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Profitable Plastic Packaging Business Seeking Loan in Chennai, India

HDPE and LDPE films and pouches manufacturing firm seeking funds to expand the business.
This transaction has concluded.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 20 - 30 %
Industries Plastic Packaging
Locations  Chennai
Local Time 4:49 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 60 thousand for 12.0% annual interest, 10 years (Native Currency: INR 5,000,000)
Reason: Require working capital to take on more orders. To set-up own factory on our land, this will allow ... View More
Collateral Available: USD 50 thousand
Includes physical assets worth USD 120 thousand
Business Overview

- We manufacture HDPE and LDPE industrial films, compostable bags, woven sacks in plain and printed designs.

- We receive orders from Government entities, international clients and private sectors.

- Have many potential clients with us.

- We work on an order basis and the factory has the capacity to fulfil orders of up to INR 10 crores per year.

- Supplying our products all over India with our main market being South India.

- Due to the shortage of electricity, outdated machinery and lack of working capital we are unable to grow to our full potential, as a result, we have kept many of the orders on hold.

- Our sales have reduced compared to last year as we are unable to procure raw materials at a lesser price due to a shortage of working capital.

- Business owns, machinery, equipment, inventory, website.

Products & Services Overview

Manufacturers of plain and printed HDPE and LDPE films and pouches for various packing purposes.

Facilities Overview

Currently, the business is functioning in rental premises of 3,500 sq ft.

Land of 10,000 sq ft has been purchased to shift the factory.

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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