Need help?

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 12:10 AM 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
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
2 Investors already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more