5.6 / 10
 Pondicherry

Game and fishing boat manufacturer in Pondicherry, seeking funding for manufacturing capacity expansion and project completion.

Key Business Facts
Yearly Sales Nil
EBIDTA Margin Nil
Industries Yachts and Boats
Locations  Pondicherry
Business Overview
- Startup specializes in the manufacturing of game and fishing boats, catering to the tourism industry.
- Having a current order from a tour company in Andaman for 10 boats at a cost of INR 24 lakhs per boat.
- Scheduled completion of the current order by the end of next month.
- Identified high potential in the Andaman and export markets.
- Planning for further expansion of the manufacturing unit.
- Manufacturing capacity currently stands at 2 boats per month and has plans to double the production capacity.
- Business has IRF certification for the boats.
Products & Services Overview
Game and fishing boats.
Supplying to tour companies in Andaman.
Has a high potential for export as well.
Capitalization Overview
Business is self-funded. Having outstanding bank loans. Family owned business with 3 partners.
Assets Overview
Physical assets include manufacturing equipment, inventory and office equipment.
Seeking Loan
USD 235 thousand for 10.0% annual interest, 10 years (Native Currency: INR 20,000,000)
Reason: Seeking funding for expansion of the manufacturing unit, capacity and completion of the projects in ... View More
Collateral Available: USD 0
Includes physical assets worth USD 59 thousand
In talks with 2 Investors
Contact Business or Enquire on WhatsApp