Small Jewellery Business Seeking Loan in Chennai, India
Makers of different jewellery items seeks funds to open its own showroom in Chennai.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 28 thousand |
| EBITDA Margin | Nil |
| Industries | Jewellery |
| Locations | Chennai |
| Local Time | 5:41 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
11.7 thousand
for
10.0%
annual interest,
1
year
(Native Currency: INR 1,000,000)
Reason: We want to open our own showroom.
Collateral Available: USD 0
Includes physical assets worth
USD
5.9 thousand
Business Overview
- Newly established company making different kinds of jewellery.
- We have our own workshops with 7 goldsmiths where we make the products and sell it under our brand name.
- We collaborate with leading boutiques in our area to provide us space where we sell our products.
- Currently we sell our products through 4 such boutiques in Chennai.
- Also sell our products through our social media account. We have 10,000 followers on our Facebook page.
- We also have 10 foreign clients mostly US based to whom we export the products.
- Promoter has an industry experience of 7 years.
- We have our own workshops with 7 goldsmiths where we make the products and sell it under our brand name.
- We collaborate with leading boutiques in our area to provide us space where we sell our products.
- Currently we sell our products through 4 such boutiques in Chennai.
- Also sell our products through our social media account. We have 10,000 followers on our Facebook page.
- We also have 10 foreign clients mostly US based to whom we export the products.
- Promoter has an industry experience of 7 years.
Products & Services Overview
Fashion Jewellery, Celebrity collections, Temple jewellery, American Diamond jewellery, Bridal collections, Kundan jewellery, Handmade jewellery, Terracotta jewellery, German Silver Jewellery.
Facilities Overview
1,000 Sq Ft workshop on rent.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Wires Manufacturers, Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Metals And Minerals Trading, Chennai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Healthcare Supply And Services, Pune, Corporate Investor / Buyer connected with the Business
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