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Textile Company Seeking Loan in Kolhapur, India

Business planning to start manufacturing gray cloth, led by experienced promoters.

Established 5-10 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Textile
Locations  Kolhapur
Local Time 8:56 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 360 thousand for 13.0% annual interest, 5 years (Native Currency: INR 30,000,000)
Reason: To invest in assets and start operations.
Collateral Available: USD 360 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- To manufacture gray cloth for the textile industry.
- In advanced stages of negotiations with clients.
- Projected revenue of INR 21 lakh with profit margins in the range of 10-30%
- Promoters have previous experience in the industry with one of them having over 10 years of industry experience.
- Intend to move into a 10,000 Sq Ft facility in Kolhapur.
- Have 14 acres of govt. non-agricultural land in Nagpur (Market Value = 4.5 - 5 Cr. ) which we can offer as collateral initially and in time transfer it to the physical assets of the business.
Products & Services Overview
- Gray cloth manufacturing.
Facilities Overview
Intend to move into a leased space of 10,000 Sq Ft in Kolhapur.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Partner, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Managing Partner, Pune, M&A Advisor connected with the Business
  • Earlier than 15 days
    Partner, New Delhi, Financial Advisor connected with 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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