1. Businesses
  2. Retail/Wholesale
  3. Maharashtra
  4. Mumbai
  5. SL022476
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Incense Sticks Business Raising Initial Funds In Mumbai

Listing ID: SL022476
Posted By: Owner
Last Active: 2+ months ago
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About Business

Business Overview: This brand offers a unique range of incense sticks known for their distinctive and premium fragrances (already got the order from D-Mart). The portfolio also includes dhoop, camphor (kapoor), and other pooja essentials. The core vision is to deliver affordable products with a luxurious feel and elegant packaging.

Product Details:

- Currently features 1 primary product with 2 variations
- 3 more products are under development
- Additional variations will be added, especially in the agarbatti (incense stick) category

Manufacturing:
Production is outsourced to a third-party unit located in Gujarat.

Financial Snapshot:

It's a new company and was established in 2024 only. Estimated EBITDA: 15%

Clientele type

The company has a big order from D-Mart for 400 stores. The main goal is to supply large retail chains across India. As of now, having local retail customers and D-mart.

Premises

OWNED

Premise Size: 4

Market Value (in INR): 50.00 K

Asking Price Includes

Equity profit sharing will be part of the transaction; the details will be discussed with the potential investors.

Asking Price

INR 50.00 L

Minimum ticket size

INR 60.00 L

Reason

The founder is raising the initial funds to expand the business, mainly to cater to the order book and to have more promotional activities.

More Details

The company has recently started and has big plans to move ahead and will be more focused on supplying to big brands and big retail stores.

Keywords

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Business Tags

Spirituality related products

₹10 to ₹200 Cr

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