Businesses Seeking Loan in Jharkhand

Located in Bokaro, this small business specializes in school uniforms and footwear. - The company currently handles four active orders, showcasing its capacity for fulfilling customer demand. - All stitching and garment production are outsourced to third-party vendors, allowing the company to focus on quality control and customer service. - The business holds a GST certificate, ensuring compliance with tax regulations and enhancing credibility with customers and suppliers. - Customers primarily consist of schools, parents, and educational institutions looking for quality school dresses and shoes. - Revenue is generated through wholesale orders, with potential for growth by expanding product offerings or targeting additional educational institutions.

1. Reputed real estate developer running 20 projects across the states of Jharkhand (Dhanbad, Bokaro, Giridih, Ranchi) and West Bengal (Asansol, Durgapur, Andal) 2. We have signed an MoU worth INR 100 crore with Govt of Jharkhand during Momentum Jharkhand for developing affordable housing. 3. The promoters have 25+ years of experience in the domain and the CMD has also been awarded with Icon of Jharkhand and numerous awards from different organizations. 4. One of our recent projects is one of the largest private residential societies in Dhanbad having its own post office. 5. The company has a strong customer base of 5,000+. 6. The company provide 360-degree real estate solutions starting from land acquisition to project plan, marketing, sales and operations having its own in-house team across departments. 7. The projects we run are majorly large housing societies spreading from 0.5 acres to 100+ acres. 8. The last reported sales turnover was INR 150 crore. 9. The business has a vaild GST certificate available.

We have started this organization, in order to provide the best microfinance services to cater for the financial needs (under the JLG/individual model) of the underprivileged & unbanked section of our society. - Currently, we are working as an NPA recovery partner of four reputed NBFCs (Hinduja, Muthoot, Reliance Capital & Chola) for Jharkhand, Bihar & West Bengal states and BC (Business Correspondent) partner for MSME & JLG business with three reputed NBFCs (Arthmate Financing India, Avanti Finance & Clix Capital). - Established in the middle of last year, but started our operation as an NPA recovery partner from December onward & as a BC partner 6 months ago. - Presently we are having a tie-up with Arthmate Financing India Private Limited for Jharkhand & Odisha states for MSME loans. Right now, we have two branches with Arthmate. These are at Ranchi & Pakur. - We need to open 15 more branches at the mentioned two states to provide services of Arthmate. Currently, we are having AUM (Asset Under Management) of INR 0.17 Cr with Arthmate. We have recently started working as BC partners for JLG loans of Avanti Finance (a TATA group company). Initially, Avanti has allowed us for three districts of Jharkhand. These are East Signbhum, West Singhbhum & Seraikela Kharsawan. They have allocated three more districts (Gumla, Khunti & Pakur) of Jharkhand. We are going to open 5 more branches with Avanti within this month. Based on their initial allocation, we have opened 6 branches in the mentioned geography, these are Seraikela, Chandil, Hata, Chaibasa, Chakradharpur & Jagannathpur. As of now, we have having AUM of INR 6.86 Cr with Avanti Finance. - Revenue model: We get paid on a profit-sharing basis from the interest collected. The NBFCs charge a 27% interest of which we get half of the interest received. - Most of our branches were recently opened and we now have 10 different branches with a total of 64 employees. Most of the staff are customer service officers and are overseen by the branch managers. - Being a Core team member & key managerial person (KMP) of this organization, the promoter has over a decade of sound experience from different NBFC-MFIs, across the country. - Our other core team members also have 12 to 15 years of average experience in the Financial Sector. We are going to be associated with a few more organizations (like Arohan, Annapurna, Samunnati etc) soon. - We are following 100% cashless collection & triple level verification before disbursement. Considering the situation, to enhance our business and open new branches across the country, we need at least a working capital of Rs- 1.5 Cr- 2 Cr.

The business operates five veterinary clinics across multiple locations like Ranchi, Patna, and Jaipur offering a range of services including doctor consultations, vaccination subscriptions, pharmacy services, and registration for pet and veterinary shops catering to all domestic animals, both online and offline. - We have recently registered our company and want to grow our business. - The platform collaborates with multiple doctors, vaccinators, and pet shops to offer a comprehensive suite of services for pet owners. - The business has witnessed a positive response from both pet owners and doctors, with 1k+ app downloads, and a minimum of 7-8 daily clients in physical clinics. - The business model includes revenue streams from consultancy fees and subscription fees, with consulting doctors receiving half of the fees charged from online consultation. - The integration of technology is evident through the availability of online consultations via the website and app on both Android and iOS platforms. - We are ISO certified and have conducted more than 9 workshops, showcasing a commitment to ongoing professional development and knowledge sharing within the industry. - An innovative approach is seen through the provision of online consultancy appointments, subscriptions for pet vaccinations, and access to discounted pet supplies including pet medicines, food, and supplements through the app. - The business prides itself on its team of well-experienced and senior veterinary doctors, contributing to the quality of service and expertise offered to its clients.

The business is a Mahindra authorized spare parts retailer located in Khunti, Jharkhand. - The company offers a wide range of products, including car spare parts, accessories, bumpers, air filters, and car AC hoses. - Business operates through a retail store and caters to an average of 10 clients per day, which includes both garage owners and individual car owners. - Average bill value per transaction ranges between INR 4,000-6,000, indicating a consistent and significant revenue stream. - Company procures its products through distributors located locally, as well as in Delhi and Mumbai. - The business is registered under the Goods and Services Tax (GST).

Chain of gyms with 4 branches in Bihar and Jharkhand. - The gym has a unique low Capex and low Opex model that allows it to operate profitably while never giving up on its clients. - We have 1 big branch that brings in about INR 1.5 lakh of monthly revenue and 3 small branches with a monthly revenue of INR 80 thousand. - All small branches have about 60-70 clients each and the monthly fees range from INR 300-500. - The big branch has 300 clients and they pay INT 700 per month. - All the branches are operated by us and we own the brand name as well. - Monthly expenditure on the salaries across all branches is INR 70 thousand. Low salary cost due as we are located in cities with extremely low labour costs and cost of living. - No licenses are required apart from basic business registration and GST.

Pathology lab that offers over 4,000 different investigations. - We have 20+ main B2B clients (AIIMS Devipur, Adani Power Jharkhand Limited, Star Health, ECHS, CGHS, and Star Health) - Revenue and customer growth rate is 60% as we acquired new clients and we started offering more services. - Accreditation: NABL, ICMR, EQUAS, EQUAP. - Employees of our clients come to us for testing and we conduct medical camps and tests in their locations. - In order to expand the business further, we need financial support.