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Newly Established Packaging Material Wholesale Company Seeking Loan in Bangalore, India

Packaging material wholesale business with a 12,000 sq. ft. facility near Bengaluru seeks working capital.
This Business is on a 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
Locations  Bangalore
Local Time 9:39 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 360 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 ... View More
Collateral Available: USD 0
Includes physical assets worth USD 50 thousand
Interested to connect with advisors
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Business Name
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Documents
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.
Products & Services Overview
Our company will supply corrugated boxes, bopp tapes, pallets, foams, straps, bubble rolls, and stretch wraps.
Our products will support branding on them.
The target consumers will be large and medium industrial businesses that need these materials.
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
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1 Investor contacted this Business this week. Register below to connect now!
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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