Plastics Company Seeking Loan in Jejuri, India

- After checking the plastic samples for quality in our lab we get plastic from the local market and sometimes from Kolkata, and Hyderabad.

- We recycle the plastic and make granules from it, which are used to make automotive products like car bumpers by car parts manufacturers.

- Our production capacity is 100 tons per month.

- We have 10 clients in Pune and Gujarat who are automotive parts manufacturers.

- We have Udyam and GST certificates for operation.

- Due to low market demand and funds shortage there is a temporary drop in sales.

- Business registered in Cuttack but operating in Jejuri, Maharashtra.

We recycle plastic and make granules from it which are used in making automotive products.

The physical assets include all the machinery of the factory.

- The factory is 7,000 square feet which is rented.

- The monthly rent of the factory facility is INR 22k.

- The facility is in the MIDC area of Pune.

- There is an INR 15 lakh HDFC loan and 30 lakh OD from a small finance bank.

- There are 2 shareholders in the business, with 50-50 shares.