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Testing, Inspection & Certification Company Seeking Loan in Chennai, India

Chennai-based medical equipment testing laboratory is in search of financial support to grow its business.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 330 thousand
Run Rate Sales USD 356 thousand
EBITDA Margin 7 %
Industries Testing, Inspection & Certification
Locations  Chennai
Local Time 5:55 AM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 356 thousand for 10.0% annual interest, 5 years (Native Currency: INR 30,000,000)
Reason: The loan will be required for business expansion and for buying and building more equipment. The ow... View More
Collateral Available: USD 35.6 thousand
Includes physical assets worth USD 53 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Pitch Deck
Business Overview
- Electronic device testing company located in Chennai.
- Specializes in testing medical devices.
- Conducts more than 40 tests monthly.
- Partnerships with over 20 clients.
- The founder has nearly a decade of industry experience and has established several other reputable companies.
- The laboratory is NABL accredited.
- GST available.
Products & Services Overview
We provide electrical testing and installations for medical devices.
Assets Overview
The physical assets owned by the business are:
- Electrical Test Equipment worth INR 40 lakh.
- Laptops.
The intangible assets include:
- Accreditations.
- Brand value.
Facilities Overview
Business operates a 2,000 square feet office, and a 4,000 square feet lab in the Chennai industrial area.
Capitalization Overview
- The business has been self-funded by the 2 shareholders, holding 75% and 25% respectively.
- There are no loans, and the business is debt free.
Recent Activity
  • 1 week, 6 days ago
    Founder, Mumbai, Financial Consultant connected with the Business
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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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