Cutlery and Flatware Company Investment Opportunity in Bangalore, India
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 80 thousand |
| Run Rate Sales | USD 220 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Cutlery and Flatware + 1 more |
| Locations | Bangalore |
| Local Time | 6:41 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
- We are the world's first mass-production line to manufacture edible cutlery.
- Our target clients are in the food & beverage industry specifically take away order market, restaurants, weddings, and corporate events.
- Manufacturing capacity of 80,000 big spoons and 2,50,000 ice cream spoons per shift (8 Hours).
- Marketing and sales started in Europe and UAE.
- Pre-Sales is started in India, Australia, and Canada.
- We are in the early revenue stage, we have made INR 1.5 Cr in this financial year. and the funds are required for the enhancement of packaging machines, a quality Lab of around 50 lakhs, and the remaining INR 2 Crore for working capital.
- Identified suppliers to procure raw materials from. The cutlery manufactured will be similar to the ingredients and processes in biscuit manufacturing.
- We have signed sales contracts in UAE, Australia, and Germany worth INR 30 Crore in the next two years.
- Our sales have increased since we started commercial production this year.
- We have also started contract manufacturing services for Biscuits, our capacity is around 360 tons per month, out of which we have 80 tons per month worth of LOI and also another 150 tons per month in the sales pipeline.
In Edible Cutlery: We have tasty-mini- ice cream spoon, a tasty-maxi- soup or rice spoon, spork which is yet to manufacture.
We also manufacture biscuits like digestive biscuits, glucose biscuits, s and cream biscuits.
Machinery like pulverizer, dough kneader, extruder, dough sheeter, production line 1 (indirect oven), production line 2 (direct oven)
Factory is established at a plot area of 22,000 sq. ft. and built-up area at 11,600 sq. ft. Located in Harohalli industrial area in Kanakpura road. Industrial plot is a rented property. Office space in Bangalore for our sales and marketing team. The total rent paid is INR 1,97,000 per month.
Director 1 - CEO - 23.21%.
Director 2 - CMO - 23.21%.
Director 3 - Finance Advisor - 48.32%.
Director 4 - Technical Advisor - 5.26%.
Total share capital from directors - INR 1.4 crore.
Total directors loan - INR 90 lakhs.
Startup India seed funding DEBT - INR 25 lakhs.
Bank loan - INR 2 crore.
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Earlier than 15 daysDirector, Pharmaceuticals, Cosmetics, Nutraceuticals, Thane, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysProprietor, Bangalore, Financial Advisor connected with the Business
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Earlier than 15 daysDirector, Marketing Agency, Bangalore, Individual Investor / Buyer connected with the Business
