Household Products Company Seeking Loan in Purulia, India

- We are manufacturers and traders of incense sticks that are produced in-house and have a unit in Purulia.

- We produce 20-25 tonnes of incense sticks per month and sell it to around 20-25 wholesalers across India.

- Incense sticks are sold raw and also under our own proprietary brand that is trademarked.

- 80% of the production is sold in raw form and the remaining 20% is packaged and sold under our own brand.

- There are no long term contracts with any of the buyers.

- We acquire raw materials from 4 vendors.

- The products are made by 125 people who are self-help workers and are employed on a contractual basis.

- The average price of the raw incense sticks is INR 80/kg.

- Promoter has been running the business for one year but has earlier worked in the industry for several years.

Perfumed incense sticks.

Physical assets include land, machinery, raw materials, stock. The stock is worth INR 15 lakh.

Owned office of 1,000 sqft. We also have a rented manufacturing unit with an area of 4,000 square feet with a monthly rent of INR 30,000/month.