Stationery Business Seeking Loan in Domkal, India
Business selling student ID cards to 75 private schools in West Bengal is seeking a business loan.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 10 - 20 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | 20 - 30 % |
| Industries | Stationery |
| Locations | Domkal |
| Local Time | 1:28 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
2.2 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 200,000)
Reason: Promoter is seeking loan in order to increase the production. The funds will be used to purchase mac...
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Collateral Available: USD 0
Includes physical assets worth
USD
13.3 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
GST Certificate
(87.8 KB)
Individual ITR
(57.1 KB)
Business Overview
- We manufacture school stationery for 75 private schools in Malda & Murshidabad districts of West Bengal.
- Currently halted operations due to COVID-19 pandemic.
- We make more than 15 types of products which include belts, ties, student ID cards, wall calendars, screenprints, and table calendars.
- Supplies more than 85,000 identity cards and other stationery to 75 private schools every year.
- The majority of the business works on cash.
- We were operating with monthly sales of INR 1.5 lakh and had a total of 15 employees.
- We expect to resume services next year with an increase of 20% with more capacity and better machinery.
- Have secured two loans from online portals of INR 45,000 and INR 70,000 respectively and we have been regularly paying our EMIs.
- The promoter has been working and running this business since 2011.
- Currently halted operations due to COVID-19 pandemic.
- We make more than 15 types of products which include belts, ties, student ID cards, wall calendars, screenprints, and table calendars.
- Supplies more than 85,000 identity cards and other stationery to 75 private schools every year.
- The majority of the business works on cash.
- We were operating with monthly sales of INR 1.5 lakh and had a total of 15 employees.
- We expect to resume services next year with an increase of 20% with more capacity and better machinery.
- Have secured two loans from online portals of INR 45,000 and INR 70,000 respectively and we have been regularly paying our EMIs.
- The promoter has been working and running this business since 2011.
Products & Services Overview
Student identity cards, ties, belts, screenprints, wall calendars, and table calendars.
Facilities Overview
Owned 200 sq. ft. corporate office and a manufacturing unit with a built-up area of 600 sq. ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Retail, Chicago, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Chennai, Financial Consultant connected with the Business
-
Earlier than 15 daysShareholder/Director, Accounting Firm, Kolkata, Corporate Investor / Buyer connected with the Business
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