Plastics Business Seeking Loan in Pondicherry, India

- Pondicherry based manufacturers of plastic granules for automotive compounders.

- We supply to 3 major industrial clients -

- Our order size is 900MT per year.

- Cost starts from INR 65k per MT.

- Our current manufacturing capacity is only 1,200 tones per year. Hence, seeking loan to expand the working capital so that we can meet the order size.

- Raw materials are procured from various bulk buyers and scrap dealers from Chennai, Hyderabad and Kerala.

- Our products are highly reliable, durable and cost-effective.

- The business has GST and Udyam registration, pollution control license, IEC license and factory license.

- Promoter has 10 years of experience in supply chain.

Plastic granules for automotive compounders - small pellets of plastic specifically manufactured for use by automotive compounders.

These plastic granules serve as the raw material for creating various plastic components used in automobiles, such as interior parts, exterior body panels, engine components, and more.

These compounds are then molded or formed into the necessary shapes and parts used in vehicles during manufacturing.

We supply to 3 major industrial clients.

Physical assets include processing machinery, commercial van, and QA lab equipment.

Manufacturing unit at 650Sq. m land, located in Mettupalayam, Pondicherry, which has all the necessary machinery along with a testing facility. Rent of INR 1.5 lakhs/year is paid.

* Business is self-funded from secured and unsecured loans.

* Total debit - INR 1.5Cr & Total credit - INR 2 Cr.

* Has 1 director, holding 100% ownership.