Newly Established Organic Farming Business Seeking Loan in Ahmednagar, India
Established | 0-1 year(s) |
Employees | 5 - 10 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Organic Farming |
Locations | Ahmednagar |
Local Time | 12:17 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
For organic, there is huge demand and also better potential to enhance product portfolio.
Promoter founded 2 companies 25 years back and owned by 2 shareholders is now closed due to unfortunate reasons and it became NPA now with INR 6.00 crs of ledger balance payable.
In this new company, we will grow vegetables and greens to sell to customers and wholesalers.
We are also planning for contract farming where individuals will rent part of land and grow their own crops.
Business has some of the licenses and is in the process of getting all the certificates.
As we grow we can expand the business according to opportunities.
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Earlier than 15 daysPartner, Pune, Financial Consultant connected with the Business