Imitation Jewellery Manufacturer Raising Funds In Lucknow
Product / Service
The business is involved in manufacturing of Fashion/ Imitation jewellery like necklaces, earrings, bracelets, rings, and other accessories crafted from various materials such as metals, beads, stones, and faux gems. They manufacture and sell to wholesalers based in Mumbai, Delhi and Kolkata.
Clientele type
Retail stores, boutiques, online platforms, wholesalers, distributors, and individual consumers seeking a variety of jewellery pieces for personal use or resale.
Premises
LEASED
Lease per month (in INR): 1,000
Security Deposit (in INR): 50,000
Carpet Area: 15,000 sq ft
The manufacturing plant is in West Bengal since last 12 years.
Asking Price Includes
20% equity in the business.
Reason
The raised funds would be utilized to buy a new manufacturing plant, meet working capital requirements and hire few more labourers.
Other Details
The team of 30employees include 2 marketing managers, 2 in sales and others are in manufacturing (labourers).
The promoter is operating from a small manufacturing plant based in West Bengal since last 12 years. However, being a resident of Lucknow, he wants to open a bigger manufacturing plant over there with target cities like Lucknow, Delhi and Kolkata.
The current production capacity is 150 kg per month.
Keywords
Business Tags
₹10 to ₹200 Cr
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