Jewellery Business Seeking Loan in Kolkata, India
Gold and silver jewelry business with strong B2B distribution network across Eastern India, seeks funding.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 200 - 300 thousand |
| Run Rate Sales | USD 253 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Jewellery |
| Locations | Kolkata |
| Local Time | 9:30 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
210 thousand
for
8.0%
annual interest,
4
years
(Native Currency: INR 20,000,000)
Reason: Seeking funding to set up a manufacturing facility and expand distribution capabilities.
The busine...
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Collateral Available: USD 0
Includes physical assets worth
USD
216 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
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Documents
Our Collection
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Business Overview
- We specialize in gold and silver jewelry, catering primarily to B2B market.
- Our branding and designs are owned in-house, while manufacturing is outsourced to multiple skilled small-scale workers.
- We primarily operate through B2B channels, distributing our products across WB, Bihar and Jharkhand.
- Currently, we have built partnerships with around 50 distribution partners across these regions.
- Order volumes typically range between INR 5 lakh and INR 15 lakh, ensuring healthy business volumes.
- All of our jewelry is BIS hallmarked, guaranteeing quality and authenticity for customers.
- The business is GST registered, ensuring transparency and regulatory compliance.
- Our branding and designs are owned in-house, while manufacturing is outsourced to multiple skilled small-scale workers.
- We primarily operate through B2B channels, distributing our products across WB, Bihar and Jharkhand.
- Currently, we have built partnerships with around 50 distribution partners across these regions.
- Order volumes typically range between INR 5 lakh and INR 15 lakh, ensuring healthy business volumes.
- All of our jewelry is BIS hallmarked, guaranteeing quality and authenticity for customers.
- The business is GST registered, ensuring transparency and regulatory compliance.
Products & Services Overview
- The business’s top-selling products include a wide range of gold and silver jewelry items such as chains, rings, earrings, bangles, necklaces, anklets, and pendants.- Primarily purchased by jewelry retailers, wholesalers, and distribution partners across West Bengal, Bihar, and Jharkhand through the business’s B2B network.
Assets Overview
Physical assets include inventory worth INR 1.5 to 2 crore and land procured for the setup of a manufacturing facility valued at approximately INR 55 lakh.The value of the physical assets exceeds the loan amount being sought; however, these assets are essential for business operations and cannot be liquidated.
Facilities Overview
Operating from a government-leased facility in Kolkata with a 30-year lease, the business paid a one-time fee of INR 3 lakh and incurs ongoing maintenance costs of INR 3,000 per month. Additionally, we have acquired 2,200 sq. ft. of land to set up the manufacturing plant.
Capitalization Overview
Having an ongoing bank loan of INR 80 lakh.Sole proprietorship business.
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