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Household Products Business Seeking Loan in Ghaziabad, India

Incense and bamboo stick manufacturers having tie ups with 5 vendors and 10 clients.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 46 thousand
Run Rate Sales USD 69 thousand
EBITDA Margin 10 - 20 %
Industries Household Products
Locations  Ghaziabad
Local Time 2:15 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 34.6 thousand for 10.0% annual interest, 3 years (Native Currency: INR 3,000,000)
Reason: For machinery & equipment to increase stock and import raw material for reselling purpose.
Collateral Available: USD 17.3 thousand
Includes physical assets worth USD 5.8 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Manufacturers of agarbati sticks, raw material powder and other products based in Ghaziabad.
- We have around 4-5 vendors from whom we purchase raw materials.
- Our production capacity is 40-50 tons in a month.
- Currently, we have more than 10 clients. Some of them are Lotus India Intercontinental, Pioneer Enterprises, Astha Trading, Vaishanvi Perfumery, Manglam Agarbati, Northern Aeromatics, Payal Industry, Bhardwaj Corporation.
- Promoter has more than 4 years of experience in this business.
Products & Services Overview
We manufacture agarbati sticks and machines that make agarbati sticks, charcoal and bamboo sticks.
Facilities Overview
Rented 2,000 square feet manufacturing unit and office.
Capitalization Overview
Not Disclosed
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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