Spices Manufacturing Unit Raising Funds In Lucknow
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Product / Service
They are into manufacturing of spice powder like dhania powder, haldi powder, lal mirch powder, khatai powder, carrot powder, and turmeric powder.
Clientele type
They cater to supermarket chains like reliance, flipkart's offline stores, they are also a supplier on UDAN platform. They have a network of wholesalers and dealers as well.
Premises
The premise are on a 99 year lease and can be expanded as they have enough capacity to add more machines.
Asking Price Includes
The terms of transaction will be discussed with potential investors.
Reason
The funds will be utilized to smoothen the daily operations and increase order book with ease.
Other Details
The business was established in 2005, earlier the founder was earlier in a managerial position in a German based chemical manufacturing company and then joined their family business they are the second generation handling the business. They are presently producing about 3 tons per day with single shift and have the capacity to expand more than 6 tons per day production capacity. They also have a great network to multifold their order book, but due to lack of operating capital they are not able to scale the business now. They had a office based in Dubai for their international expansion but however, due to covid they incurred losses and had to put the project on hold.
Business Tags
₹10 to ₹200 Cr
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