Cigarette Company Seeking Loan in Lucknow, India
New company manufacturing own branded cigarettes and supplying to 100+ clients seeks funds for expansion.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 28 thousand |
| EBITDA Margin | 15 % |
| Industries | Cigarette |
| Locations | Lucknow |
| Local Time | 10:54 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
230 thousand
for
18.0%
annual interest,
10
years
(Native Currency: INR 20,000,000)
Reason: The launch of our product in the market has given positive results, now we are trying to set-up a fu...
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Collateral Available: USD 0.5
Includes physical assets worth
USD
3.5 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Product Packaging
(60.4 KB)
ROC-Verification.pdf
(73.8 KB)
Business Overview
- Company specializes in manufacturing its own brand of cigarettes.
- Supplying the products to 100+ clients. Clients are retail stores, wholesalers, and distributors.
- Company has 2 promoters with experience of 2 years in this industry.
- Launched the products in Lucknow and now wants to expand to other cities.
- Have got positive feedback from customers.
- We are purchasing raw materials from Gujarat and Delhi as of now. Wants to start manufacturing on our own or source locally.
- In a day, we produce around 300 cigarette boxes with manual machines. With automatic machines, this can be easily increased.
- We provide that type of cigarette which has fewer health issues.
- Last year's revenue was zero, as we were still not operational at that time.
- Supplying the products to 100+ clients. Clients are retail stores, wholesalers, and distributors.
- Company has 2 promoters with experience of 2 years in this industry.
- Launched the products in Lucknow and now wants to expand to other cities.
- Have got positive feedback from customers.
- We are purchasing raw materials from Gujarat and Delhi as of now. Wants to start manufacturing on our own or source locally.
- In a day, we produce around 300 cigarette boxes with manual machines. With automatic machines, this can be easily increased.
- We provide that type of cigarette which has fewer health issues.
- Last year's revenue was zero, as we were still not operational at that time.
Products & Services Overview
Cigarette manufacturing under our own brand name.
Assets Overview
There are a few machines which we have like cigarette filling machine (power magic 4) and overlapping of cigarettes boxes.
Facilities Overview
Business is operating from a rented factory in Lucknow.
Capitalization Overview
Promoters have never taken any loan toward the company. There are 2 directors with 50 percent stake each in the company.
Recent Activity
-
Earlier than 15 daysCEO, Electronics Installation Services, Delhi, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysIndependent Advisor, Houston, Business Broker connected with the Business
-
Earlier than 15 daysMD & CEO, Risk Management, Mumbai, Corporate Investor / Buyer connected with the Business
Tags:
Newly Established Cigar Manufacturing Company Seeking Loan in Lucknow, India
·Lend to Newly Established Cigar Manufacturing Company in Lucknow, India
·Newly Established Cigarette Company Seeking Loan in Lucknow, India
·Lend to Newly Established Cigarette Company in Lucknow, India
·Newly Established Cigar Manufacturing Company Seeking Loan
·Lend to Newly Established Cigar Manufacturing Company
·Newly Established Cigarette Company Seeking Loan
·Lend to Newly Established Cigarette Company
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