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Kitchen Utensils Business Seeking Loan in Moradabad, India

Established manufacturer and supplier of traditional Indian handicrafts, serving both domestic and international clients.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 97 thousand
Run Rate Sales USD 97 thousand
EBITDA Margin 12 %
Industries Gifting + 1 more
Locations  Moradabad
Local Time 7:27 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 29.5 thousand for 10.0% annual interest, 5 years (Native Currency: INR 2,500,000)
Reason: Seeking funds for fulfillment of pending orders and setting up a dedicated factory setup.
Collateral Available: USD 0
Includes physical assets worth USD 53 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
EPCH RCMC
Udyam Registration
IEC
GST Registration
Business Overview
- An established manufacturer and supplier of Indian traditional handicraft products.
- Operates in both the domestic and export markets, with a majority of its revenue coming from exports.
- The domestic market includes 5 to 6 clients who are gifting companies based in Mumbai, Tamil Nadu, and Bangalore, with supply done on a quarterly basis.
- In the international market, the business has 6 clients, all gifting companies based in the US, Poland, and Italy, with supply occurring 3 to 4 times a year based on orders.
- Currently there are 3 to 4 pending export orders.
- Has a production capacity of 3,000 pieces per month.
- The business holds essential registrations including GST, MSME, and IEC, indicating compliance with necessary regulations and standards.
Products & Services Overview
Product categories include - home decorative gifts, tableware, promotional gifts products, pharma promotional gifts, bar accessories, religious products, garden items, metal / wood furniture, home furnishings and copper products.
Top selling category is home decorative gifts.
Serving both domestic & international clients who are gifting companies.
Assets Overview
Physical assets include inventory valued at INR 30 lakhs, manufacturing equipment and other office assets such as furniture, computers, etc valued at INR 15 lakhs.
Facilities Overview
Currently operating from an extension of own residential premises. No dedicated facility yet.
Capitalization Overview
Business is self-funded.
Having bank cc limit.
Sole proprietorship business.
Recent Activity
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1 Investor contacted this Business this month. Register below to connect now!
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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