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Food Ingredients Company Seeking Loan in Pune, India

Start-up company in Pune that sells iodised salt and quality sago seek loan for expansion.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 141 thousand
EBITDA Margin 20 %
Industries Food Ingredients
Locations  Pune
Local Time 12:53 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 118 thousand for 10.0% annual interest, 3 years (Native Currency: INR 10,000,000)
Reason: For expansion and marketing, to start our own production facility.
Collateral Available: USD 0
Includes physical assets worth USD 118 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Start-up business that operates out of a rented office in Pune.
- We sell iodised salt and premium quality sago under our own brand name.
- Products are manufactured by 2 OEMs in Pune.
- Planning to also sell other food products such as poha, pulses and food products.
- We sell the products to over 500 retail stores in and around Pune.
- Promoters are from the same industry and each of them have in-depth knowledge to run this business.
- Physical assets include furniture and computers.
Products & Services Overview
- We sell iodised salt and premium quality sago under our own brand name.
- Planning to sell own branded poha, pulses and food products in the future.
Assets Overview
We own land, flat, shop and super market.
Facilities Overview
Own property, office and supermarket of 3 floors.
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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