We are already in this line for last 5 years. Our working capital of $900,000 has been exhausted in expansion of the plant from 60 M.T. to 150M.T. per day. Basically with the introduction of funds the burden can be reduced at the same time with financial liquidity the raw material can be purchased at much lower rates. Hence we can make more profit.
We are already mfg. crude edible oil i.e. extracting oil from Rice Bran and Soya bean.
We expect that with the introduction of app $ 1 million we can repay back the whole amt. within 5 yrs.
The project is viable. The finished goods market is within 1 km from our plant.
And the raw material can be purchase in abundance from the vicinity of the plant.
The investor by putting in his money can get very good returns.
Our product i.e. crude oil is imported because of the scarcity of Edible oil. In last 5 years we have not even once found problem in selling our product.
The project is totally ready and only funds are required.
We would not have required funds but since we diversified our funds from short term to long-term investment i.e. for expansion of plant our total cash credit limit has been exhausted. Hence funds are required.
Genuine investors on Merar can contact us for more information.
We are already in the market for last 5 years hence entry is not a question for us.
Our quality is very good. Besides that our plant size is such that it is neither small nor big. Hence availability of Raw material is round the year.
Yes our advantage is sustainable. And as you are aware that competition is in every field but we feel that we have edge over our competitors because of our plant location.
We have all the advantages in our plant. The only problem we are facing is shortage of funds. At present the rate of interest is very high and taking more loan is of no use. We would prefer equity participation or interest at low rates. This would make our company totally viable.
All the market players are making money because of low financial burden and purchasing at lower price because of immediate payment.
The funds would be needed to repay the loan and at the same time purchase raw material at lower cost to enhance the profitability of the company.