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Small Jewellery Business Seeking Loan in Chennai, India

Makers of different jewellery items seeks funds to open its own showroom in Chennai.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 32 thousand
EBITDA Margin Nil
Industries Jewellery
Locations  Chennai
Local Time 12:03 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 13 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 7 thousand
Name, Phone, Email
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Business Name
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User Verification
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.

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.

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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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