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Leather Goods Company Seeking Loan in Thane, India

Premium leather goods manufacturer supplying wallets, bags, and duffels for corporate gifting and contract manufacturing.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 25 thousand
Run Rate Sales USD 48 thousand
EBITDA Margin 10 %
Industries Leather Goods
Locations  Thane
Local Time 7:27 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 28.6 thousand for 12.0% annual interest, 5 years (Native Currency: INR 2,500,000)
Reason: The loan proceeds will be allocated towards expansion, with ₹15,00,000 earmarked for the purchase of... View More
Collateral Available: USD 0
Includes physical assets worth USD 8.6 thousand
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Business Overview
- Premium leather and leatherette products manufacturing company specializing in accessories, laptop bags, women’s bags, and duffels.
- Operates on a made-to-order model with minimal inventory, ensuring efficiency and customization.
- Flexible business model catering to both corporate gifting and private label/contract manufacturing requirements.
- Product portfolio includes:
• Wallets – contract manufacturing & corporate gifting.
• Laptop bags – corporate gifting.
• Women’s bags – contract manufacturing.
• Duffels – corporate gifting.
- Our current monthly production capacity is 1,000 units per month.
- Trusted by leading clients such as Raymond (via 3rd party), Sutherland Global, Govt. of Maharashtra, Capacite Infraprojects, and Patel Engineering.
- The employee count appears high as it includes both manufacturing staff and accounting personnel.
Products & Services Overview
Wallets, laptop bags, and duffels supplied for corporate gifting, alongside women’s bags manufactured under contract for brands and distributors.
Assets Overview
Tangible assets: Machinery worth ₹3,50,000 and stock valued at ₹4,00,000.
Intangible assets: Registered brand, Incorporation Certificate, GST & Startup India Registration Certificates.
Facilities Overview
We operate from a 5,000 sq. ft. gala factory with a production capacity of 1,000 units per month and aim to scale five-fold to meet growing order demand. The property is owned by us, but this is not included in the sale.
Capitalization Overview
The business is debt-free and entirely bootstrapped, with ₹25 lakhs invested by the promoters from their own sources. It is owned by two shareholders in a 90:10 ratio.
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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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