Jewellery Businesses Seeking Loan

Client base: - Over 100 loyal customers, with a repeat purchase rate of over 70%. - 48+ active buyers through 4 running customer kitty groups. Revenue model: - Direct retail sales through a boutique store in Gurgaon. - Made-to-order bespoke jewelry (high-margin custom products). - Supplemented by festive gold coin sales, and repair & polishing services. Financial growth: - Sales have tripled over the past eight quarters: from INR 8.26 lakhs to INR 25.9 lakhs per quarter. - Profit margins improved from 4% to over 9% during the same period. - Stock investment grew 8x, from INR 27 lakhs to INR 212 lakhs. Promoter's experience: - Certified gemologist with a 50-year family legacy in jewelry. - Seasoned entrepreneur with strong operational and business acumen. - The business is efficiently operated by two directors, ensuring streamlined management and decision-making. Vendor & industry relationships: - Strong network of trusted jewelry manufacturers for cost-effective, quality production. - End-to-end vendor relationships for sourcing, design, hallmarking, and timely delivery. Brand positioning: - Positioned between traditional jewelers and large organized brands. - Focused on lightweight, contemporary, and certified jewelry.

The business operates in the jewelry industry, with a focus on casting gold jewelry such as rings, dollars, pendants, and bracelets. - It has focused primarily on casting rings currently. - With 1 kg of gold, the business can manufacture 100 g of product. - Currently engaged in wholesale supply to 5 distributors within Coimbatore. - While the current focus is on Coimbatore, there is an expressed interest in expanding to other locations within Tamil Nadu. - The owner of the business brings 15 years of experience in marketing within the jewelry industry to the table, indicating a strong understanding. - The business has been operational for a relatively short period of 3 months, hence there is no reported revenue mentioned.

The business operates in the jewelry industry, with a focus on casting gold jewelry such as rings, dollars, pendants, and bracelets. - It has focused primarily on casting rings currently. - With 1 kg of gold, the business can manufacture 100 g of product. - Currently engaged in wholesale supply to 5 distributors within Coimbatore. - While the current focus is on Coimbatore, there is an expressed interest in expanding to other locations within Tamil Nadu. - The owner of the business brings 15 years of experience in marketing within the jewelry industry to the table, indicating a strong understanding. - The business has been operational for a relatively short period of 3 months, hence there is no reported revenue mentioned.

The business is a jewelry manufacturer that procures gold and diamonds from the local market and uses a combination of machine and handcraft techniques for production. - Business does not have any permanent employees, apart from the directors, and employs 3 contractual workers on hourly basis. - The business receives orders from both local and foreign markets, with orders coming in through wholesalers and salespersons' contacts. - Despite having a maximum machinery capacity of 10 kg, the business currently produces 4-5 kg of gold on a monthly basis, indicating potential for scaling up production. - The emphasis on custom-built products suggests a focus on personalized and unique jewelry pieces, which may appeal to a niche market segment. - Planning to expand the business, concentrating on celebrities custom- built, and hip-hop jewelry. - We have Export license and Udyam Registration Certificate.

The firm is in this industry since 2002 and has good business relationship in the market with suppliers and buyers. - Procure gold jewellery from 10-15 vendors from Varanasi, Delhi, Mumbai, Rajkot, Coimbatore and sell it to 35-40 B2B customers such as wholesalers and retail shops based in Uttar Pradesh, Bihar, Jharkhand. - Current clients are from Northern India and we plan to expand our customer base with effective marketing strategies in different locations offering different category of products. - Business aims to generate high growth rate by reaching out to new sets of customers in unexploited markets. - The firm has owned property and safe vault for storing precious jewellery.