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Seafood Processing Company Seeking Loan in Balasore, India

Seafood exporting company supplying to 25+ clients seek a loan.

Established 1-5 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 5.8 million
Run Rate Sales USD 25 million
EBITDA Margin 10 %
Industries Seafood Processing
Locations  Balasore
Local Time 12:40 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 5.8 million for 10.0% annual interest, 3 years (Native Currency: INR 500,000,000)
Reason: Need funds to buy more raw materials.
Collateral Available: USD 0
Includes physical assets worth USD 9.3 million
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
1. The company is a seafood processing business located in Balasore, specializing in exporting shrimp to various international markets.
2. It has a diverse client base, serving over 25 wholesalers in countries such as Japan, Canada, the US, Europe, China, Vietnam, the UK, and the UAE.
3. With a processing capacity of 70 tonnes per day, the company has the ability to handle large-scale production to meet export demands.
4. The business sources its raw materials from multiple dealers, ensuring a steady and reliable supply chain for production.
5. After obtaining the export license, the company has experienced a significant increase in sales, indicating a strong potential for growth and profitability in the international market.
6. The company holds various certifications including GST, COI, IEC, and MSME, demonstrating compliance with regulatory and quality standards, and fostering credibility in the industry.
7. We have 150 permanent employees and 200 contract-based employees.
8. Company is registered in New Delhi but the operations are based out of Balasore.
Products & Services Overview
We sell fish but shrimp is our main exporting product.
Assets Overview
Tangible assets include 4 acres of land, stock worth INR 40 crores, and processing machinery.
Facilities Overview
Unit is located in the north of the city on a 4 acres of land. It is company-owned.
Capitalization Overview
- Company has 2 shareholders with equal shareholding.
- The business has a loan of INR 50 crores.
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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