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Specialty Chemicals Wholesale Company Seeking Loan in Chennai, India

Manufacturer, and trader of chemicals & allied products for detergent industry, seeks a loan.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 900 thousand - 1 million
Run Rate Sales USD 7 million
EBITDA Margin 0 - 10 %
Industries Specialty Chemicals Wholesale
Locations  Chennai
Local Time 1:13 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2.7 million for 10.0% annual interest, 5 years (Native Currency: INR 200,000,000)
Reason: Loan is required for additional working capital to procure raw materials.
Collateral Available: USD 1.6 million
Includes physical assets worth USD 1.3 million
Interested to connect with advisors
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Business Name
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Business Overview

- Business is engaged in manufacturing, and trading of chemicals & allied products.

- We manufacture 7-8 products like LABSA, sulphuric acid, alum, and potassium permanganate.

- Procure the raw material from 3 suppliers in India and 4 major vendors in Saudi Arabia, Iran, China, and Spain.

- We cater to the needs of the soap and detergent industry, we have more than 75 existing customers and 10 well known brands as our customers.

- Our business grows at 10% YoY and we are exploring export markets.

- We have seen a high growth in the revenue this year as we acquired a manufacturing facility with the plant, which helped us to increase our production.

- Prior to acquisition of the manufacturing facility our production capacity was 2,400 tonnes per month and now it has increased to 6,000 tonnes per month.

Products & Services Overview

We are engaged in manufacturing LABSA, sulphuric acid, alum, and potassium permanganate that are primarily used in the soap and detergent industry.

Assets Overview

Our physical assets include the factory land and building along with the machinery.

Facilities Overview

17,500 sq. ft. built-up area of factory with an area of 2.14 acres of land The land is owned by 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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