Paddy Supply Chain Business Raising Funds In Chennai
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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.
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₹10 to ₹200 Cr
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