Edible Oil Business Seeking Loan in Chennai, India
Distributors of pure cotton sanitary napkins and edible oil seeks a loan for expansion.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 145 thousand |
| Run Rate Sales | USD 153 thousand |
| EBITDA Margin | 30 % |
| Industries | Edible Oil + 1 more |
| Locations | Chennai |
| Local Time | 9:06 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
230 thousand
for
10.0%
annual interest,
8
years
(Native Currency: INR 20,000,000)
Reason: Funds are required for business expansion and set up a manufacturing unit.
Collateral Available: USD 230 thousand
Includes physical assets worth
USD
5.8 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
(131.7 KB)
Product 1
(40.0 KB)
Business Overview
- We have two verticals for our business, first is we are engaged in the manufacturing and distribution of cold-pressed edible oils and the second is we are distributors of pure cotton sanitary napkins.
- The edible oil is manufactured on job work by a third party, where we procure the raw material from our vendors and source the production from a third party.
- We supply the cold-pressed edible oil to Civil Oil Corporation and 100+ supermarkets in Tamil Nadu.
- Recently, we started out our business of sanitary napkins and we source them from a third party and sell it under our own brand name.
- Currently, we are supplying sanitary napkins to 7 distributors in Tamil Nadu.
- The revenue generated from the edible oil vertical is 70% and the rest is from the distribution of sanitary napkins.
- On average we generate INR 3 lakh per month from the sanitary napkins.
- The promoter has 22 years of experience in sales and marketing.
- The edible oil is manufactured on job work by a third party, where we procure the raw material from our vendors and source the production from a third party.
- We supply the cold-pressed edible oil to Civil Oil Corporation and 100+ supermarkets in Tamil Nadu.
- Recently, we started out our business of sanitary napkins and we source them from a third party and sell it under our own brand name.
- Currently, we are supplying sanitary napkins to 7 distributors in Tamil Nadu.
- The revenue generated from the edible oil vertical is 70% and the rest is from the distribution of sanitary napkins.
- On average we generate INR 3 lakh per month from the sanitary napkins.
- The promoter has 22 years of experience in sales and marketing.
Products & Services Overview
Distribution of pure cotton sanitary napkins, and cold-pressed edible oils.
Assets Overview
Commercial vehicle, computers and printers, and a two-wheeler vehicle.
Facilities Overview
1,800 sq. ft. office on the ground floor in Chennai in a prime location. It is a rented unit with a commercial electricity service connection.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysManager, Banking, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysProject Head, Infrastructure, Delhi, Corporate Investor / Buyer connected with the Business
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