Loan Amount: ₹20.5 million
Use of Capital: Working Capital
Location: Palghar, Maharashtra
Centech Engineers Private Limited
Red Fort Capital announces disbursement of Rs 20.5 million as a working capital loan and invoice discounting facility to Centech Engineers Private Limited. These facilities will help Centech Engineers maintain cash flow, enabling the business to cover its expenses, invest in growth opportunities, meet financial obligations and complete its work orders.
Incorporated in 2006, Centech Engineers Private Limited, is engaged in designing, consulting, and commissioning HVAC (Heating, Ventilation, and Air Conditioning) and mechanical, electrical, and plumbing projects. Strong expertise, impeccable engineering experience and robust manufacturing capabilities make Centech a name to reckon in the field of Pharmaceutical Air Conditioning, Refrigeration, Ventilation & Bio Clean Room industries for over two decades offering simplified solutions to complex problems. Centech Engineers has served many companies from different fields like Pharmaceuticals, Chemicals, Biotechnology, Diagnostics Laboratories, Health Care, etc.
Centech Engineers’ clientele include well-known companies like RPG Lifesciences, Lupin, Theon, Lomus and others. The company delivers its successful solutions both domestically and internationally and its export market covers Nepal, Togo, Ghana and Algeria.
This disbursement is a testament to the confidence that Red Fort Capital has in Centech Engineers’ potential and its ability to make a significant impact in its industry. This funding to Centech Engineers Private Limited represents a significant step as it not only provides Centech Engineers with the financial resources to achieve its growth ambitions but also highlights Red Fort Capital’s dedication to promoting innovation and excellence in the Indian business landscape.