Apparel Wholesale Company Seeking Loan in Bangalore, India
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 220 thousand |
Run Rate Sales | USD 220 thousand |
EBITDA Margin | 15 % |
Industries | Apparel Wholesale + 1 more |
Locations | Bangalore |
Local Time | 4:22 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
The company was registered in 4 years back and just 3 years back we opened our first retail showroom.
Our brand specializes in designing custom printed fabric and novel designs for modern women's western wear, aiming to fill the gap in this sector.
- We have experienced significant growth year over year, with revenues of INR 34 lakh the before the pandemic and INR 75 lakh in the next financial year, and currently, we have achieved INR 1.8 crore in the current financial year.
- Our revenue streams come from our retail showroom, direct-to-consumer (D2C) online sales, and business-to-business (B2B) transactions.
Western wear, Ethnic wear, Innerwear and accessories.
In addition to physical assets such as furniture, apparel, and raw materials, we also possess digital assets including our website, systems, and software. Our current stock and inventory are valued at INR 55 lakh, contributing significantly to our overall asset base.
Rented store with an area of 1,600 sqft with a monthly rent of INR 45,000 and a rental deposit of INR 4,50,000. We are located in Nagarbhavi, Bangalore.
The company was initially started with a bootstrap amount by two directors. One director holds 60% while the other director holds 40%. In addition to this, we have also taken a bank loan of INR 30 lakh to support our growth. As we move forward, we are working towards raising additional funding to accelerate our growth. We have a clear roadmap and vision for the future of our company, and we are committed to realizing our goals.
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysCEO, IT Services, Bangalore, Individual Investor / Buyer connected with the Business