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Textile Packaging Business Seeking Loan in Hyderabad, India

Seeking funds to set up a manufacturing factory of cotton bags.
This transaction has concluded.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Textile Packaging
Locations  Hyderabad
Local Time 9:38 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 7 thousand for 12.0% annual interest, 5 years (Native Currency: INR 600,000)
Reason: Require funds to purchase machinery and hire staff for this new entity in order to start producing c... View More
Collateral Available: USD 0
Interested to connect with advisors
Documents
GST Certificate
Business Overview

- We are a manufacturer of jute and matty bags and are looking to set up a new entity to produce cotton bags.

- With our current machinery we can manufacture around 5,000 bags of any material per day but we plan to buy new machinery to manufacture cotton bags.

- Already have a network of shopping malls and retailers who buy our jute and matty bags.

- The company under which we produce jute and matty bags has a monthly revenue of INR 5 lakh.

- Our clientele is not restricted only to Hyderabad and we have demand from all over India.

- Promoter has over 11 years of experience in manufacturing of shopping bags.

- In the future we plan to also start manufacturing of masks with cotton fabric through this entity.

Products & Services Overview

Looking to start production of cotton bags. In the future we will manufacture masks made with cotton fabric.

Facilities Overview

Leased factory of 830 yards from where we manufacture jute and matty bags. We would use a section of this facility for this entity as well.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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