Ashok Bricks Industries Private Limited

As part of Red Fort Capital’s commitment to empower the MSME sector in India, we have expanded our reach to MSMEs operating in remote areas. Red Fort Capital disbursed 5.4 crore rupees to Ashok Bricks Industries Private Limited, over a decade old road & railways construction company.

The firm is in the construction business and does multiple government related projects in Odisha. They required urgent capital to quicken the construction pace for existing work orders. Our team conducted extensive on-site due diligence in remote areas of Jharsuguda district to analyse the deal. The deal was approved basis strong cashflows and healthy margins of the company.

With our prompt 7-day loan, the firm was able to ensure timely procurement and construction of rural roads, ultimately improving the connectivity in the rural India.

Red Fort Capital’s streamlined, and entirely digital process helped the client to apply for loan from a remote location. Our commitment to serve Indian MSMEs in their growth trajectory along with our prior real estate expertise helped in underwriting the loan in record time. We are proud to serve more MSMEs.