Alternative Medicine Company Seeking Loan in Mumbai, India

Ayurvedic medicine manufacturing business seeking funds to set up its own manufacturing unit.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 5 thousand
EBITDA Margin 25 %
Industries Alternative Medicine
Locations  Mumbai
Local Time 11:05 PM India
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 27 thousand for 12.0% annual interest, 5 years (Native Currency: INR 2,000,000)
Reason: To begin construction and setting up of the manufacturing unit.
Collateral Available: USD 0
Includes physical assets worth USD 40 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview

- We have 7 Ayurvedic medicinal products for liver function, skin and hair oil, laxatives and to treat piles.

- Medicines are in capsule and tablet form.

- Currently get the products manufactured from a third-party.

- Products are sold through 2 medical representatives who further sell them to doctors and pharmacies.

- We have acquired an industrial land recently near Nagpur and we will begin to construct a new manufacturing unit there. Expect to complete the construction by next year.

- Have began work on developing 50 new Ayurvedic medicines.

Products & Services Overview

Ayurvedic medicines for liver function, skin and hair oil, laxatives and to treat piles, 50 new products in pipeline.

Assets Overview

7,000 Sq. Ft. industrial land.

Facilities Overview
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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