1. Businesses
  2. Manufacturing
  3. Uttar Pradesh
  4. Lucknow
  5. SL017028
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Imitation Jewellery Manufacturer Raising Funds In Lucknow

Listing ID: SL017028
Posted By: Owner
Last Active: 1+ year ago
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About Business

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): 1.00 K

Security Deposit (in INR): 50.00 K

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.

More 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

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Business Tags

expansion Imitation Jewellery Manufacturer Raising Funds In Lucknow MANUFACTURING

₹10 to ₹200 Cr

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