Newly Established Packaging Material Wholesale Company Seeking Loan in Bangalore, India
Quality packaging materials & equipment supplier in Bengaluru seeks business loan for working capital.
Premium Plan
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Packaging Material Wholesale + 1 more |
| Locations | Bangalore |
| Local Time | 6:42 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
350 thousand
for
12.0%
annual interest,
10
years
(Native Currency: INR 30,000,000)
Reason: The loan is required as working capital. We will pay an annual interest rate of 12% for the first 2 ...
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Collateral Available: USD 0
Includes physical assets worth
USD
47 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(65.8 KB)
Business Overview
- Business that plans to supply packaging material.
- The company has 4 full-time employees and 3 contractors.
- We plan to start operations in April and we have an operational facility of 12,000 sq. ft near Bengaluru.
- The target customers for us are medium to large industrial enterprises.
- Our research has shown that these companies spend about 5% of their total expenses on packaging material.
- This gives us a huge opportunity to outperform existing players in this unorganized industry.
- The founders have been researching this industry and worked to build this business for the last 2 years. They have invested INR 1.5 crore of their own money.
- The business was a proprietorship for the last 2 years and is now a private limited entity.
- The company has 4 full-time employees and 3 contractors.
- We plan to start operations in April and we have an operational facility of 12,000 sq. ft near Bengaluru.
- The target customers for us are medium to large industrial enterprises.
- Our research has shown that these companies spend about 5% of their total expenses on packaging material.
- This gives us a huge opportunity to outperform existing players in this unorganized industry.
- The founders have been researching this industry and worked to build this business for the last 2 years. They have invested INR 1.5 crore of their own money.
- The business was a proprietorship for the last 2 years and is now a private limited entity.
Products & Services Overview
- Our company supplies quality secondary and tertiary packaging materials.- Corrugated boxes, interior forms, bubble rolls, foams, thermocol, shrink wraps, bopp tapes, straps, pallets, and containers.
- Packaging equipments are bopp tape, bubble roll, strap, and shrink wrap dispensers.
- We support design, development and branding on packaging materials.
- Target consumers are large and medium industrial product based businesses.
- Target markets are pharma, electronics, electricals, automotive, medical, consumer, heavy duty, and hardware.
Assets Overview
The tangible assets include infrastructure INR 40 lakh, warehouse.Land is leased.
We invested about INR 1.5 crore of our own money into this business.
Facilities Overview
Rented office space and warehouse of 12,000 sq. ft. in Ganukal near Bengaluru, Karnataka.The built-up area is 6,000 sq. ft. while we have an additional 6,000 sq. ft. for expansion.
Capitalization Overview
- Two shareholders in a 98:2 shareholding split.- No bank loans.
- Bootstrapped till now and using our savings to pay costs for research, capex, and salaries.
Recent Activity
-
Earlier than 15 daysManager, Helsinki, Law Firm connected with the Business
-
Earlier than 15 daysBusiness Development Manager, Chicago Atlantic Group, Chicago, Financial Institution connected with the Business
Tags:
Newly Established Packaging Material Wholesale Company Seeking Loan in Bangalore, India
·Lend to Newly Established Packaging Material Wholesale Company in Bangalore, India
·Newly Established Packaging Material Wholesale Company Seeking Loan in Bengaluru
·Lend to Newly Established Packaging Material Wholesale Company in Bengaluru
·Newly Established Industrial Company Seeking Loan in Bangalore, India
·Newly Established Packaging Material Wholesale Company Seeking Loan
·Lend to Newly Established Industrial Company in Bangalore, India
·Newly Established Industrial Company Seeking Loan in Bengaluru
·Lend to Newly Established Packaging Material Wholesale Company
·Lend to Newly Established Industrial Company in Bengaluru
·Newly Established Industrial Company Seeking Loan
·Lend to Newly Established Industrial Company
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