6.2 / 10
 Delhi + 1 more

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

Key Business Facts
Yearly Sales USD 300 thousand
EBIDTA Margin 5 %
Industries Synthetic Fabrics
Locations  Delhi + 1 more
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.
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
Interested to connect with advisors
In talks with 3 Investors
Contact Business