Tangible assets include 60 bigah land, stock, and machinery.

Facilities Overview

The factory is located on an NH on 60 Bigha land. It is owned by the company.

Capitalization Overview

- Business is funded by a CC and personal funds.

- The company has 6 directors.

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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