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Small Children Clothing Company Seeking Loan in Kozhikode, India

Startup India recognized contract apparel manufacturing company for 2 brands, seeking working capital.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 12.2 thousand
Run Rate Sales USD 27.7 thousand
EBITDA Margin Nil
Industries Children Clothing
Locations  Kozhikode
Local Time 12:24 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 27.7 thousand for 10.0% annual interest, 3 years (Native Currency: INR 2,400,000)
Reason: We are in talks with a new investor, but there is a temporary time delay and he can join our company... View More
Collateral Available: USD 0
Includes physical assets worth USD 44 thousand
Interested to connect with advisors
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Business Overview
- Startup children's clothing contract manufacturing company located in Kozhikode, India with 19 employees.
- Recognized by Startup India and Startup Kerala, with EAPC License and ZED Bronze Certificate.
- Provides manufacturing, branding and digital marketing services.
- Currently have 2 clients and a production capacity of INR 5 lakh per month.
- Developing our own eCommerce platform to sell products of both client's brands and our own brand in the future.
Products & Services Overview
We manufacture kids clothing. Our services include manufacturing, branding and digital marketing.
We are a contract manufacturer for other kids clothing brands.
Assets Overview
Tangible assets:
- 15 sewing machines, AC, laptops, Furnitures etc.
Intangible assets:
- 30-year land lease.
- Manufacturing contracts with 2 clients.
Facilities Overview
Currently, we have rental space for a manufacturing unit, the rent for the same is INR 15,000.
We also have an office in Calicut.
Our upcoming unit construction is going to start in the KSIDC Industrial area, Palakkad. The construction will be on a 30-year lease land and is expected to be completed in 1-2 years.
Capitalization Overview
Business is currently running in director's fund. There are 2 owners holding 75% and 25% of shares respectively.
Company has 80 lakh debt towards one of the Director.
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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