Need help?

Aquaculture Company Seeking Loan in Bhubaneswar, India

Bhubaneswar based aquaculture company having a shrimp seed hatchery now getting into prawn and vegetable farming.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 110 thousand
Run Rate Sales USD 120 thousand
EBITDA Margin 25 %
Industries Aquaculture
Locations  Bhubaneswar
Local Time 4:30 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 14 thousand for 12.0% annual interest, 3 years (Native Currency: INR 1,000,000)
Reason: For working capital, and to also acquire new farmland for mushroom and vegetable farming. Also open ... View More
Collateral Available: USD 70 thousand
Includes physical assets worth USD 200 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- A shrimp seed hatchery business based in Bhubaneswar, Odisha.

- Have a hatchery that has an area of 1 acre.

- The production cycle for the shrimp seed is 20 days. We sell 200 million post larvae (shrimp seed) per year.

- Products are sold to local farmers in Bhubaneswar, Andhra Pradesh and West Bengal.

- We are looking to get into prawn, mushroom and vegetable farming as well in the near future.

- Prawn farming will be done in the same hatchery while mushroom and vegetable farming will be done on a different land.

- We aim to acquire a land of 10 acres in Bhubaneswar for mushroom and vegetable farming. Land is still being identified.

- Physical assets include land and equipment.

Products & Services Overview

Shrimp seed hatchery, will begin prawn, mushroom and vegetable farming in the near future.

Facilities Overview

Hatchery is company owned and has an area of 1 acre.

Will be acquiring a land of 10 acres for mushroom and vegetable farming. Still identifying the land.

Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more