Women's Clothing Company Seeking Loan in Darbhanga, India
Firm seeking start-up capital setup a factory to manufacture and export innerwear for women.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Women's Clothing |
| Locations | Darbhanga |
| Local Time | 6:28 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
INR
2.7 crore
for
20.0%
annual interest,
14
years
(Native Currency: INR 27,000,000)
Reason: To complete the construction, acquire machinery and for working capital to service the orders we hav...
View More
Collateral Available: INR 2.8 crore
Includes physical assets worth
INR
2.8 crore
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Intend to manufacture and export innerwear for women.
- Also intend to gradually sell women's innerwear for the Indian market.
- The business was incorporated in 2018 but operations are yet to begin.
- In the process of setting up a 9,000 sq. ft. factory in a 13,000 sq. ft. plot of land that the business has acquired.
- The plant will have the capacity to manufacture 80,000 pieces/month.
- Promoter has over 14 years of experience in the apparel industry.
- Have already secured USD 60,000 worth of orders from clients in Russia, Nigeria, and Zambia.
- Expect to source the raw materials from local suppliers who have a good professional relationship with the promoter.
- Have yet to register under GST and secure an import/export license.
- Promoter has 3 master's degrees including an MBA.
- Also intend to gradually sell women's innerwear for the Indian market.
- The business was incorporated in 2018 but operations are yet to begin.
- In the process of setting up a 9,000 sq. ft. factory in a 13,000 sq. ft. plot of land that the business has acquired.
- The plant will have the capacity to manufacture 80,000 pieces/month.
- Promoter has over 14 years of experience in the apparel industry.
- Have already secured USD 60,000 worth of orders from clients in Russia, Nigeria, and Zambia.
- Expect to source the raw materials from local suppliers who have a good professional relationship with the promoter.
- Have yet to register under GST and secure an import/export license.
- Promoter has 3 master's degrees including an MBA.
Products & Services Overview
Manufacture, export, and sale of innerwear for women.
Assets Overview
Land and construction.
Facilities Overview
Built-up area of 9,000 sq. ft. on a13,000 sq. ft. of owned land.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Patna, Financial Consultant connected with the Business
-
Earlier than 15 daysOwner, Garment Retail, Ghaziabad, Individual Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
2 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 123,000+ other businesses of all sizes.
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.
You might also be interested in these businesses