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Plastic Packaging Business Seeking Loan in Vasai, India

Invest in a blow molding bottle manufacturer that exclusively supply to the Government of Karnataka.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 140 thousand
Run Rate Sales USD 280 thousand
EBITDA Margin 15 %
Industries Plastic Packaging
Locations  Vasai
Local Time 4:26 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 35 thousand for 18.0% annual interest, 2 years (Native Currency: INR 3,000,000)
Reason: To address the gap in working capital requirements, as the physical assets are critical to daily ope... View More
Collateral Available: USD 46 thousand
Includes physical assets worth USD 46 thousand
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Business Overview
1. The business operates as a plastic blow molding bottle manufacturing unit in Vasai, India, with a focus on serving the agricultural, industrial, and government sectors.
2. The company's top products include agrochemical bottles, veterinary bottles, and ink bottles, catering to a diverse set of clients within the aforementioned sectors.
3. A notable achievement is the exclusive supply of 30 lakhs and 15 ml indelible ink bottles for the recent general elections in India, securing a significant government contract and establishing a track record of reliability and capability.
4. The business holds essential certifications, including a GST certificate and MSME certificate, underscoring compliance and recognition within the industry.
5. Key clients encompass renowned organizations such as Adasca, Artek Surfin Chemicals, Advance Pesticides, Lyka Labs and Mysore Paints and Varnish Ltd, reflecting the company's ability to secure contracts with reputable entities in both private and public sectors.
6. With a team of 10 employees, the business represents a lean and efficient operation, fostering a focused and agile approach to manufacturing and client service.
Products & Services Overview
We cater to different companies in the agricultural, industrial and governmental sectors. Top products include:
- Agro-chemical bottles.
- Veterinary bottles.
- Ink bottles.
Assets Overview
Tangible assets in the business include-:
- Plant & machinery.
- Inventories.
Facilities Overview
2,500 sq feet gala in Vasai Maharashtra under rent, INR 5.36 lakh per annum.
Capitalization Overview
INR 40-50 lakh funded by the proprietor, INR 45 lakh Working capital, INR 25 lakh personal and machinery loan, and an INR 5 lakh COVID loan.
Recent Activity
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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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