The partnership moulded by a pandemic.

The Beginning 

Sharma Metalloys Pvt. Ltd. started with a vision to help uplift the community. With no backup plans, my father, Mr. Chander Mohan Sharma dived headfirst into manufacturing for the sole purpose of helping the socio-economic condition of our community. 

The Challenge 

When the pandemic hit, our operations suffered. We had to shut down for almost three months. On top of that, we had to pay detention charges to the shipping lines against containers that couldn’t be released, we paid all the workers full salaries on time while also taking care of their rent and food, and we were already paying EMIs of approximately Rs. 35 lakhs for expansion. The uncertainty of times also added to our problems, because of which we had to liquidate fixed assets. 

The Partnership of Success 

But at the time of need, HDFC Bank really stepped up and gave us the support we needed from our banking partner. They helped us with emergency credit and working capital funds when other banks refused. They also stood by us in 2021 when my father, Mr. CM Sharma passed away after we bought a new factory, by allowing us time to get back on track despite hurdles in the transfer of property of the old factory. Today we are a flourishing business, looking to expand even more with exports and new alloys, all thanks to HDFC Bank.  
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To all the new entrepreneurs out there I would like to say, don’t worry about planning everything, business never goes according to plan. But choose the right partner, who can support you and help you figure a way out.