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Newly Established Bags Manufacturing Company Seeking Loan in Bahadurgarh, India

Non-operational Haryana-based manufacturer of fashion accessories targeting bags & women's clothing market; online & offline-sales.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Bags Manufacturing + 1 more
Locations  Bahadurgarh
Local Time 10:33 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 17.4 thousand for 12.0% annual interest, 3 years (Native Currency: INR 1,500,000)
Reason: This funding will be used to buy the machines required for manufacturing handbags such as heavy-duty... View More
Collateral Available: USD 35 thousand
Includes physical assets worth USD 17.4 thousand
Interested to connect with advisors
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Business Name
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Business Overview
1. The business is located in Bahadurgarh, Haryana and will operate in the handbags manufacturing and women's clothing industry, targeting the fashion accessories market.
2. Plans to operate both online and offline modes to reach a wider customer base.
3. Business will initially manufacture 4 SKUs including handbags, T-shirts, jackets, juttis, and sandals, with a future mission to expand its product line to encompass all fashion accessories for women.
4. Company aims to adopt a dual sales approach, targeting both B2B and B2C models, and intends to sell its products on prominent e-commerce websites and through superstore chains such as Vishal Mart and Dmart.
5. Business has secured a manufacturing facility and is in discussions with recruitment agencies to initiate hiring procedures, indicating readiness to commence operations upon receiving funding.
6. Promoters of the company possess a collective experience of 24 years in marketing FMCG and pharmaceutical products, bringing valuable industry expertise to the business.
7. The company is in negotiations with over 20 vendors to sell its products, highlighting a proactive approach to establishing distribution channels.
8. Business is registered in the MCA and is in the process of getting MSME and Startup India certifications.
Products & Services Overview
We will manufacture 4 SKUs:
- Handbags, t-shirts, jackets, juttis & sandals.
After a year our mission is to manufacture all fashion accessories from our company.
We will only be manufacturing handbags and clothing for women.
We will sell our products both in B2B as well as B2C models.
Will sell the products on all prominent e-commerce websites and to prominent superstore chains such as Vishal Mart and Dmart.
Assets Overview
Tangible assets: office furniture, all fixtures and setup.
Facilities Overview
We have a rented space of 4,000 sqft. for setting up the manufacturing unit.
Rent - INR 25k/month, security deposit of INR 5 lakh paid.
Location - Bahadurgarh, Haryana.
Capitalization Overview
The business has no loans and has 2 partners with a 60/40 split.
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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