Aquaculture Business Seeking Loan in Balasore, India
Baleswar based shrimp farming business with maximum production capacity of 60MT, seeks working capital.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Aquaculture |
| Locations | Balasore |
| Local Time | 4:58 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
5.7 thousand
for
10.0%
annual interest,
3
years
(Native Currency: INR 500,000)
Reason: Require funds for purchase of seeds and working capital.
As the current situation that has occurred...
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Collateral Available: USD 2.3 thousand
Includes physical assets worth
USD
23 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Newly established business involved in Shrimp farming.
- Have leased 14.25 acres of land on which 6 ponds have been prepared.
- Shrimp seeds and aqua-feed will be procured from hatcheries in Andhra Pradesh.
- We will grow the shrimp and sell them in 2 cycles each year. Each cycle lasts for 4.5 months.
- Our ponds have a maximum production capacity of 60 metric tonnes per cycle. Initially, we will be operating at 50% capacity only.
- Yields will be sold to exporters in Odisha and we currently have contacts with 3 exporters.
- Promoter was an export analyst and has over 5 years of experience in the industry.
- Business owned assets include the facility setup, equipment, and machines.
- Have leased 14.25 acres of land on which 6 ponds have been prepared.
- Shrimp seeds and aqua-feed will be procured from hatcheries in Andhra Pradesh.
- We will grow the shrimp and sell them in 2 cycles each year. Each cycle lasts for 4.5 months.
- Our ponds have a maximum production capacity of 60 metric tonnes per cycle. Initially, we will be operating at 50% capacity only.
- Yields will be sold to exporters in Odisha and we currently have contacts with 3 exporters.
- Promoter was an export analyst and has over 5 years of experience in the industry.
- Business owned assets include the facility setup, equipment, and machines.
Products & Services Overview
Shrimp farming.
Facilities Overview
Leased 14.25 acre land on which 6 ponds have been prepared. Lease agreement is for 5 years.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysDirector, Retail, Chicago, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysSenior Associate, Legal Services, New Delhi, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Renewable Energy, Mumbai, Corporate Investor / Buyer connected with the Business
Tags:
Newly Established Aquaculture Business Seeking Loan in Balasore, India
·Newly Established Marine Business Seeking Loan in Balasore, India
·Lend to Newly Established Aquaculture Business in Balasore, India
·Lend to Newly Established Marine Business in Balasore, India
·Newly Established Aquaculture Business Seeking Loan
·Newly Established Marine Business Seeking Loan
·Lend to Newly Established Aquaculture Business
·Lend to Newly Established Marine Business
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