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Plastics Business Seeking Loan in Pondicherry, India

Manufacturer of plastic granules for automotive compounders from Pondicherry, supplying to 3 major industrial clients.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 360 thousand
EBITDA Margin 7 %
Industries Plastics
Locations  Pondicherry
Local Time 3:50 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 60 thousand for 15.0% annual interest, 5 years (Native Currency: INR 5,000,000)
Reason: Our current manufacturing capacity is only 1,200MT per year whereas the order size received is 900 M... View More
Collateral Available: USD 60 thousand
Includes physical assets worth USD 72 thousand
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Factory License
IEC Certificate
GST Copy
Business Overview
- Pondicherry based manufacturers of plastic granules for automotive compounders.
- We supply to 3 major industrial clients -
- Our order size is 900MT per year.
- Cost starts from INR 65k per MT.
- Our current manufacturing capacity is only 1,200 tones per year. Hence, seeking loan to expand the working capital so that we can meet the order size.
- Raw materials are procured from various bulk buyers and scrap dealers from Chennai, Hyderabad and Kerala.
- Our products are highly reliable, durable and cost-effective.
- The business has GST and Udyam registration, pollution control license, IEC license and factory license.
- Promoter has 10 years of experience in supply chain.
Products & Services Overview
Plastic granules for automotive compounders - small pellets of plastic specifically manufactured for use by automotive compounders.
These plastic granules serve as the raw material for creating various plastic components used in automobiles, such as interior parts, exterior body panels, engine components, and more.
These compounds are then molded or formed into the necessary shapes and parts used in vehicles during manufacturing.
We supply to 3 major industrial clients.
Assets Overview
Physical assets include processing machinery, commercial van, and QA lab equipment.
Facilities Overview
Manufacturing unit at 650Sq. m land, located in Mettupalayam, Pondicherry, which has all the necessary machinery along with a testing facility. Rent of INR 1.5 lakhs/year is paid.
Capitalization Overview
* Business is self-funded from secured and unsecured loans.
* Total debit - INR 1.5Cr & Total credit - INR 2 Cr.
* Has 1 director, holding 100% ownership.
Recent Activity
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6 Investors already contacted this Business. Register below to connect now!
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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