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Newly Established Vegetable Processing Company Seeking Loan in Lengpui, India

Seeking funding to establish a ginger/agri-processing unit on owned land for exporting and domestic markets.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Vegetable Processing
Locations  Lengpui
Local Time 12:14 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 580 thousand for 12.0% annual interest, 7 years (Native Currency: INR 50,000,000)
Reason: We are seeking a loan of INR 5 crore to establish a fully integrated ginger and multi-commodity proc... View More
Collateral Available: USD 395 thousand
Includes physical assets worth USD 395 thousand
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Business Overview
The company is a newly incorporated pre-revenue agro-processing company focused on ginger and multi-commodity value addition in Mizoram. With a planned capacity of 1 MT/hour for ginger processing and integrated cold storage, the company aims to serve the growing domestic and export demand for quality agri-products.
- Revenue model:
* Direct sale of processed ginger (fresh, dried, powdered).
* Contract processing for farmers and aggregators.
* Cold storage rental income.
- Target clients:
* Spice exporters, FMCG companies, and herbal product manufacturers.
* Local ginger farmers and agri-cooperatives.
- Projected processing capacity:
* 1 MT/hour ginger line.
* 200 kg/hour grading unit.
* 1,000 MT cold storage planned.
- Promoter experience:
* Led by professionals with a strong grounding in agri-business, project planning, and food processing.
* Supported by expert advisors and SIDBI-backed consultants.
- Business relationships:
* Initial discussions with the SIDBI Mizoram branch (visited in January and had a meeting the following month).
* Technical support and DPR prepared by experts.
- Future expansion plans:
* Add multi-commodity processing lines (turmeric, turmeric oil, garlic).
* Develop backwards linkages with local farmers.
- Certifications targeted upon completion of the project: FSSAI license, and ISO 22000:2018 compliance.
- The company is registered in Aizawl, and the proposed unit will be built in Lengpui.
Products & Services Overview
The business's top-selling products will be:
* Dried ginger flakes/powder – for export and domestic spice companies.
* Fresh graded ginger – for wholesalers, FMCG suppliers, and pharma industries.
* Ginger oil/extract (future expansion) – for ayurvedic, cosmetic, and food industries.
* Multi-commodity processing services – grading, dehydration, cold storage for contract clients.
- Who will use them and how:
* Spice exporters use dried ginger for global seasoning blends.
* FMCG and food companies use fresh or powdered ginger in packaged foods and beverages.
* Pharmaceutical and herbal brands use extracts in wellness and medicinal products.
* Local farmers and traders use the facility for sorting, drying, and storing ginger under contract processing.
Assets Overview
Tangible assets:
* Owned land: 2 acres (80,000 sq. ft. ) - valued at INR 3.4 crore.
- Planned facility assets (as per DPR):
* Factory Shed / PEB structure (8,000 sq. ft. ).
* Cold storage unit (1,000 MT capacity).
* Processing line machinery:
* Ginger cleaning, grading, dehydration units (1 MT/hour).
- Utilities & support infrastructure:
* Power backup (DG set – 220 KVA).
* Electrification, plumbing, ETP (300,000 L capacity)
* Water tanks, internal roads, office block, security & compound walls.
* Furniture & fixtures (office and operational areas).
Facilities Overview
The proposed facility will be developed on a 2-acre industrial plot (~80,000 sq. ft. ), which has been acquired by the promoters. The built-up area will cover approximately 8,000 sq. ft. within a single-storey pre-engineered building (PEB) structure, compliant with FSSAI and ISO 22000:2018 standards.
* Floors: Single-floor design for efficient material flow.
* Structure: Insulated PEB with PUFF panels, air handling units, and epoxy flooring.
- Additional infrastructure:
* Cold storage (1,000 MT capacity).
* Office block, restrooms, security gate, and internal roads.
* DG backup, ETP (300,000-liter), firefighting setup.
* Utilities: 100KW industrial 3-phase power, 10,000 L/day water supply.
Capitalization Overview
- Current funding status:
* Stage: Pre-operational.
* Funding source: Fully self-funded till date.
* Debt/loans: No loans or external debt as of now.
- Shareholding structure.
* Total shares issued: 10,000 equity shares.
* Total shareholders: 2 with 99% (promoter) and 1% stakes.
* Company type: Private limited company.
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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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