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Electric Construction Businesses Seeking Loan in Pune

Showing 1 - 1 of 1 Electric Construction Businesses Seeking Loan in Pune. Lend to an Electric Construction Business.

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Electric Construction Company Seeking Loan in Pune, India

Solar EPC company seeks working capital funding of INR 10 crore for upcoming solar projects.
EPC business with a focus on solar EPC. - We are a fast-growing company with an estimated turnover of 200 crores this year (subject to completion of two projects). - We have two upcoming projects for which we have already received the work orders. A. Project 1 is an 18 MW solar rooftop project with a total outlay of INR 110 crore. Slated to be completed in the next 6 months. B. Project 2 is a 10 MW solar project with an outlay of INR 50 crore. - The funds will be used for both projects. - We have a 10-year O&M (operations and maintenance) contract for project 1. - Last year's sales are zero as we did not undertake any project through this company. - The company has 10 shareholders, and the shareholding pattern is as follows - 40%, 25%, 10%, and the remaining 25% is split among 7 shareholders. - All the shareholders are engineers and have decades of EPC experience. - We are engineers with a focus on innovation. - No pending loans in the name of this company.
5.6   Pune
Run Rate Sales
USD 700 thousand
EBITDA Margin
Nil
Business Loan
USD 1.2 Mn at 8%
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