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Tiles Manufacturing Business Seeking Loan in Kadapa, India

Business seeks funding to set up a manufacturing unit producing artificial slabs / tiles.
This Business is on a Premium Plan
Established Undisclosed
Employees < 2
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Undisclosed
Industries Tiles Manufacturing
Locations  Kadapa
Local Time 7:07 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 236 thousand for 10.0% annual interest, 7 years (Native Currency: INR 20,000,000)
Reason: To set up and kick start the business operations.
Collateral Available: USD 23.6 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Owner wants to set up a manufacturing unit which will produce artificial slabs / tiles.
- Will be selling it in the local market and will be targeting architects and builders.
- Expecting to generate a revenue of Rs. 1 cr at the end of first year.
- Looking for 2,000 Sq m of land in Kadapa, Andhra Pradesh.
- After securing the investment, we'll start the construction and finish it within 6 - 8 months.
- Owner has 45 years of experience and is also working in the same industry.
Products & Services Overview
- Various sizes of artificial quartz slabs and tiles.
Facilities Overview
In the process to acquire the land.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Partner, New Delhi, Financial Advisor connected with the Business
  • Earlier than 15 days
    Founder & CEO, Chennai, M&A Advisor 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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