Gifting Company Seeking Loan in Bangalore, India
Manufacturer and exporter of wax candles located in Bangalore, having 50+ varieties of candles.
Premium Plan
| Established | 20-30 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 2.3 million |
| Run Rate Sales | USD 2.3 million |
| EBITDA Margin | 22 % |
| Industries | Gifting |
| Locations | Bangalore |
| Local Time | 6:51 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
1.8 million
for
12.0%
annual interest,
10
years
(Native Currency: INR 150,000,000)
Reason: To clear bank loans and utilize 100% of factory capacity.
Collateral Available: USD 2.4 million
Includes physical assets worth
USD
2.6 million
Documents
Business Overview
- We are ISO 9001:2008 certified company specializing in manufacturing various kinds of candles.
- Types of candles we manufacture are tealight candles, votive candles, jar candles, household candles, tin candles, pillars candles.
- We manufacture more than 50 to 70 types of candles.
- State of the art German machinery is used.
- Facility has a capacity to manufacture 30 to 40 tonnes of candles per day.
- Majority of the products are exported to USA and UK.
Products & Services Overview
Manufacturer, distributor and exporter of different types of candles.
Facilities Overview
Land of 88,000 sq ft which is owned by the company with built-up area of 16,000 sq ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysMD, Diversified, Mumbai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysManaging Director, Mumbai, Financial Consultant connected with the Business
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