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Plastics Company Seeking Loan in Amravati, India

Company involved in the production of plastic packaging and storage material for clients like D Mart and Safexpress.
This transaction has concluded.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 430 thousand
EBITDA Margin 10 - 20 %
Industries Plastics + 1 more
Locations  Amravati + 1 more
Local Time 1:08 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 800 thousand for 12.0% annual interest, 5 years (Native Currency: INR 65,000,000)
Reason: We require funds to set up our manufacturing unit so that all steps of production can be in-house. F... View More
Collateral Available: USD 360 thousand
Includes physical assets worth USD 300 thousand
Interested to connect with advisors
Documents
Business Overview

- Business is involved in the production of plastic packaging and other products necessary for the retail, logistics, food, battery, and pharma sector.

- Have developed our own moulds which are used for production.

- Utilise injection and roto moulding techniques.

- Cater to a diverse clientele where the credit period varies between 30 to 45 days and most orders are made on a case to case basis.

- Our clients include Big Bazaar, D Mart, PCI, Safexpress, Jubilant Foodworks, Exide, and pharma companies.

- Have signed a contract with Walmart India to supply 1,100-litre dustbins for 32 locations.

- We import certain raw materials from the People's Republic of China and have an IEC certificate.

- We expect growth in our business as Asian countries are expected to see the highest growth in demand across all sectors.

- The owner has 10 years of work experience across various sectors.

Products & Services Overview

Intermediate bulk containers, pallets, hand pallet trucks, drums and cans, waste bins, on-ground and underground tanks for water and oil.

Assets Overview

Product moulds, machines, accessories, office, land for the manufacturing facility.

Facilities Overview

Leased warehouse and assembly line of 30,000 sq. ft. in Greater Noida.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Proprietor, Pune, Financial Consultant connected with the Business
  • Earlier than 15 days
    Independent Advisor, Delhi, Financial Consultant connected with the Business
  • Earlier than 15 days
    Independent Advisor, Mumbai, Financial Consultant connected with the Business
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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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