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Mid-market Warehousing Company Seeking Loan in Surat, India

Pan India distributor of pharma and FMCG seeking a loan for business expansion.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 50 - 60 million
Run Rate Sales USD 60 million
EBITDA Margin Nil
Industries Ground Logistics + 1 more
Locations  Surat
Local Time 6:19 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.8 million for 10.0% annual interest, 5 years (Native Currency: INR 150,000,000)
Reason: Business expansion - to purchase material handling equipment for our pan India warehouses and office... View More
Collateral Available: USD 600 thousand
Interested to connect with advisors
Documents
Business Overview

- Company provides warehousing and supply chain solutions for the pharmaceutical and FMCG sectors.

- Pan-India distributor for generic medicines under the Jan Aushadhi Yojana (JAY) and Davaindia.

- Our distribution network for JAY caters to 7,700+ retail stores across India.

- Trucks transport medicines from our warehouses to retail stores like pharmacies and distributors across India.

- Provide end-to-end service solutions for the Jan Aushadhi Scheme.

- These funds will be utilized for the expansion of this specific private limited entity only.

- This company is part of a group that is involved in hospitality, logistics, waste management, technology, horticulture, and agriculture.

- We hire labour on a contractual basis and they are not on the company payroll.

- Entire group of companies recorded sales of INR 432 crore last year.

- Promoters have experience of over 10 years in running an entire group of companies.

Products & Services Overview

Medicine distribution, cold-chain, warehousing, IT infrastructure, and POS hardware.

Assets Overview

We have hired transportation equipment like trucks and forklifts along with the warehouses and we occasionally use assets owned by our sister concerns.

Facilities Overview

Warehouses in Surat (130,000 sq. ft. ), Gurugram (72,000 sq. ft. ), Assam (11,500 sq. ft. ), Chennai (60,000 sq. ft. ), corporate office in Surat, office in Vadodara, and a registered office in Surat as well.

All are rented premises and our monthly rental expenditure is approximately INR 55 lakh.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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