Paddy Supply Chain Business Raising Funds In Chennai

Listing ID: SL018426
Posted By: Owner
Last Active: 1 week ago
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Product / Service

Dedicated to fostering a sustainable and profitable agricultural ecosystem by bridging the gap between farmers and rice mills.
It specializes in the supply of paddy to rice mills in the Tiruvannamalai district of Chennai, Tamil Nadu.
It deals in various kinds of paddy crops like White Ponni Rice, Jeeraga Samba Rice, Mappillai Samba Rice, Idly Rice. White ponni rice contributes majorly in the revenue.

Clientele type

Both small and large-scale rice mills that require a steady and reliable supply of paddy. This includes 20 rice mills in the Tiruvannamalai district.

Premises

LEASED

Lease per month (in INR): 13,500

Security Deposit (in INR): 70,000

Carpet Area: 500 sq ft

Asking Price Includes

Terms of the transaction will be discussed with the potential investors.

Asking Price

INR 3.00 Crore

Minimum ticket size

INR 20,000,000 (INR 2.00 Crore)

Reason

To expand its operations and support more farmers, the promoter seeks to raise funds to improvise the working capital cycle. This additional capital will enhance the advance payment system, increase its network of farmers and rice mills

Other Details

The company is committed to supporting local farmers by providing them with advance payments for planting paddy, ensuring a stable supply chain and fair prices.
Founded 15 years ago with the vision of creating a reliable and efficient supply chain for paddy and has now grown to become a trusted partner for 20 rice mills in the region.
Credit Terms: 90 days credit provided to rice mills.
Advance Payment to Farmers: Paddy is received from farmers 3 months after the advance payment.
The proprietor has a robust background in the agricultural sector with a cumulative 12 years of experience. This extensive experience has equipped him with a deep understanding of the market dynamics, challenges, and opportunities within the industry.

Business Tags

agriculture business Chennai Paddy Paddy Supply Chain Business Raising Funds In Chennai Ricecrops ricemills tamil nadu workingcapital

₹10 to ₹200 Cr

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