Latex Gloves Manufacturer Raising Funds In Kochi

Listing ID: SL018493
Posted By: Owner
Last Active: 1 week ago
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Product / Service

They provide various types of latex gloves including:
-Sterile Latex Surgical Gloves Powdered
-Sterile Latex Surgical Gloves Powder Free
-Sterile Nitrile Surgical Gloves Powder Free
-Latex Examination Gloves Powdered
-Latex Examination Gloves Powder Free

Clientele type

Hospitals and Pharmaceutical companies.

Premises

LEASED

Lease per month (in INR): 300,000

Security Deposit (in INR): 500,000

Carpet Area: 35,000 sq ft

The manufacturing facility is about 3,700 sq. mt and packaging facility is about 1,150 sq. mt. Both together have built up areas of about 35,000 sq. ft.

Asking Price Includes

They are prepared to offer up to 40% equity in exchange for raising funds.

Asking Price

INR 15.00 Crore

Minimum ticket size

INR 100,000,000 (INR 10.00 Crore)

Reason

The promoter wants to source cheaper raw materials from Africa and increase their marketing professional headcount to enhance their business.

Other Details

They started this business in 2006, and the promoter is from the second generation in the industry. The company is accredited with essential certifications like CE-MDR, US FDA, CE PPE, ISO 13485, ISO 9001:2016, and sedex certified for ethical manufacturing. They are one of only three companies in India currently compliant with CE MDR, the latest regulation for CE.

In India, they boast the 4th largest production capacity, catering to 8 countries in Europe, 3 in Latin America, 8 in Africa, and 7 in Asia. Additionally, they serve as contract manufacturers for a prominent company, achieving monthly sales of 15 lakh pairs.

Their production capacity allows them to manufacture approximately 1 crore pairs of gloves per month.

Keywords

Business Tags

Latex Gloves Manufacturer Raising Funds In Kochi

₹10 to ₹200 Cr

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