Synthetic Fabrics Business Seeking Loan in Malegaon, India
Manufacturing business producing HDPE knitted fabric for agricultural industry seeks working capital to boost production.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 660 thousand |
| Run Rate Sales | USD 660 thousand |
| EBITDA Margin | 10 % |
| Industries | Synthetic Fabrics |
| Locations | Malegaon |
| Local Time | 2:35 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
440 thousand
for
11.0%
annual interest,
5
years
(Native Currency: INR 40,000,000)
Reason: - Working capital to increase capacity utilization.
- To buy some more machinery that can also incr...
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Collateral Available: USD 0
Includes physical assets worth
USD
590 thousand
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Business Overview
- Manufacturer and wholesaler of technical textiles like shade net and LD liners.
- With an installed capacity of 55-60 MT per month, the firm efficiently utilizes approximately 73% of its capacity, producing 40 MT monthly to meet varied demands in the agriculture and construction sectors.
- A robust business model is driven by seasonal demand patterns, necessitating strategic reserves of working capital to maximize output and capitalize on peak agricultural cycles.
- The enterprise benefits from a seasoned textile engineer at its helm, ensuring high-quality product development and operational efficiency.
- Products, including warp knitted shade nets, are highly sought after in sectors like agriculture and construction, serving end-users such as farmers and agro-companies, as well as companies setting up greenhouses.
- The business prides itself on compliance and transparency, evidenced by its partnership deed and GST registration, reflecting good governance and operational legitimacy.
- With a lean, dedicated workforce of 25 employees, the company is poised for scalability in the synthetic fabrics sector, particularly in technical textiles for evolving market needs.
- With an installed capacity of 55-60 MT per month, the firm efficiently utilizes approximately 73% of its capacity, producing 40 MT monthly to meet varied demands in the agriculture and construction sectors.
- A robust business model is driven by seasonal demand patterns, necessitating strategic reserves of working capital to maximize output and capitalize on peak agricultural cycles.
- The enterprise benefits from a seasoned textile engineer at its helm, ensuring high-quality product development and operational efficiency.
- Products, including warp knitted shade nets, are highly sought after in sectors like agriculture and construction, serving end-users such as farmers and agro-companies, as well as companies setting up greenhouses.
- The business prides itself on compliance and transparency, evidenced by its partnership deed and GST registration, reflecting good governance and operational legitimacy.
- With a lean, dedicated workforce of 25 employees, the company is poised for scalability in the synthetic fabrics sector, particularly in technical textiles for evolving market needs.
Products & Services Overview
We manufacture and supply warp knitted fabric (HDPE knitted fabric) commonly known as shade net (and this is the top selling product), majorly used in agriculture as well as in construction, and event decoration. We also manufacture LD liners. The products are sold to companies that install shade nets and greenhouses and the end users of these products are farmers and agro-companies.
Assets Overview
Tangible assets:- Land of 14,000 sq. ft worth INR 1.15 crore.
- 10,000 sq. ft building worth INR 1.20 crore.
- Installed plant and machinery of INR 3 crore.
Facilities Overview
Owned facility of 10,000 sq. ft. built up area in Malegaon, Nashik district. Our facility is located 300 meters from the highway.
Capitalization Overview
- SBI outstanding loan of INR 2.4 crore.- INR 90 lakh CC limit.
- 3 equal partners own the business.
Recent Activity
-
Earlier than 15 daysManaging Partner, Investment Banking, Project Funding, Equity Management, Thane, Corporate Investor / Buyer connected with the Business
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