Children Clothing Company Seeking Loan in Ludhiana, India

1. The company specializes in manufacturing all types of school uniforms located in Ludhiana with 10 employees.

2. Products and services include T-shirts, uniform tracksuits, hoodies and sweaters, which are in demand throughout the year.

3. Presently, the company is achieving monthly sales of INR 8-10 lakhs with 50% of production capacity utilization.

4. To date, the company has catered to 60-70 schools in North India and is looking to expand in South India.

5. The company has the potential to increase production capacity and expand market share.

6. Our business has been operating for 11 months and we established late last year. As a result, our previous reported sales were low.

7. Business is registered in Hassan, Karnataka, but our operations are based out of Ludhiana, Punjab.

T-shirt, uniform tracksuit, hoodies and sweater. It will used in schools, and it is a recurring business yearly. We supply to 60-70 schools and manufacture to order.

Machine, generator, stitching, overlocks folding and cutting machines.

Presently we are working in 1,500 sq foot rented building with a monthly rent of INR 23,000. Located in Madhopuri, Ludhiana.

The rental agreement gets over in 11 months and can be renewed.

Presently funded by directors. Invested INR 15 lakh. We have 2 directors with 60 % and 40 % investment ratio.

No loans outstanding.