Plastics Business Seeking Loan in Ichalkaranji, India
Starting up a waste plastic collection, reprocessing unit that will sell plastic granules to manufacturers.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Plastics |
| Locations | Ichalkaranji |
| Local Time | 1:24 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
INR
10 lakh
for
10.0%
annual interest,
5
years
(Native Currency: INR 1,000,000)
Reason: To start the business and acquire machinery.
Collateral Available: INR 0
Includes physical assets worth
INR
50 thousand
Interested to connect with advisors
Business Overview
- We are planning on starting a plant to collect plastic waste and process it into plastic granules.
- This product is used in all plastic manufacturing industries.
- We would be selling the product initially only within Maharashtra.
- There is relatively low competition in the industry and recycling of plastic is a major objective of most companies and government agencies.
- Currently the company owns 1 machine and would require further funds to get more as well as to set up a facility.
- Promoter has over 15 years of experience working in the field of plastics and plastic manufacturing.
- This product is used in all plastic manufacturing industries.
- We would be selling the product initially only within Maharashtra.
- There is relatively low competition in the industry and recycling of plastic is a major objective of most companies and government agencies.
- Currently the company owns 1 machine and would require further funds to get more as well as to set up a facility.
- Promoter has over 15 years of experience working in the field of plastics and plastic manufacturing.
Products & Services Overview
Reprocessing of waste plastic and selling plastic granules.
Facilities Overview
We will be renting an area which will be sufficient for the plant.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysManager, Oil & Energy, Chamarajanagar, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
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