↩ Go Back
Need help?

Generic Pharmaceuticals Company Seeking Loan in Howrah, India

Generic pharma company supplying medicines to 200+ clinics & hospitals, plans to setup own factory.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Public Limited Company
Reported Sales USD 70 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin 20 %
Industries Generic Pharmaceuticals
Locations  Patna + 1 more
Local Time 5:33 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.1 million for 13.0% annual interest, 7 years (Native Currency: INR 90,000,000)
Reason: Setup manufacturing unit to meet high demand.
Collateral Available: USD 240 thousand
Includes physical assets worth USD 6 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

Company supplies generic medicines to 200+ clinics and hospital who are based in Bihar. Our registered office is in Howrah, however, all our clients are based in Bihar. Have 20 stockist in different cities who visit doctors and supplies the medicine to them. At any point in time, we have INR 50 lakh worth of medicines rolling through stockist. We offer 30 different generic medicines and they are produced through three contract manufacturers.

Since it's an expensive affair to outsource the manufacturing, we plan to setup own factory in Uttarakhand and have already identified the location. After we start own factory, we also plan to supply to government in bulk quantity. We have chosen Uttarakhand as we would derive a lot of ancillary benefits from this location.

Company has its head office in Howrah and branch office in Patna. It owns laptop, furniture and systems as physical assets.

Products & Services Overview

Generic medicine for treatment of ulcer, flu, respiratory disease, pain relief, inflammation.

Facilities Overview

1. Rented head office in Howrah. 2. Rented branch office in Patna.

Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

1 Investor viewed this Business this month.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more