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Newly Established Aquaculture Business Seeking Loan in Humma, India

Litopenaeus Vannamei shrimp farm in Humma seeking capital to upgrade the production facility.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Aquaculture
Locations  Humma
Local Time 8:45 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 380 thousand for 12.0% annual interest, 5 years (Native Currency: INR 28,000,000)
Reason: The funds will be used to upgrade the plant with Bio Flock Technology (BFT) which will help us parti... View More
Collateral Available: USD 380 thousand
Includes physical assets worth USD 800 thousand
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Business Overview

- Litopenaeus Vannamei shrimp farm in Humma.

- Started operations a month ago and our first harvest is expected to be realized in 3 months.

- Our current production is 32MT per crop cycle.

- With the current setup we will be able to participate in 2 crop cycles each year.

- The business operates out of 16.5 acre owned farm.

- At present we operate 8 tanks which together occupy 8 acres.

- We have hired 8 temporary workers to manage operations.

- We intend to sell 100% of our crop to agents who export aquaculture produce from India.

- The farm is located at an excellent location, has access to brackish water, and enjoys good climate feasible for farming.

Products & Services Overview

100% export oriented aquaculture farming unit of Litopenaeus Vannamei white legged shrimp.

Assets Overview

16.5 acres of land, 40 2-HP aerators, one 82.5 KVA diesel generator, 4 pumps, 4 tank panels, cables, bio-security fencing, and 8 excavated ponds.

Facilities Overview

16.5 acres of freehold owned property. 8 acres of the property has been developed so far.

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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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