Providing Working Capital for the Production and Sale of Density 17 Sponge

Bespar Foam Rastak is a subsidiary of the Sabalan Manufacturing Group, which produces various types of foam and sponge in different densities. This manufacturing group is based in Eyvanaki Industrial Estate, Semnan, and has a total production area of 20 thousand square meters. Alongside brands such as Bespar Foam Azin, Fidar, and Atiyeh, it produces and supplies foam products for various applications.Bespar Foam Rastak intends to raise 500،000 million rials through the "Halal Fund" crowdfunding platform to provide working capital for the production and sale of density 17 sponge. According to the applicant's statements, the raw materials used to produce density 17 sponge are mostly imported. The main materials are as follows: polyol, TDI, colorant, calcium carbonate, DABCO, silicone, Cosmos, methylene, and nylon, hereinafter referred to as "raw materials." According to the applicant's statements (as detailed in the attached letter), the average operating turnover is 2 times per year, estimated to be equivalent to 2 times over the project's 12-month period. It should be noted that the operating cycle in the audited financial statements for the year 1403 is 284 days. It is important to note that the operating turnover declared by the applicant is 2 times per year, and the company will be required to maintain at least the declared turnover.
Project symbol: حلالستاک/halalstk