Cashew Nut Processing Business Raising Funds In Udupi
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Product / Service
The business revolves around the intricate and rewarding world of cashew nut processing.
Clientele type
They cater to both B2B and B2C clients. They sell to wholesalers in the country, ice cream makers, sweet makers, e-commerce suppliers, etc. It is used for direct consumption as well as indirect consumption.
Premises
OWNED
Premise Size: 13000 Sq Ft
Market Value (in INR): 80,000,000
5 acres land with building and all automated machines for 6 tonnes cashew nut processing per day.
Asking Price Includes
The terms of transaction will be discussed with potential investors.
Reason
They are seeking funds to increase the production thereby reducing production cost and increasing profitability.
Other Details
- We have a lot of clients from all across India.
- We import raw cashew nuts from Africa.
- In the first year we achieved a turnover of INR 3 crores. 2nd year INR 7.9 crores and we are on course for INR 12 crores turnover this year.
- We are growing well while being profitable.
- Also have a lot of opportunities to get government subsidies and other benefits. We have currently been sanctioned with INR 56 lakhs in government subsidy.
- Factory building and machinery are up to date with the current technologies.
- Even the labor is easily available in our area.
- Labour quarters have also been constructed.
- Around 13,000 sq ft area with all amenities. Own building constructed along with worker quarters. A total of 2.12 acres of industrially converted land with buildings as well as 2.90 acres of additional industrial land 20 kilometers away has already been bought by the company keeping in mind future expansion. It is owned by the company.
- We look to scale the company from here and we are on course to get an SME listing on NSE by next year's end.
Any investor joining us here at this juncture will reap benefits on the last mile investing before we go public where the investor can partially or fully exit his/her shares in the company at very attractive returns.
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₹10 to ₹200 Cr
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