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Building Contractor Seeking Loan in Chennai, India

Contracting firm with 9 completed projects seeking debt capital to fund the upcoming project.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 228 thousand
Run Rate Sales USD 212 thousand
EBITDA Margin 15 %
Industries Building Contractors
Locations  Chennai
Local Time 1:55 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 17.7 thousand for 12.0% annual interest, 2 years (Native Currency: INR 1,500,000)
Reason: To fund the working capital of the upcoming project. This is part of expense that we typically incur... View More
Collateral Available: USD 0
Includes physical assets worth USD 650 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Chennai-based contracting firm providing designing, renovating, and interior designing services.
- We have completed 8 residential and 1 commercial project since inception with an average measurement of 50,000 sq. ft. build-up area.
- One project worth INR 5.5 crores is in the pipeline.
- Average project value is INR 5 crores with an average duration of 12 - 14 months.
- We take up projects on a contract basis and do not have any fixed clients.
- Have fixed vendors for all the construction material.
- Promoter has 10+ years of experience in the industry.
- Business experienced a small drop in revenue due to the ongoing pandemic.
Products & Services Overview
Contracting and designing, renovations, and interiors designing.
Assets Overview
Building, office furniture, and office equipment.
Facilities Overview
Owned office measuring 8,000 sq. ft. build-up area.
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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