Medical Supplies Company Investment Opportunity in Nellore, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | USD 900 thousand |
EBITDA Margin | 18 % |
Industries | Medical Supplies |
Locations | Nellore |
Local Time | 8:56 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Founder has 10 years of experience in the glove industry.
- Production manager has 22 years of experience from Ansell.
- Company specializes in latex examination gloves and surgical gloves manufacturing under its own brand name.
- We have more than 20 clients for our products locally and for export orders.
- Clients are wholesalers, distributors and exporters.
- Operations were started just a few months back so we need to improve automation which will further bring down the cost and increase the production capacity.
- Manufacturing 1 crore gloves per month. Will be doubling this capacity with automation.
- We can produce different glove products with the existing machines.
- Have a good strategy to make all types of gloves.
- Business is registered in Hyderabad but the operations are in Nellore as the factory is located there.
Latex examination gloves, latex surgical gloves, long length pharma gloves.
6 Acers land, 110-meter length Production line with all the machinery and equipment to produce 2 crore gloves per month and other assets.
Planning to purchase three new high-volume machines.
Owned six-acre land in APIIC, Nellore with a factory and additional 27,000 sq ft shed for future scalability with three high-volume machines.
This company is funded with INR 10 crore through promoters.
Have secured loan of INR 6.5 crore from bank and an unsecured loan of INR 5 crore from friends and families.
Two directors from the same family with 55% and 45% stake.
Third director is about to be added soon.
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Earlier than 15 daysDirector, Wires Manufacturers, Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysProprietor, Glass And Plastic Manufacturer & Exporter, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Healthcare, Gurgaon, Individual Investor / Buyer connected with the Business