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Jute & Coir Business Seeking Loan in Anamalai R F, India

Business engaged in the manufacturing and exporting of coco coir products is seeking a loan.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 260 thousand
Run Rate Sales USD 346 thousand
EBITDA Margin 7 %
Industries Jute & Coir
Locations  Anamalai R F
Local Time 8:34 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 98 thousand for 9.0% annual interest, 7 years (Native Currency: INR 8,500,000)
Reason: To purchase and upgrade machines, to expand and to develop the business.
Collateral Available: USD 58 thousand
Includes physical assets worth USD 290 thousand
Interested to connect with advisors
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Business Name
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User Verification
Business Overview
- Our business is engaged in the manufacturing of coir products.
- Currently, we are sourcing the raw material from local manufacturers.
- We have a production capacity of 500 MT per month.
- As of now, we have 5 clients who are engaged in exporting the products.
- The business has an outstanding loan of INR 18.5 lakh.
- The business has a sole owner.
- We recently got multiple awards from direct clients for our products.
- The physical assets of our business include fixed assets that include land worth INR 2 crore and machines worth INR 50 lakh.
Products & Services Overview
Coir pith block, coir grow bags, coir disc, and coir chips.
Assets Overview
25,000 sq. ft. , shredder machine, 3 conveyor machines, step cleaner machine, boiler section, coco pith 5kg block making machine, 14,000 sq. ft. building, KIA car, and office set up.
Facilities Overview
Owned facility with 25,000 sq. ft. that includes a concrete flooring with 20,000 sq ft and 14 rooms with closed facilities. We have a 24 hours water facility and a full transformer of 150 HP.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Director, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Managing Partner, Chennai, Financial Consultant connected with the Business
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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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