Tiles Manufacturing Business Seeking Loan in Khurdha, India
Tiles manufacturing company with 100 clients in Khurdha seeks funding to utilize the optimum production capacity.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 70 - 80 thousand |
| Run Rate Sales | USD 53 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Tiles Manufacturing |
| Locations | Khurdha |
| Local Time | 9:32 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
22 thousand
for
11.0%
annual interest,
10
years
(Native Currency: INR 2,000,000)
Reason: The promoter is seeking funds to buy raw materials and increase production capacity by 50%. He also ...
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Collateral Available: USD 28 thousand
Includes physical assets worth
USD
44 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Our company manufactures bathroom and cement tile. We have 100 clients in Khurdha.
- Currently running at 50% of its capacity, manufacturing about 2,000 pieces of tiles / day.
- Sales have dropped due to Covid and pending payments. We have stopped offering credits as of now and been running the business on a cash basis.
- Having the capacity to manufacture about 4,000 pieces / day.
- Have tied up with 4 suppliers who provide raw materials on a cash basis.
- Running with 10 labourers who are on a contractual basis.
- Our clients are located at a radius of 150 km from the manufacturing unit.
- Promoter intends to increase the capacity of production and set up a new plant for manufacturing slippers. We still need to develop a plan for this project.
- Promoter has 5 years of experience working in a manufacturing business.
- Currently running at 50% of its capacity, manufacturing about 2,000 pieces of tiles / day.
- Sales have dropped due to Covid and pending payments. We have stopped offering credits as of now and been running the business on a cash basis.
- Having the capacity to manufacture about 4,000 pieces / day.
- Have tied up with 4 suppliers who provide raw materials on a cash basis.
- Running with 10 labourers who are on a contractual basis.
- Our clients are located at a radius of 150 km from the manufacturing unit.
- Promoter intends to increase the capacity of production and set up a new plant for manufacturing slippers. We still need to develop a plan for this project.
- Promoter has 5 years of experience working in a manufacturing business.
Products & Services Overview
Checkered tiles, parking tiles, bathroom tiles, and cement tiles.
Facilities Overview
Owned manufacturing unit with a built-up area of 2,000 sq. ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Fire And Safety, New Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysAccounts Manager, Civil Engineering, Kolkata, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysIndependent Advisor, Hyderabad, Financial Consultant connected with the Business
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