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Poultry Business Seeking Loan in Kolkata, India

Seeking loan for poultry business: Manufacturing & supplying broiler chicks to farmers, farming broiler chicken.

Established 40-50 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 500 - 600 thousand
Run Rate Sales USD 530 thousand
EBITDA Margin 10 - 20 %
Industries Poultry
Locations  Kolkata
Local Time 9:26 AM Indian / Christmas
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 470 thousand for 17.0% annual interest, 7 years (Native Currency: INR 40,000,000)
Reason: Need funds for setting up environmentally controlled sheds and further increasing day-old chicks and... View More
Collateral Available: USD 0
Includes physical assets worth USD 3.5 thousand
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Business Overview
- Operate in 5-6 states, with a significant presence in West Bengal, Bihar, Jharkhand, and Odisha.
- Procure broiler fertile hatching eggs from top suppliers in the country. To make sure about the quality of the day-old chicks.
- Mainly engaged in B2B transactions, providing day-old broiler chicks to farmers and businesses involved in broiler farming.
- Our promoters possess over 35 years of industry experience. And this family-owned business is now taken care by the next generation from the family.
- Hold necessary licenses, including a trade license and MSME registration.
- Despite being exempted from GST due to our agricultural nature, we voluntarily maintain GST registration.
- Ensure chicks are transported within 5-6 hours to maintain their health and viability.
- Collaborate with external partners for incubation facilities to meet demand efficiently.
- Also have a set up to run contract broiler farming of monthly 50000 birds in very close proximity of Kolkata and thus supplying the full grown broiler chicken to the Kolkata market.
- The contract broiler farming division is within 40 km from Kolkata. We have a set of registered farmers and offices to run the contract broiler farming business.
- In contract broiler faring the company provides day-old chicks from its production to the farmers and also provides good quality feed to the farmers to feed the birds. Along with this the company also provides medical support and medicine and vaccination facilities to the farmers. Once, the birds are ready for selling company arrange the selling part and based on the production quantity the farmer gets a payment on a per kg basis.
- The company has a robust network to supply the day-old chicks and full-grown broiler birds in West Bengal and its surroundings.
- Repayment can start from 6 to 8 months after receiving the loan and we will be able to cater to the loan from the revenue we generate from the business.
Products & Services Overview
- Specialised in selling day-old broiler chicks to farmers and boiler farming companies in West Bengal and surrounding states.
- Contract broiler farming for selling full grown broiler chicken to the market in West Bengal, specially in Kolkata.
Assets Overview
Furniture, fixtures, equipment, and vehicles are all owned by individuals since it is a sole proprietorship.
Facilities Overview
- Office facility of 500 sq ft, with a rent per month of INR 11k. with a godown for storing feed and raw materials.
- For incubation purpose we have collaboration with one of the top hatchery unit in West Bengal with top quality production facility.
Capitalization Overview
- Sole proprietorship with a 100% stake held by the owner.
- Secured a term loan of INR 10 lakhs with an annual interest rate of 15% for a 3-year duration. Upon which 2 years completed.
- Obtained an flexi loan facility from Bajaj Finance Services for INR 30 lakhs.
-Obtained an flexi loan facility from L & T finance of 30 lakhs.
Recent Activity
  • Earlier than 15 days
    Founder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
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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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