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Food Processing Company Seeking Loan in Mohali, India

Manufacturer of FMCG products with 2,800+ SKUs in 200 products lines is looking for lenders/VCs.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 800 - 900 thousand
Run Rate Sales USD 2.2 million
EBITDA Margin 20 - 30 %
Industries Food Processing
Locations  Mohali
Local Time 6:33 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 600 thousand for 12.0% annual interest, 2 years (Native Currency: INR 50,000,000)
Reason: To fulfill orders of PSUs (Kendriya Bhandar) and LFS (large format sales)
Collateral Available: USD 0
Includes physical assets worth USD 50 thousand
Interested to connect with advisors
Documents
Business Overview

- Manufacturer and packers of grocery & FMCG products such as spices, pulses, rice, flour, cookies, frozen food and related items. We manufacture it under own brand name.

- Company has over 2,800 SKUs from 200 different product lines. We have the biggest SKUs of spices in India (i. e. 300 SKUs).

- We sell the food products through 17+ distributors and super stockist based in north and central India.

- Our factory operates at 100% capacity and we have recently ordered a new machinery to increase the production.

- Procure raw materials from 16 vendors / suppliers.

- We are in the process to establish tie-ups with retail chains such as National Handloom Corporation and Kendriya Bhandar to supply our products.

- Company is registered in Jind (Haryana) at director's home address. However, our factory and office is based in Mohali (Punjab).

- The revenue has been increasing at an extremely fast pace due to the large influx of purchase orders the business has been receiving.

Products & Services Overview

Manufactures chakki fresh atta, suji, besan, maida, pulses, rajma, namkeen, soya chunks, ghee, cooking oil, frozen foods and pooja samagri.

Assets Overview

Own a total of 9 machines which include automatic pouch packing machine with automatic batch code printer, band sealer machine with conveyer belts that has the capacity to seal upto 4,000 pouches per hour.

Facilities Overview

Leased property of 4,000 sq ft with operational machines and packaging equipment.

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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