Packaging Material Wholesale Company Investment Opportunity in Bangalore, India
Bangalore based distributor of eco-friendly compostable bags partnered with 5 supermarkets.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 23 thousand |
| Run Rate Sales | USD 84 thousand |
| EBITDA Margin | Nil |
| Industries | Packaging Material Wholesale |
| Locations | Bangalore |
| Local Time | 10:02 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
350 thousand
for
15.0%
stake
(Native Currency: INR 30,000,000)
Reason: Require funds for:
- To set up our own manufacturing unit of compostable bags.
- For research and ...
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Includes physical assets worth
USD
5.8 thousand
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ROC-Verification.pdf
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Business Overview
- Distributor of eco-friendly compostable bags selling under its own distinct brand to supermarkets with a 100% conversion rate.
- Have tied up with 3 manufacturing units based in Gujarat and Delhi.
- Payment is made on a credit basis, currently having INR 4.5 lakh in pending payment.
- Having in-hand product orders worth INR 2 lakh.
- Planning to diversify our products for poly mailer bags.
- Business started its operation in Hubli and later relocated to Bengaluru as the customers are based here.
- Business holds GST Certificate.
- Have tied up with 3 manufacturing units based in Gujarat and Delhi.
- Payment is made on a credit basis, currently having INR 4.5 lakh in pending payment.
- Having in-hand product orders worth INR 2 lakh.
- Planning to diversify our products for poly mailer bags.
- Business started its operation in Hubli and later relocated to Bengaluru as the customers are based here.
- Business holds GST Certificate.
Products & Services Overview
We supply compostable bags to 5 supermarkets and 5 other resellers.
Assets Overview
Inventory- INR 2 lakh.Office fixtures- INR 3 lakh.
Facilities Overview
The facility is a rented office space located in South Bengaluru and pays a monthly rent of INR 20,000.
Capitalization Overview
- There are 3 promoters in the company sharing an equal stake of 33.3% each.- There is a hand loan worth INR 3 lakh borrowed from the promoter's friend.
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