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Plastics Company Seeking Loan in Jejuri, India

Waste management company with 100 tons monthly production capacity of plastic granules used in automotive.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 263 thousand
Run Rate Sales USD 244 thousand
EBITDA Margin 10 %
Industries Plastics
Locations  Jejuri
Local Time 4:38 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 60 thousand for 10.0% annual interest, 13 years (Native Currency: INR 5,000,000)
Reason: The owner wants to expand the business to other states.
Collateral Available: USD 0
Includes physical assets worth USD 36 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Recycling
Business Overview
- After checking the plastic samples for quality in our lab we get plastic from the local market and sometimes from Kolkata, and Hyderabad.
- We recycle the plastic and make granules from it, which are used to make automotive products like car bumpers by car parts manufacturers.
- Our production capacity is 100 tons per month.
- We have 10 clients in Pune and Gujarat who are automotive parts manufacturers.
- We have Udyam and GST certificates for operation.
- Due to low market demand and funds shortage there is a temporary drop in sales.
- Business registered in Cuttack but operating in Jejuri, Maharashtra.
Products & Services Overview
We recycle plastic and make granules from it which are used in making automotive products.
Assets Overview
The physical assets include all the machinery of the factory.
Facilities Overview
- The factory is 7,000 square feet which is rented.
- The monthly rent of the factory facility is INR 22k.
- The facility is in the MIDC area of Pune.
Capitalization Overview
- There is an INR 15 lakh HDFC loan and 30 lakh OD from a small finance bank.
- There are 2 shareholders in the business, with 50-50 shares.
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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