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Newly Established Agriculture Wholesale Business Seeking Loan in Pune, India

Newly established business for processing, trading, and supplying pules & spices, seeks working capital.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Agriculture Wholesale + 1 more
Locations  Pune
Local Time 3:31 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
INR 1 crore for 10.0% annual interest, 3 years (Native Currency: INR 10,000,000)
Reason: Seeking funds for working capital. The owner is also open for an equity stake sale.
Collateral Available: INR 1 crore
Interested to connect with advisors
Documents
Business Overview
- Newly established business for food processing, and trading of pulses, spices, and oilseeds.
- Business intends to operate under 3 distinct verticals: Trading, food processing & distribution, and services.
- Processing and Distribution: Have over 60 local suppliers for pulses and spices.
- We are in advanced discussions for leasing a pulse processing mill and storage facility in Nagpur. The processing mill has an area of 40,000 sq ft and maximum production capacity of 200 tons per day. Initially, we are aiming for a monthly production capacity of 200-300 tons. We will supply the products to local distributors and retailers.
- Trading: We will be importing pulses, spices, and oilseeds and selling them locally. Have identified the sources for buying the products and we are in the process of obtaining the required licenses.
- Services: Planning to partner with eCommerce stores such as Amazon, Flipkart, and DMart for delivering our products.
- We are seeking funds for working capital and will begin our operations in 2-3 weeks.
- Promoter has over 10 years of experience in food processing and tenders.
- Business was recently established and does not have any physical assets at the moment.
Products & Services Overview
- Trading of Pulses, spices & oilseeds.
- Local sourcing & processing: Pulses & spices.
- Services - Last-mile delivery (LMD) of our products through eCommerce platforms.
Facilities Overview
Rented 1,000 sq ft office in Pune.
In the final stages of leasing a 40,000 sq ft processing mill in Nagpur, with a separate storage facility of 30,000 sq ft.
Capitalization Overview
Not Disclosed
Recent Activity
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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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