Manufacturing Business Raising Funds In Chennai
Product / Service
They are a manufacturing business involved in Rubber molding and Plastic Molding.
Clientele type
They have 4 clients from which they receive most of the orders, but the biggest client is JK Fenner.
Premises
LEASED
Lease per month (in INR): 4,000
Security Deposit (in INR): 15,000
Carpet Area: 200 sq ft
The workshop is located in a residential area, in Chennai.
Asking Price Includes
The interest rate is open for discussion.
Reason
For expansion Purposes. They have orders but need funding for operations.
Other Details
They have lots of orders in hand, and for that, they need to improve the manufacturing capacity by buying machinery and a task force.
The Promotor has a background in Mechanical Engineering and has worked at MNCs like Johnson Electric, Before starting his own business in 2017. He was also working as a director in a Pvt Ltd Company with his friends till January 2023.
Business Tags
₹10 to ₹200 Cr
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