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Rubber Product Wholesale Business Seeking Loan in Coimbatore, India

Coimbatore based coir and rubber mats trading company with 108 clients and 80% from TN.

Established 20-30 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 180 thousand
Run Rate Sales USD 360 thousand
EBITDA Margin 12 %
Industries Rubber Product Wholesale
Locations  Coimbatore
Local Time 7:25 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 120 thousand for 10.0% annual interest, 3 years (Native Currency: INR 10,000,000)
Reason: To fulfil orders in hand, we need to procure more materials and process further orders.
Collateral Available: USD 0
Includes physical assets worth USD 100 thousand
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Business Overview

- Coir and rubber mats trading company located in Gandhipuram, Coimbatore.

- Our products include coir door mat, roll mat, rubber door mat, cow and horse mats.

- We have approx. 30 suppliers. We source coir from Alleppey and Kottayam, Kerala and rubber from Delhi, UP, Tamil Nadu, Haryana etc.

- We have approximately 108 clients pan India. 80% of our clients are from Tamil Nadu, and rest are from Karnataka, Andhra Pradesh, Haryana etc.

- Our major client is Sarvodaya Sangam.

- 60% of the clients are from Quasi government sectors. Our private clients include Corporate companies like Kumaraguru College, Coimbatore, LG, TITAN etc.

- For government companies, the orders are recurring and products are supplied every 3 months. The value of each supply is INR 2 to 3 lakhs.

- For private companies, products are supplied based on orders received. We receive about 3-4 orders per day. Each order consists of approx. 300 - 500 pieces and the approx. value of each piece is INR 2,500.

- There is significant increase in sales from last year as we have started online trading through Instamart.

- Instamart online sales contribute to 40% of revenue generated. 5% commission is paid per order.

- We have 5 permanent employees, working in clerical, dispatch and sales roles.

- The company has been registered for 20 years with IT filings and has MSME, GST, IT and PAN card.

Products & Services Overview

Our products include coir door mat, roll mat, rubber door mat, cow and horse mats.

Cow mats are the top selling products.

We have approximately 108 clients Pan India. 80% of our clients are from Tamil Nadu, and rest are from Karnataka, Andhra Pradesh, Haryana etc.

Assets Overview

Physical assets include inventory (INR 80 lakhs) and office equipment (INR 5 lakhs)

Facilities Overview

Own inventory space of 1,500 sqft.

Office space of 1,500 sqft on rent. Rent is INR 20k per month.

Both of these facilities are located in Gandhipuram, Coimbatore.

Capitalization Overview

The business is funded by the directors.

We have INR 40 lakhs cc limit from bank.

The business is Sole Proprietorship, which is assisted and run by family members.

There are 3 directors, with ownership of 34%, 33% and 33%.

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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