Vegetable Processing Company Seeking Loan in Mumbai, India

Company manufactures pickles under its own brand, seeks working capital to fulfill contracts.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 320 thousand
EBITDA Margin 0 - 10 %
Industries Food Ingredients + 1 more
Locations  Mumbai
Local Time 10:05 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 270 thousand for 20.0% annual interest, 3 years (Native Currency: INR 20,000,000)
Reason: Need funds to overcome financial stress and restructure the company. We need working capital to fulf... View More
Collateral Available: USD 1.1 million
Includes physical assets worth USD 1.6 million
Interested to connect with advisors
Documents
Business Overview

- We manufacture pickles under our own brand. We are also into the manufacture of health drinks and jams.

- Have our own manufacturing facility with a maximum production capacity of 4 tons per hour. We have a capacity utilization of 25-30%.

- We also provide contract manufacturing services for other brands, and it generates 10% of our total revenue.

- Have 32 distributors and super stockists in Mumbai, Ahmedabad, and Chandigarh who supply our products pan India.

- Have orders worth approx INR 5 crore in hand, but we are unable to fulfill them due to a lack of working capital.

- Business owned assets include land, building, plant & machinery.

Products & Services Overview

Pickles, jams, and health drinks.

Facilities Overview

Own plot of 4,635 sq mt and with a constructed area of 2,800 sq mt.

Recent Activity
  • 2 weeks ago
    Director, Ahmedabad, Financial Consultant connected with this business
  • Earlier than 15 days
    Co Founder, Pune, Financial Consultant connected with this business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with this 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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