Profitable Bags Manufacturing Company Investment Opportunity in Varanasi, India
Company eradicating begging by transforming beggars into entrepreneurs and converting donations into social-impact investments.
This transaction has concluded.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 6.5 thousand |
| Run Rate Sales | USD 84 thousand |
| EBITDA Margin | 33 % |
| Industries | Bags Manufacturing |
| Locations | Varanasi |
| Local Time | 7:28 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
820 thousand
for
25.0%
stake
(Native Currency: INR 70,000,000)
Reason: The founders with their unique strengths of innovation, branding and networking have devised a roadm...
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Includes physical assets worth
USD
2 thousand
Documents
DPIIT Certificate
(3.6 MB)
Report in New York based Epoch Times
(79.5 KB)
Product Catalogue
(541.7 KB)
Another Service of the Company
(739.4 KB)
ROC-Verification.pdf
(73.7 KB)
Business Overview
- First profit making company in the world created for beggars.
- We bring in beggars, train them as per their interest and let them create products such as bags, pooja items and handicraft products.
- Have 12-15 beggars with us and we will bring in more beggars soon to expand the business.
- Selling both online and offline. Most of the sales happen offline.
- Sold 1,000-1,200 bags in Delhi recently.
- Generated revenue of INR 48 lakh before registering it in August this year.
- Have a Certificate of Recognition by DPIIT as a social impact industry.
- Business has been in national and international news as an innovative company.
- We bring in beggars, train them as per their interest and let them create products such as bags, pooja items and handicraft products.
- Have 12-15 beggars with us and we will bring in more beggars soon to expand the business.
- Selling both online and offline. Most of the sales happen offline.
- Sold 1,000-1,200 bags in Delhi recently.
- Generated revenue of INR 48 lakh before registering it in August this year.
- Have a Certificate of Recognition by DPIIT as a social impact industry.
- Business has been in national and international news as an innovative company.
Products & Services Overview
Manufacturing and sale of:1. Rudraksha.
2. Standardized pooja items.
3. Eco-friendly cotton shopping bags.
Assets Overview
1. Unique brand value.2. Goodwill.
3. Network of brand ambassadors.
4. A few sewing machines, raw materials and other inventories.
Facilities Overview
1. 3,000 sq ft built-up area.2. Total 3 floors including a training & meeting hall.
3. Property is on rent.
Capitalization Overview
1. Bootstrapped company with no liabilities.2. Have donor investors.
3. Company has 2 directors with 20 and 80% share split.
Recent Activity
-
Earlier than 15 daysDirector, Electrical & Electronic Manufacturing, Utrecht, Individual Investor / Buyer connected with the Business
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