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Edible Oil Refinery Seeking Loan in Siliguri, India

Edible oil packaging unit in Siliguri looking for a loan to re-start operations.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 550 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Edible Oil Refineries
Locations  Siliguri
Local Time 8:14 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 200 thousand for 10.0% annual interest, 7 years (Native Currency: INR 15,000,000)
Reason: To revive the business.
Collateral Available: USD 0
Includes physical assets worth USD 220 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- The business has been inactive since 2016 February.

- Net profit when the business was operating was 3%

- The raw material is procured from the open market.

- FSSAI certified.

- There are about 50 distributors in the network as of today.

Products & Services Overview

The company deals in all types of consumer size 1, 1 / 2, 5,15 ltr pouch, bottle, sachet, jars, etc.

Soyabean oil, kachi ghani mustard oil, blended mustard oil etc.

Facilities Overview

The Plant & Machinery is set up under 5000 sqft with long term lease.

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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