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Newly Established Medical Supplies Company Seeking Loan in Chandigarh, India

Surgical consumables company supplying sutures, skin staplers and haemostatic sponges seeks a business loan.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 187 thousand
EBITDA Margin 20 - 30 %
Industries Medical Supplies
Locations  Chandigarh
Local Time 4:33 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 26 thousand for 12.0% annual interest, 3 years (Native Currency: INR 2,500,000)
Reason: The company is seeking a collateral-free loan to support its expansion as a newly established busine... View More
Collateral Available: USD 0
Includes physical assets worth USD 2.1 thousand
Name, Phone, Email
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Business Name
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Business Overview
* We're a fresh player in the healthcare sector, launched just around 3 months ago.
* Our focus is on marketing and distributing top-notch surgical sutures, skin staplers, and haemostatic sponges under our own trademark.
* Our products are essential for surgeons and healthcare pros, helping with wound closure and controlling bleeding during surgeries.
* We supply our products through a reliable network of distributors to hospitals, nursing homes, fertility centres, and surgical clinics.
* Our team of four promoters brings valuable experience from the medical products segment.
* We're currently working hard to establish our presence and expand our distributor network, aiming for solid growth in this vital market.
* With a small but dedicated team of 15 employees, we’re all about ethical marketing and high-quality healthcare solutions.
* The business has been operational for only three months and has generated sales for three months to date. The run-rate sales and EBITDA figures are annualised estimates based on current performance.
Products & Services Overview
The business’s key products include surgical sutures, skin staplers, and haemostatic sponges, which are used by surgeons and healthcare professionals in hospitals, nursing homes, fertility centres, and surgical clinics for wound closure and controlling bleeding during surgical procedures.
Assets Overview
The business has tangible assets valued at approximately INR 2 lakh, comprising office furniture, an air conditioner, printer, and other office equipment. No specific intangible assets have been mentioned.
Facilities Overview
The business operates from a rented office with a built-up area of approximately 400 sq. ft. and incurs a monthly rent of INR 18,000.
Capitalization Overview
The business has been entirely self-funded by all four partners to date, with no bank loans, external investors, or outstanding debt. The company has minimal market outstanding, and all four partners hold equal shareholding.
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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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