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Household Products Company Seeking Loan in Anand, India

Leading manufacturers of incense sticks seeks loan to fulfill 15+ existing orders.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 16 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 33 %
Industries Household Products
Locations  Anand
Local Time 1:31 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 240 thousand for 10.0% annual interest, 5 years (Native Currency: INR 20,000,000)
Reason: We have exiting orders pending fulfillment, hence require funds for working capital. Valuation is ba... View More
Collateral Available: USD 0
Includes physical assets worth USD 180 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Leading manufacturers of incense sticks, dhoop sticks, and dhoop cones.

- Registered with GST, Udyam, and Spices Board of India.

- Raw materials sourced from 10+ local vendors in Maharashtra.

- Own brand with direct sales and distribution channels; exploring export opportunities.

- Currently processing 15+ export orders with pending fulfillment.

- Maximum production capacity: 2 metric tons per day.

- Operating at maximum capacity.

- We are planning to explore the spices market and want to export the same soon.

- Spices for export: coriander, chili, cumin powders.

- Competitive price: INR 230 per kg for our spices.

Products & Services Overview

- Incense sticks, dhoop stick, dhoop cone, sambrani cups.

- Selling B2B.

Assets Overview

Assets include:

Stock, high-end equipment and machinery.

Facilities Overview

- Office in Anand with a sq ft area of 2,000 and rent per month of INR 17k.

- Leased 2 acres of factory land with the lease payment already made upfront.

Capitalization Overview

Shareholder for the company are 2.

50-50 shareholding split.

No loans or debts.

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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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