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Synthetic Fabrics Company Seeking Loan in Bhimtal, India

Trader of shoe fabric, plans to setup a manufacturing facility on 1,240 m² leased land.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 240 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 5 %
Industries Synthetic Fabrics + 1 more
Locations  Delhi + 1 more
Local Time 12:23 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 600 thousand for 20.0% annual interest, 2 years (Native Currency: INR 50,000,000)
Reason: To setup our own factory.
Collateral Available: USD 600 thousand
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Business Overview

Company sells shoe fabric to 15-20 manufacturers based in Delhi NCR. We outsource the manufacturing process to 2-3 batch work manufactures. Director of the company has 9 years of industry experience. Planning to setup own manufacturing unit in Bhimtal, Uttarakhand.

Have taken a land of 1,240 sq mt on 90 years lease term from the Government. Post investment, 80% of the funds will be used for importing high end machines from China and rest funds to setup the infrastructure, acquiring NOC certificate.

Products & Services Overview

Flyknit upper, socks upper and jacquard fabric.

Facilities Overview

1,240 sq mt of leased land from Govt for 90 years.

Capitalization Overview
Not Disclosed
Recent Activity
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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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