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 | 2:21 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
340 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 340 thousand
Interested to connect with advisors
Documents
ROC-Verification.pdf
(59.9 KB)
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.
- 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 daysPartner, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysManaging Partner, Pune, M&A Advisor connected with the Business
-
Earlier than 15 daysPartner, New Delhi, Financial Advisor connected with the Business
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