Yarn Goods Company Seeking Loan in Coimbatore, India

Yarn manufacturing company based in Coimbatore seeks investment to setup an in-house solar power plants.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 4.6 million
EBITDA Margin
10 %
Industries
Locations
Local Time
1:31 PM Peelamedu
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 1.5 million for 10.0% annual interest, 7.0 years (Native Currency: INR 110,000,000)
Reason: Need funds to fulfill solar or wind power requirement. 12% of our production cost is power.
Collateral Available: USD 1.8 million
Includes physical assets worth USD 5.6 million
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Manufacturer and supplier of woven yarns and sewing threads that started operations since 1984.

- To maintain consistency in quality and standard, the unit ensures that only the best quality raw material is purchased. Company buys raw materials from Reliance Industries and Bombay Dyeing.

- We have our own unit with 28,000 Spindles located on the main road of Coimbatore connecting Trichy.

- We produce around 120 tonnes of yarns and threads per month.

- Have more than 10 clients and they are based in Japan, Nepal and Delhi, Mumbai and other parts of India.

- Our assets include land, building, machinery, raw materials, client database, website and stock.

- Promoters have more than 35 years of experience in this business.

Products & Services Overview

Our products include Sewing thread, Yarn for Weaving, Knitting.

Facilities Overview
Recent Activity
  • 1 week, 1 day ago
    Executive Director, New Delhi, Financial Consultant connected with this business
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