Household Products Business Investment Opportunity in Agra, India
Backed by top clients, established incense contract manufacturing business seeks funds to launch own brand.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 254 thousand |
| Run Rate Sales | USD 346 thousand |
| EBITDA Margin | 16 % |
| Industries | Household Products |
| Locations | Agra |
| Local Time | 10:18 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
58 thousand
for
20.0%
stake
(Native Currency: INR 5,000,000)
Reason: For expansion and branding. This expansion will entail us launching our own brand of products as wel...
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Includes physical assets worth
USD
29 thousand
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Business Overview
- Located in Agra, this household products company specializes in the manufacture of incense sticks and worship products, servicing high-profile clients like ITC, Patanjali, and N. Ranga Rao (Cycle Agarbatti).
- Established over 8 years ago, this contract manufacturing business in the incense industry boasts a well-respected reputation and steady growth.
- Employing 30 skilled professionals, the company has successfully partnered with over 20 well-known clients, showcasing its reliability and market strength.
- Recorded a notable peak turnover of INR 5 crore pre-Covid, reflecting its financial robustness and proficient operational strategies in the household products sector.
- The firm is strategically positioned for expansion, aiming to launch its own proprietary incense brand for both the export and domestic markets.
- With expertise in manufacturing bambooless incense and cones, the company is prepared to cater to evolving market demands and expand its product offerings.
- Positioned in the traditional heartland of Agra, the business is primed to leverage location advantages for export opportunities in the worship product segment.
- Business has a GST Certificate.
- Established over 8 years ago, this contract manufacturing business in the incense industry boasts a well-respected reputation and steady growth.
- Employing 30 skilled professionals, the company has successfully partnered with over 20 well-known clients, showcasing its reliability and market strength.
- Recorded a notable peak turnover of INR 5 crore pre-Covid, reflecting its financial robustness and proficient operational strategies in the household products sector.
- The firm is strategically positioned for expansion, aiming to launch its own proprietary incense brand for both the export and domestic markets.
- With expertise in manufacturing bambooless incense and cones, the company is prepared to cater to evolving market demands and expand its product offerings.
- Positioned in the traditional heartland of Agra, the business is primed to leverage location advantages for export opportunities in the worship product segment.
- Business has a GST Certificate.
Products & Services Overview
We do contract manufacturing of incense stick, cones, bambooless and other worship products.Incense sticks are the top selling and most ordered product by our clients. Our clients are big agarbatti brands like ITC, Patanjali and N. Ranga Rao (Cycle Agarbatti).
Assets Overview
Tangible assets include production equipment for the incense and agarbattis and packaging machines.
Facilities Overview
We have a rented facility of 8,000 sq yard in Agra.
Capitalization Overview
- Currently business funded by own funds and a CC limit of INR 10 lakh from PNB.- Partnership with 2 partners.
Recent Activity
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Earlier than 15 daysSenior Manager, Insurance, Ahmedabad, Individual Investor / Buyer connected with the Business
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