Jute & Coir Business Seeking Loan in Coimbatore, India

Trader of coconut coir pith and cultivation of cut flowers under a greenhouse.

Established	5-10 year(s)
Employees	5 - 10
Legal Entity	Sole Proprietorship/Sole Trader
Reported Sales	USD 6 million
Run Rate Sales	USD 7 million
EBITDA Margin	15 %
Industries	Florists + 1 more
Locations	Coimbatore
Local Time	8:26 PM Asia / Kolkata
Listed By	Business Owner / Director
Status	Active

8.3 / 10

Compare with industry

Seeking Loan

USD 600 thousand for 10.0% annual interest, 3 years (Native Currency: INR 50,000,000)

Reason: Require funds in order to fulfill business orders worth INR 120 crore.

Collateral Available: USD 1.2 million

Includes physical assets worth USD 1.2 million

Interested to connect with advisors

Name, Phone, Email

Available after connect

Business Name

Available after connect

User Verification

Documents

Project Report (138.0 KB)

GSTIN (71.6 KB)

Business Overview

- We are traders of coconut coir piths and also we also cultivate cut flowers under a greenhouse.

- Our cut flower cultivation takes place in our green house of 5 acres.

- It takes 3-4 months for every crop cycle and we grow around 2 lakh flowers per acre.

- We rotate the crop that is under cultivation each cycle and sometimes also cultivate vegetables.

- The products are sold at the International Flower Auction Trade Center in Bangalore.

- For our coconut coir pith vertical we have a supplier in Coimbatore and sell to distributors who are established in the export industry.

- We have business orders worth around INR 120 crores for our trade business that we are yet to complete.

- Promoter has over 4 years of experience in the trading and cultivation business.

Products & Services Overview

Coconut coir pith, vegetables and cut flower cultivation under a greenhouse.

Assets Overview

Our main assets include stock and receivables of the business.

Facilities Overview

Godown of 18,000 Sq Ft, green house of 5 acres and packing yard of 5,000 Sq Ft. All the properties are leased.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Founder, Mumbai, Financial Consultant connected with the Business
Earlier than 15 days
Partner, Mumbai, Financial Consultant connected with the Business
Earlier than 15 days
Founder & CEO, Biomass Fuel Manufacturer, Chennai, Individual Investor / Buyer connected with the Business

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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.

Contact Business

519 Investors viewed this Business.
Register below to connect now!

You might also be interested in these businesses

Frequently
Asked
Questions

Why can’t I see the business’ name or contact number? How do I contact the business?

All business profiles on SMERGERS are displayed on a “no name” basis to protect the confidentiality of the business. You can register as an investor, acquirer, lender or advisor on …read more
What level of due diligence does SMERGERS conduct on the businesses/member?

SMERGERS scrutinizes all profiles and only features a select group of businesses, investors, advisors that meet a basic requirement. When required, certain members may have submitted some form of proof …read more
How active are the business profiles listed on SMERGERS?

We regularly filter out businesses which are inactive or have already closed a transaction. Typically, if the business is actively looking to sell/raise capital, the status is shown in green.
How does SMERGERS rate business profiles?

SMERGERS considers valuation attractiveness, profile completeness, activity level, feedback received from members and other additional parameters to arrive at a composite score to rate business profiles. SMERGERS compares the financial …read more
Do I need to pay to connect with a business?

The first two introductions are free, post that you will need to subscribe to one of our member plans. There are no other charges if you close a transaction. We …read more

Jute & Coir Business Seeking Loan in Coimbatore, India