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Diamond Mining Business Seeking Loan in Maharashtra, India

Business looking to cut and polish rough diamonds and sell them for use as jewelry.
This transaction has concluded.

Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1.74 thousand
Run Rate Sales USD 2.1 thousand
EBITDA Margin 10 %
Industries Diamond Mining + 1 more
Locations  Maharashtra
Local Time 9:03 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.16 thousand for 24.0% annual interest, 1 year (Native Currency: INR 100,000)
Reason: As seed capital.
Collateral Available: USD 0
Interested to connect with advisors
Documents
Pan card
Aadhar card
Address proof
Business Overview
- Intend to buy rough diamonds from across the world, cut and polish it ourselves and sell them for use as jewelry.
- Have outsourced the cutting and polishing process in the past.
- Already built a large supplier pool to source raw materials.
- Promoter has 5 years of industry experience.
Products & Services Overview
Diamond cutting and polishing for use as jewelry.
Facilities Overview
Operate out of home.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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