Medical Supplies Company Investment Opportunity in Nellore, India

- Founder has 10 years of experience in the glove industry.

- Production manager has 22 years of experience from Ansell.

- Company specializes in latex examination gloves and surgical gloves manufacturing under its own brand name.

- We have more than 20 clients for our products locally and for export orders.

- Clients are wholesalers, distributors and exporters.

- Operations were started just a few months back so we need to improve automation which will further bring down the cost and increase the production capacity.

- Manufacturing 1 crore gloves per month. Will be doubling this capacity with automation.

- We can produce different glove products with the existing machines.

- Have a good strategy to make all types of gloves.

- Business is registered in Hyderabad but the operations are in Nellore as the factory is located there.

Latex examination gloves, latex surgical gloves, long length pharma gloves.

6 Acers land, 110-meter length Production line with all the machinery and equipment to produce 2 crore gloves per month and other assets.

Planning to purchase three new high-volume machines.

Owned six-acre land in APIIC, Nellore with a factory and additional 27,000 sq ft shed for future scalability with three high-volume machines.

This company is funded with INR 10 crore through promoters.

Have secured loan of INR 6.5 crore from bank and an unsecured loan of INR 5 crore from friends and families.

Two directors from the same family with 55% and 45% stake.

Third director is about to be added soon.