We all know that the TMT bars are the most important construction materials used in building structures.
If you have the plan to start a steel TMT bar-related business, then you can start a TMT bar trading business by partnering with any known TMT bar brands.
In this article, we will give you complete information about the Jindal Panther dealership, which includes dealership cost, profit margin, licenses and documents required and how to apply for the dealership etc.
Why choose Jindal Panther?
Jindal Panther, owned by Jindal Steel and Power Limited, was launched in 2013. Company has the its headquarters in Gurugram, Haryana.
High-strength TMT bars produced under the Jindal Panther brand name have superior bending, ductility and welding properties. These bars are produced using the latest HYQST technology.
Jindal Panther products include TMT rebars, cut & bend rebars, welded wire mesh, footings, binding wire and stirrups.
These TMT bars are produced in state-of-the-art manufacturing facilities located in Odisha, Jharkhand and Chhattisgarh states. The company has an annual manufacturing capacity of 2.8 metric tonne rebars.
Licenses and Registrations required
These are the licenses and documents required to start a Jindal Panther dealership.
- Business Registration – Sole proprietorship is enough
- Shop & Establishment Registration – from the state board
- GST certificate
- IT returns/Previous bank statement – for financial background verification
- Valid land documents / Lease agreements.
If you lack capital, then you can approach banks like SIDBI for a business loan.
Jindal Panther Dealership Cost
To start a Jindal Panther dealership you need an investment of around 10 lakhs to 12 lakhs.
Here is the break-down of the investment,
- Dealership Security Deposit -> 75,000 rupees
- Initial inventory/stock purchase -> 8 lakh to 10 lakh rupees
- TMT bar cutting machine -> 15,000 rupees
- weighing machine -> 13,000 rupees
- Shop Interior and Warehouse -> 85,000 rupees
- Labour for loading and unloading (1st-month salary) -> 30,000 (2 nos)
- Shop security deposit – Extra
The monthly expenses include Shop rent, labour salary, stock purchase, utility bills, etc.
Profit margin in Jindal Panther dealership
In any TMT bar dealership, you can expect a profit margin of around 1% to 1.5% of your gross sales.
These profit margins are decided by the bonuses and schemes offered by the company.
If you make more monthly sales, you are likely to get a better discount from the company. You will also be offered various schemes and bonuses.
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How to get Jindal Panther Dealership?
To get a Jindal Panther dealership, you need to contact your regional sales/business development officer. You can get his number by calling Jindal Panther’s toll-free number 1800 208 2008.
Once you get in touch with the regional manager, he will guide you about the next steps.
There should not be any other Jindal steel dealer in a 2-3 kilometre radius of your shop. If there is any Jindal Panther dealer nearby, then the chances of you getting a dealership are very less.
How to apply for the Dealership?
You can apply to Jindal Panther by calling their toll-free number 1800 208 2008. You can also apply at their official website.
Also, visit them at –
Jindal Steel & Power, #2, Sector 32, Exit 10 Gurugram – 122001.
FAQ about Dealership
How much investment is required for the Jindal Panther dealership?
You require a 10 lakh to 12 lakhs investment to start a dealership
Shop space required for the Jindal Panther dealership?
The minimum space required is 500 square feet
Profit margin in Jindal Panther dealership?
You can expect a profit margin of 1% to 1.5% on gross sales.
How to contact Jindal Panther?
You can call Jindal Panther by calling their toll-free number 1800-208-2008.
I hope this article has resolved many of your doubts about the Jindal Panther dealership, if you have any suggestions feel free to mention them in the comment box below.