Yarn Goods Company Seeking Loan in Sonargaon, Bangladesh
Yarn manufacturer serving weavers and knitters using modern weaving machines seeks debt funding for expansion.
| Established | 10-20 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 5.9 million |
| Run Rate Sales | USD 5.9 million |
| EBITDA Margin | 20 - 30 % |
| Industries | Yarn Goods |
| Locations | Sonargaon |
| Local Time | 10:50 PM Asia / Dhaka |
| Listed By | Advisor / Business Broker |
| Status | Active |
Seeking Loan
USD
4.1 million
for
15.0%
annual interest,
10
years
(Native Currency: BDT 500,000,000)
Reason: To survive the existing project and finance expansion of the present unit and to finance expansion o...
View More
Collateral Available: USD 24.5 million
Includes physical assets worth
USD
16.3 million
Interested in connecting with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
BTMA Membership
(766.1 KB)
Trade License (1/2)
(574.7 KB)
Trade License (2/2)
(583.6 KB)
Board of Investment Letter
(361.5 KB)
Imported Machinery List
(393.7 KB)
Asset List
(412.2 KB)
Details of Industrial Promoters
(411.8 KB)
Packing Materials and Spares Description
(319.8 KB)
Investment Board Registration
(349.8 KB)
Business Overview
- Textile spinning mill manufacturing yarn for B2B customers, with around 25,000 spindles and an annual yarn production capacity of about 4,800,000 kg.
- Key clients include Rajlaxmi, Hoq Traders, H. R Garments, Rahman Spinning, Kamal Yarn Trading, Alauddin & Company, Exporters & Suppliers, Farha Trading, Jafrin Garments, SS Multi Trading, and Shaheen Corporation.
- Revenue model is bulk yarn sales to domestic traders, garment manufacturers, and exporters.
- The company is registered with the Board of Investment and is a member of Bangladesh Textile Mills Association (BTMA).
- Key clients include Rajlaxmi, Hoq Traders, H. R Garments, Rahman Spinning, Kamal Yarn Trading, Alauddin & Company, Exporters & Suppliers, Farha Trading, Jafrin Garments, SS Multi Trading, and Shaheen Corporation.
- Revenue model is bulk yarn sales to domestic traders, garment manufacturers, and exporters.
- The company is registered with the Board of Investment and is a member of Bangladesh Textile Mills Association (BTMA).
Products & Services Overview
Manufactures yarn for weavers and knitters using weaving machines, supplying textile and garment manufacturers, traders, and exporters.
Assets Overview
Assets include 698 decimal of land; a two-storied factory building of approximately 110,000 sq ft; an office building; vacant land within the compound; spinning machinery such as carding, drawing, roving, ring frames, auto coner and heat setting machines; electrical substation and power distribution equipment; generators, boilers, compressors and other utility equipment; and other standard factory fixtures and equipment.Intangible assets include client relations, workforce, goodwill and business know-how.
Facilities Overview
Manufacturing facilities on 698 decimal of owned land with a two-storied factory building of about 110,000 sq ft, an office building, and additional vacant land within the premises at Sonargaon, Narayanganj.
Capitalization Overview
- Total project investment is about BDT 200 crore, funded through equity from three shareholders holding 10%, 40%, and 50% respectively, and debt.- Outstanding loans total about BDT 250 crore.
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
5 Investors viewed this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 71,000+ 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