Plastics Business Seeking Loan in Silvassa, India
Manufacturer and trader of plastic granules including polypropylene and other varieties, seeks expansionary funding.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 2.37 million |
| Run Rate Sales | USD 2.37 million |
| EBITDA Margin | 3 % |
| Industries | Plastics |
| Locations | Silvassa |
| Local Time | 4:24 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
560 thousand
for
12.0%
annual interest,
3
years
(Native Currency: INR 50,000,000)
Reason: Require working capital to expand the business. We will not purchase more machinery but outsource th...
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Collateral Available: USD 0
Includes physical assets worth
USD
53 thousand
Interested to connect with advisors
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Business Overview
- Located in Silvassa, this business specializes in manufacturing and trading plastic granules, including high-demand materials like polypropylene, high-density polyethylene (HDPE), linear low-density polyethylene (LLDPE), and high melt (HM) plastic granules.
- The company employs 5 full-time employees and outsources additional production, ensuring a flexible workforce to meet market demands.
- We have one complete set of extruder machinery for production that operates from one of our two rented industrial galas in Silvassa.
- Our own unit produces 70-75 tons of plastic granules per month while we outsource about 125 ton of production monthly.
- The primary customers include injection molding and extrusion firms that create various plastic components, as well as packaging manufacturers focused on producing bottles, films, and containers.
- Additional clientele includes automotive suppliers, consumer goods and appliance manufacturers, construction material producers, and businesses involved in electrical enclosures and industrial components.
- The company is compliant with necessary regulations, holding both a GST certificate and a registration certificate.
- The company employs 5 full-time employees and outsources additional production, ensuring a flexible workforce to meet market demands.
- We have one complete set of extruder machinery for production that operates from one of our two rented industrial galas in Silvassa.
- Our own unit produces 70-75 tons of plastic granules per month while we outsource about 125 ton of production monthly.
- The primary customers include injection molding and extrusion firms that create various plastic components, as well as packaging manufacturers focused on producing bottles, films, and containers.
- Additional clientele includes automotive suppliers, consumer goods and appliance manufacturers, construction material producers, and businesses involved in electrical enclosures and industrial components.
- The company is compliant with necessary regulations, holding both a GST certificate and a registration certificate.
Products & Services Overview
- The top-selling products include polypropylene, high density polyethylene, LLDPE, and HM plastic granules used in various industrial applications.- Customers typically include injection molding and extrusion firms that produce plastic components, packaging manufacturers creating bottles, films, and containers, and automotive suppliers making interior and exterior plastic parts.
- We also cater to consumer goods & appliance manufacturers, construction material producers, and companies involved in electrical enclosures and industrial components.
Assets Overview
Tangible assets include:- One complete set of extruder machinery.
- RCC structure of two industrial gala buildings.
Facilities Overview
- We operate from two rented industrial gala buildings in Silvassa, one is of 1,700 sq. ft. while the other is of 3,000 sq. ft.- One gala serves as a production unit while the other serves as a warehouse.
- The land is leased but the building structure is owned by us.
Capitalization Overview
- Outstanding loans amounting to INR 2.5 crore.- The business has one single owner.
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