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Jewellery Business Seeking Loan in Mumbai, India

B2B jewellery company that has 80-100 clients seeks business loans to buy raw material.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 120 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 4 %
Industries Jewellery
Locations  Mumbai
Local Time 1:16 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 800 thousand for 10.0% annual interest, 10 years (Native Currency: INR 70,000,000)
Reason: The funds will be used to buy gold.
Collateral Available: USD 0
Includes physical assets worth USD 160 thousand
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Business Overview

- Jewellery company that has a presence in the domestic market and has clients from the US, Dubai, Canada, London, Singapore.

- Have 80 - 100 clients that include Kalyan Jewellers, Malabar, Joyalukkas.

- We only do B2B business.

- The company makes chain sets, neckless sets, rings, pendants, earrings, and other products and supplies to clients.

- The company is debt-free and has a sole owner. Promoters father is the owner.

- Right now looking for a loan for the business but open for discussion for investment against stakes.

Products & Services Overview

Chain sets, neckless sets, rings, pendants, earrings, and other products made of gold.

Assets Overview

- More than 5 lakh dies worth INR 1 crore, 8 computers, tables, and chairs.

Facilities Overview

The company has an facility rented for INR 35000 per month.

Capitalization Overview
Not Disclosed
Recent Activity
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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.
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