Jute & Coir Company Seeking Loan in Varanasi, India

Producers and sellers of jute bags and other jute products.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Public Limited Company
Reported Sales USD 140 thousand
Run Rate Sales USD 160 thousand
EBITDA Margin 20 %
Industries Jute & Coir
Locations  Varanasi
Local Time 3:32 PM Lucknow
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 70 thousand for 16.0% annual interest, 1 year (Native Currency: INR 5,000,000)
Reason: Looking to increase the number of orders that we service.
Collateral Available: USD 0
Includes physical assets worth USD 14 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- We produce and sell jute bags and jute products throughout the world.

- Have approximately 100 to 200 clients that include retailers, wholesale and individual customers.

- Once we receive orders for our product we send it to a contract manufacturer in Kolkata.

- We sell our products pan India and have also received export orders from the Middle East, Africa and Europe.

- Promoter has 15 years of experience in the jute industry.

Products & Services Overview

Jute bags and other jute products.

Facilities Overview

Rented building of 4 floors and 5,000 Sq Ft Area.

Recent Activity
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
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.
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?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more