Profitable Generic Pharmaceuticals Company Seeking Loan in Udaipur, India
Seeking business loan: Distributor & supplier of patented medicines for multiple ailments across India.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 920 |
| Run Rate Sales | USD 10.4 thousand |
| EBITDA Margin | 40 % |
| Industries | Generic Pharmaceuticals |
| Locations | Udaipur |
| Local Time | 9:17 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
5.8 thousand
for
18.0%
annual interest,
2
years
(Native Currency: INR 500,000)
Reason: Require loan for expansion. The business aims to use the loan to ramp up production in order to meet...
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Collateral Available: USD 0
Includes physical assets worth
USD
1.73 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- The business has developed 43 medicines under its own brand. We hold patents on 20 medicines and have a patent pending on others. The patents have been approved by IndiaFilings in Chennai.
- We hold exclusive rights to manufacture & supply of these medicines.
- We outsource the manufacturing of these drugs with over 20 manufacturers in Rajasthan who charge between 20 to 30 percent of MRSP of each drug. These numbers vary with different units of volume. These contracts have no expiration.
- The business supplies these drugs to various hospitals in Rajasthan along with other B2B channels. No revenue is incurred via retail or B2C.
- We sell our products at 90% of its MSRP and is fixed for all its products. The profit margin for all buyers remains fixed at 10%.
- Our business follows WHO GMP (Good Manufacturing Practices) for creating its drugs along with several quality checks & health assessments. Pharma manufacturing licenses are also in possession of the business.
- The business outsources its logistics for which the cost is borne by the buyers.
- We commenced operations from November 2020. Prior to that we operated under a different brand name.
- We hold exclusive rights to manufacture & supply of these medicines.
- We outsource the manufacturing of these drugs with over 20 manufacturers in Rajasthan who charge between 20 to 30 percent of MRSP of each drug. These numbers vary with different units of volume. These contracts have no expiration.
- The business supplies these drugs to various hospitals in Rajasthan along with other B2B channels. No revenue is incurred via retail or B2C.
- We sell our products at 90% of its MSRP and is fixed for all its products. The profit margin for all buyers remains fixed at 10%.
- Our business follows WHO GMP (Good Manufacturing Practices) for creating its drugs along with several quality checks & health assessments. Pharma manufacturing licenses are also in possession of the business.
- The business outsources its logistics for which the cost is borne by the buyers.
- We commenced operations from November 2020. Prior to that we operated under a different brand name.
Products & Services Overview
The business is a supplier of over 43 medicines which are sold to other distributors & hospitals.
Assets Overview
The physical assets include: inventory, laptops and printers.
Facilities Overview
The facility is spread across 160 sq. ft. and is owned by the owner.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Pharmaceuticals, Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Chennai, Financial Consultant connected with the Business
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Earlier than 15 daysOwner, Dental Clinic, Kolkata, Individual Investor / Buyer connected with the Business
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