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Edible Oil Refinery Seeking Loan in Mumbai, India

Manufacture of expeller-pressed organic sunflower oil, seeks funds to start the operations.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees < 2
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Edible Oil
Locations  Mumbai
Local Time 2:51 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 11.6 thousand for 15.0% annual interest, 5 years (Native Currency: INR 1,000,000)
Reason: - For buying raw materials, obtaining certifications, recruiting manpower. - We forecast the annual... View More
Collateral Available: USD 0
Includes physical assets worth USD 58 thousand
Interested to connect with advisors
Documents
Business Overview
- Startup company that plans to manufacture edible oil-and is based in Kandivali, Mumbai.
- We plan to manufacture organic sunflower oil under our own brand and sell them through distributors and online stores including Amazon and IndiaMART.
- Have obtained all the necessary licenses including export license and are seeking to obtain "Organic Certification".
- Have our own machinery with a maximum production capacity of 1 metric ton per day.
- Have tied up with distributors for supplying the product pan India, and have potential buyers for our certified product.
- Post obtaining funds, we will start operations immediately and can launch the product in 45-60 days.
Products & Services Overview
Organic chemical-free expeller screw pressed sunflower oil.
Assets Overview
Oil Extraction, roasting filter, and capping machinery.
Facilities Overview
Rented space on a 2-floor building with a carpet area of 1,200 sq ft.
Capitalization Overview
Not Disclosed
Recent Activity
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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.
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