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Profitable Hosiery Business Seeking Loan in Mumbai, India

Manufacturer of ladies lingerie and hosiery products with a daily production capacity of 1,000 products.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 32 thousand
Run Rate Sales USD 43 thousand
EBITDA Margin 30 %
Industries Hosiery + 1 more
Locations  Mumbai
Local Time 1:37 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 14 thousand for 10.0% annual interest, 5 years (Native Currency: INR 1,200,000)
Reason: The fund will be used for setting up a new unit, advertising our brand, and to purchase material.
Collateral Available: USD 1.2 thousand
Includes physical assets worth USD 100 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview

- Ladies lingerie and hosiery manufacturing unit involved in the production of lingerie, panties, plazo, bra, shorts, slip, sporty, mask.

- We are in this business for the past 20 years.

- Have a total production capacity of 1,000 products per day. The capacity is fully utilized now.

- Manufacturing for 5-7 other local brands and also for the brand Red Rose.

- We also manufacture products under our own brand and supply them to 10-12 retailers.

- We generate 75% of our revenue manufacturing for other brands and 25% of revenue is from our own brand sales.

- We are good at sales and marketing and there is good growth in the business.

Products & Services Overview

Lingerie, panties, plazo, bra, shorts, slip, sporty and mask.

Assets Overview

- Tangible assets are -12 swinging machines, cutting machines, and 2 manufacturing units.

- Intangible assets are - Brand, social media.

Facilities Overview

We own two units of 250 Sq Ft each.

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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