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Seafood Processing Business Seeking Loan in Gummidipundi, India

Business is engaged in exporting prawns to non-EU countries except USA, with 6 + clients.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 100 - 500
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 4.3 million
Run Rate Sales USD 4.4 million
EBITDA Margin 8 %
Industries Seafood Processing
Locations  Gummidipundi
Local Time 1:16 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 1 million for 12.0% annual interest, 5 years (Native Currency: INR 80,000,000)
Reason: For working capital.
Collateral Available: USD 0
Includes physical assets worth USD 1.8 million
Interested to connect with advisors
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Business Name
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Business Overview

- Export business selling prawns to non-EU countries.

- We procure prawns from 3 major vendors.

- Our processing capacity is 6 tonnes per shift.

- Facility has a cold storage with a capacity of 200 tonnes.

- We export to 6 clients. 2 of them are from UK, 2 from Japan, and 2 from Middle East.

- Our assets include land, building, IQF & plate freezer, storage facility, license, client database, machinery, raw materials which are hard immovable assets hence exceed the business valuation.

- The business has a term loan and a credit limit from the bank of INR 25 crore.

- Company has 3 owners with equal ownership stake.

- Business is registered in Kancheepuram but we operate from Gummidipundi.

Products & Services Overview

We deal in mostly frozen value added products like Peeled & Deveined (PD), Peeled & Deveined Tail on (PDTO), Head- on (HON), Pull Vein Peeled & Deveined (PVPD. ) and Head Less.

Assets Overview

Our assets include land, building, IQF & plate freezer, storage facility, license, client database, machinery, raw materials.

Facilities Overview

Owned 1.24 acres of land with a built up area of 25,000 sq ft.

Recent Activity
  • Earlier than 15 days
    Executive Director, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Managing Partner, Chennai, Financial Consultant connected with the Business
  • Earlier than 15 days
    CEO, Ahmedabad, 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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