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Newly Established Medical Supplies Company Seeking Loan in Thrissur, India

Pre-revenue surgical gloves business launching a premium brand for hospitals, distributors, and export markets.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Medical Supplies
Locations  Thrissur
Local Time 10:06 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 31.4 thousand for 13.0% annual interest, 2 years (Native Currency: INR 3,000,000)
Reason: Seeking funding for raw material capital to supply OEMs and commence manufacturing next month. - Exp... 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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User Verification
Documents
Business Overview
- Pre-revenue business launching a premium surgical gloves distribution brand with OEM-manufactured products meeting international quality standards.
- Distributes premium sterile latex surgical gloves designed for use in surgeries and medical procedures across hospitals and healthcare institutions.
- Products are positioned to compete with established brands on both quality and pricing, targeting the growing demand for premium surgical gloves in India.
- Revenue will be generated through direct sales to distributors and hospitals on a cash-and-carry basis, along with export sales through letters of credit (LC).
- The business is scheduled to commence commercial operations next month and has an established distribution strategy for domestic and international markets.
- Led by a promoter with 45 years of experience across the rubber and manufacturing industries, with extensive business relationships throughout India and overseas.
- Operates in a large addressable market with significant growth potential driven by increasing demand from hospitals, distributors, and export customers.
- Holds GST and MSME registrations, with the MD-42 medical device license expected to be obtained within the next 15 days.
Products & Services Overview
Premium sterile latex surgical gloves supplied to distributors, hospitals, and export customers.
Assets Overview
Tangible assets:
Office equipment.
Furniture.

Intangible assets:
Promoter’s experience.
Established OEM contacts.
Facilities Overview
Office space of 2,200 sq ft, rented. Manufacturing plant is not needed as we have tie-up with a leading gloves manufacturer for OEM production.
Capitalization Overview
The business is funded entirely through directors’ own capital with no external debt.

Shareholding structure:
Promoter 1: 46%.
Promoter 2: 10%.
Promoter 3: 44%.
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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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