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Generic Pharmaceuticals Company Seeking Loan in Cuttack, India

Pharmaceutical company marketing in Odisha having more than 30 registered brands.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 280 thousand
EBITDA Margin 20 - 30 %
Industries Generic Pharmaceuticals
Locations  Cuttack
Local Time 5:24 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 88 thousand for 18.0% annual interest, 7 years (Native Currency: INR 7,500,000)
Reason: For expansion of operations.
Collateral Available: USD 0
Includes physical assets worth USD 117 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview
We are a pharmaceutical company based in Odisha that develops quality healthcare products of ortho, O&G and GP range. These products are used as painkillers, heart problem-related medications and vitamin supplements to name a few. Products are developed and branded under our name, but we outsource the manufacturing process of these medicines as of now. We have more than 400 Doctors who are prescribing our brands across Odisha and plan to expand to other region and start our own manufacturing unit. Our products are sold through a channel, we sell the products to a distributor and it goes to retailers and then it goes to customers. In some cases, doctors purchase our products directly. Company is growing by 20-25% every year in terms of business.
Products & Services Overview
We have ortho, obstetrics and gynecologic, and GP products.
The product offers more benefits to the patients as compared to conventional products.
Assets Overview
Physical assets include stock, warehouse and office properties.
Facilities Overview
We own a warehouse of 4,000 square feet and an office area of 1,500 square feet.
Capitalization Overview
Secured funding through loans from relatives, contributions from the director's own funds, and proceeds from debenture issues.
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    CEO, Visakhapatnam, Financial Consultant connected with the Business
  • Earlier than 15 days
    Owner, Clinic, Rourkela, Individual Investor / Buyer connected with the Business
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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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