Newly Established Nonprofit Organisation Equity Stake For Sale in Faridabad, India
Pre-revenue non-profit social welfare organization aimed at providing social work and business-related services in Faridabad.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Nonprofit Organisations |
| Locations | Faridabad |
| Local Time | 1:19 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
53 thousand
for
25.0%
stake
(Native Currency: INR 5,000,000)
Reason: The investment will be used to purchase 10 cotton wick making machines, and also for working capital...
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Business Overview
- We’re a newly established nonprofit in Faridabad, focused on social welfare and creating job opportunities for the unemployed.
- Our mission is to help those who are eager to work by providing them with sustainable livelihoods.
- We aim to kick off our operations by producing spun cotton products, specifically cotton wicks for pooja (worship) purposes.
- Our company is registered as a Section 8 Private Limited organization. We are not required to be registered under any financial regulator.
- We’re currently moving forward with purchasing 10 specialized machines for making both long and round cotton wicks.
- Our team is small right now, with just 2 dedicated employees, but we’re ready to grow as we expand our operations and hire more people.
- By focusing on locally sourced raw materials, we hope to boost the local economy and provide jobs within our community.
- We foresee steady profitability through the sale of our cotton wick products while driving social change in Faridabad.
- Our mission is to help those who are eager to work by providing them with sustainable livelihoods.
- We aim to kick off our operations by producing spun cotton products, specifically cotton wicks for pooja (worship) purposes.
- Our company is registered as a Section 8 Private Limited organization. We are not required to be registered under any financial regulator.
- We’re currently moving forward with purchasing 10 specialized machines for making both long and round cotton wicks.
- Our team is small right now, with just 2 dedicated employees, but we’re ready to grow as we expand our operations and hire more people.
- By focusing on locally sourced raw materials, we hope to boost the local economy and provide jobs within our community.
- We foresee steady profitability through the sale of our cotton wick products while driving social change in Faridabad.
Products & Services Overview
We aim to kick off our operations by producing spun cotton products, specifically cotton wicks for pooja (worship) purposes.These will be sold to retailers who sell pooja items.
Assets Overview
No tangible assets are owned by the business yet.Intangible asset includes the Section 8 Private Limited legal entity.
Facilities Overview
The registered address is in Faridabad.We will be renting a industrial hall/shed in Faridabad as well where we will store the 10 machines and carry out the production of cotton products.
Capitalization Overview
- Company limited by shares with authorized capital INR 1,00,000 and paid-up capital INR 10,000.- Two shareholders in a 90:10 split.
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