Food Processing Company Seeking Loan in Raipur, India

Consumer staples company with a strong visible brand in Chhattisgarh run by experienced founders.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 500 thousand
EBITDA Margin
10 %
Industries
Locations
Local Time
11:59 PM Raipur
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 44 thousand for 10.0% annual interest, 2.0 years (Native Currency: INR 3,000,000)
Reason: For expansion of the business.
Collateral Available: USD 1.5 thousand
Includes physical assets worth USD 6.5 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ITR
News article
MOA
AOA
COI
Business Overview

- We are a private Limited Company registered under companies act 2013 under Ministry Of Corporate Affairs, Govt. Of India on 16th Nov 2016.

- Authorised shared capital is Rs. 1 cr.

- Revenues for FY 2017-18 was Rs. 1.07 cr with 8 months of operations. Revenues for March 2018 was Rs. 30 Lakh.

- We have launched packaged wheat flour and corn flakes under our own brand name in Chhattisgarh. Our brand name is also a registered trademark.

- We procure quality food products from different suppliers across India and market it under the brand name.

- One of the founder's of the company is an IIM Raipur alumni having over 20 years of rich experience in Sales & Marketing in FMCG, Telecom, and Hospitality sector.

- The other director is a design engineer and has a rich experience of more than 24 years mainly in Dubai and Kenya.

- We have number of wheat manufacturers for sourcing the products.

- We have 47 distributors in Chhattisgarh, handled by sales team of 17 people led by one Area Sales Manager.

- After Ashirwad and Silver coin brand, our brand is the most visible brand which is present in all nook and corner of Chhattisgarh. Other similar brands are present in bits and pockets only.

- We will be introducing different SKUs of wheat flour and corn flakes and will also be introducing soya chunks, CTC tea to our product portfolio very soon.

Products & Services Overview

Packaged products like wheat flour, corn flakes, packet tea, soya chunks.

Facilities Overview
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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