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Newly Established Food Processing Business Seeking Loan in Ghaziabad, India

Food processing business seeks funding: Quality snacks and local sourcing in Ghaziabad.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Food Processing
Locations  Pune + 1 more
Local Time 6:35 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 105 thousand for 10.0% annual interest, 3 years (Native Currency: INR 10,000,000)
Reason: The business is seeking funding to support its initial operational launch, working capital requireme... View More
Collateral Available: USD 0
Includes physical assets worth USD 17 thousand
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Business Name
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Documents
Details
FSSAI License
Business Overview
- We’re a start-up in the food processing industry, based in Ghaziabad and setting up our manufacturing unit in Pune.
- Our main focus is on producing tutti-frutti and gulab jamun, along with some sweet snacks.
- We aim to serve B2B clients like bakeries and ice cream manufacturers, supplying them with high-quality ingredients and toppings.
- Our manufacturing plant will use cutting-edge technology to ensure we can produce large quantities efficiently.
- We plan to source our raw materials directly from local farmers, which helps us maximize profits and support the community.
- We believe in quality and safety, so we’re proud to hold an FSSAI Central License for trade, retail, and export from our Ghaziabad office.
Products & Services Overview
Our main focus is on producing tutti-frutti and gulab jamun, along with some sweet snacks.
Assets Overview
Tangible assets worth about ₹16,00,000 are already invested, including factory land in Pune, machinery for Tutti-Frutti and sweets manufacturing.
Intangible assets include the FSSAI license.
Facilities Overview
Factory land and machinery procured for a Tutti-Frutti manufacturing unit in Pune. Registered office and licensed premises as per FSSAI records are located in Raj Nagar, Ghaziabad, Uttar Pradesh.
Capitalization Overview
Approximately ₹16,00,000 of promoter equity has been invested into land, machinery, and registration. The business is seeking an additional ₹3.5 Crore from a private investor in exchange for 49% equity and 49% profit sharing, implying that the promoter will retain 51% ownership. No external loans or other shareholders are mentioned.
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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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