5.9 / 10
 Bailhongal

Producers of cotton bales seek funds to start an agro-commodity processing unit in Bailhongal.

Key Business Facts
Yearly Sales USD 335 thousand
EBIDTA Margin 4 %
Industries Textiles Wholesale
Locations  Bailhongal
Business Overview
- Processors and wholesalers of cotton bales.
- The company processes about 100 tons of cotton lint every month.
- Asset-light model, we are renting the entire production facility (including the processing equipment)
- We hire 10 workers for the processing.
- We started earning revenue in December of last year and did revenue of INR 1.1 crore in just three months.
- Revenue is seasonal and we are projected to close this year at around INR 3 crore.
- The founders of the company belong to a family of agro-commodity traders, they process cotton as now with this company. But, we are looking to enter food processing (chana). The cotton business is seasonal and the chana business will offer some stability.
Products & Services Overview
We process raw cotton and sell value-added and by-products like cotton bales, lint, cottonseed, and cotton seed oil/cake.
We want to start the processing and wholesale of puffed Bengal gram (Futana), and chana husk (cattle feed).
Capitalization Overview
- No loans or liabilities in the name of the business. - The private limited company has two equal shareholders.
Assets Overview
We do not own any assets as all the production equipment and unit are leased. The facility is shared with other producers as well. Office furniture was bought under a sister concern.
Seeking Loan
USD 335 thousand for 16.0% annual interest, 5 years (Native Currency: INR 30,000,000)
Reason: Need working capital to expand the cotton production and start the processing of chana dal. We have ... View More
Collateral Available: USD 0
Interested to connect with advisors
In talks with 3 Investors
Contact Business or Enquire on WhatsApp