Duration

4 months
Min. Investment

৳ 10,000
Projected ROI

16-17.7% Annualized
Risk Grade

B

Overview

Raging Bull Pvt. Ltd is a clothing brand for young generations with a strong presence in B2B as well as B2C market. With a good level of product demand, the business is looking to raise funds to cater a work-order of a renowned pharmaceutical company.

This is a “Profit-and-Loss sharing” (Musharakah) contract where investors can enjoy an ROI of 5.3- 5.9%* over 4 months (annualized 16-17.7%).

*subject to investment risk (details below)

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Dhaka, Bangladesh

Raging Bull

৳ 440,000 Raised
৳ 0 Being Processed
0 Days Left
Raised:
110.00%
Goal: ৳ 400,000
The campaign is successful.
By Banna
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The Business

Accordion Content

Raging Bull provides lifestyle solutions to professionals and corporates. They make mid to high range clothings and lifestyle products at their contract manufacturing facility. Raging Bull’s product ranges from tshirt, polo, denim jeans, hoods, jackets, bags, etc. They also serve renowned corporates like Prothom Alo, Incepta Pharmaceuticals, BRAC etc. The company is pursuing the establishment of a stable B2B sales channel. Concurrently, they are focusing on strengthening its brand presence Raging Bull Jeans in the B2C market.

Currently, the company holds a substantial work order (Polo Shirt) from a top pharmaceutical company of Bangladesh. The business will be outsourcing specific parts of manufacturing processes to meet contractual obligations. The business needs to raise funds to finance the manufacturing costs timely. 

Explore: https://www.facebook.com/RagingBullJeans 

Address : House 806 (1st Floor), Road 3, Baitul Aman Housing Society, Adabor, Dhaka, Bangladesh.

Mr. Abu Darda is the founder and CEO of Raging Bull

Written by Raging Bull

My name is Abu Darda, graduated from IBA, Jahangirnagar University. I have 12 years experience in project manager and very passionate in solving social problem through entrepreneurship. As an entrepreneur I have started Parmeeda and Raging Bull Jeans, 2 startups that served more than 100,000 clients over 7 years. My dream project is to create a global brand made in Bangladesh and create more opportunities from my Origin.

  • Established B2B client 
  • Brand Recognition in the B2C Market
  • Broad Product Line
  • Established supply chain

The Contract

Accordion Content

The investment is for a period of 4 months, from October 2023 to End of January 2024

Projected ROI (for 4 months): 5.3-5.9%
Projected ROI (annualized): 16-17.7%

Example: if someone invests BDT 100k in the project, he/she can expect to receive a total of BDT 105.3k – 105.9k by the first week of February 2024.

Beginning of Investment:

  • Investors will go into a Musharakah agreement (partnership) with Raging Bull Pvt. Ltd.
  • It will be a profit-sharing contract, where Raging Bull Pvt. Ltd. will be using the investment amount a work-order they have from a renowned pharmaceutical company for their business
  • biniyog.io will act as an agent for investors to deposit their funds to the business account of Raging Bull Pvt. Ltd. as well as collect repayments on their behalf
  • biniyog.io has proposed a 75: 25 split of the net profit generated during the specific work order and Raging Bull Pvt. Ltd. has agreed to it and investors will get 16-17.7% annualized ROI

End of Investment: 

  • Investors will be eligible to get the profits (if any) from the business at the end of the investment period 
  • biniyog.io will verify the income and expenses before calculating the final profit
  • The principal investment amount along with profit or loss will only be returned to the investor at the end of the investment period
  • If the business incurs net loss over the investment period, investors will have to share some loss as per the % of loss incurred (details in “Risks” section below)

Shariah Compliance

Accordion Content

Investors invest into the business under a partnership (Musharakah) agreement that makes them eligible for receiving profits generated by the business. biniyog.io will act as an agent to deal on their behalf (Wakalah).

biniyog.io‘s Shariah advisors have approved the basis and application of this Musharakah contract.

Potential Risks

Accordion Content

Product rejection due to quality control: Rejection of products for not meeting the expected quality is a common scenario for apparel business that can cause significant  loss for any business operating in this industry. 

  • Raging Bulls Pvt Ltd’s Strategy: They collect fabric samples from the customer, and discuss all the quality issues beforehand to get approval before starting the manufacturing process. This mitigates the risk of product rejection to a significant level. 

Payment Delay: Delayed payments can affect the cash flow of Raging Bull, potentially causing financial strain or affecting their ability to fulfill other orders.

  • Raging Bulls Pvt Ltd’s Strategy: To prevent the effect of delayed payment on smooth operation the business is looking for funds as working capital to run its operations hassle-free. 

Supply chain Disruption: The business outsources orders from different manufacturers. Any kind of disruption in the supply chain can affect the business and its reputation in the long term like: delayed product delivery, lower quality etc. 

  • Raging Bulls Pvt Ltd’s Strategy: To prevent the effect of supply chain disruption, the business independently controls end-to-end operations by their experienced workforce and also distributes orders in 3 different factories. 

Possibility of political turmoil following the upcoming election: Our assessment assumes that there will be some macroeconomic turmoil towards the end of 2023 before the general election. This may impact any business.

 

To ensure Shariah-compliance, investors have to share a portion of losses (if incurred) over the investment period based on their capital contribution in the business.

For example, if someone invests BDT 10,000 and the business incurs a loss of 10%, the investor will have to bear a loss of 5.5% . So they will get back around BDT 9,450.

This is a necessary risk to ensure Shariah compliance of the transaction.

Raging Bull will be sharing a security cheque with biniyog.io. A guarantor will also be introduced in the contract for adding an extra layer of safety for the investors.

Disclaimer

This investment opportunity is based on a first come first serve basis. Your investment is secured only after your transfer-proof has been received. If the investment quota is already filled, your transferred amount shall be returned.

Return of your capital is NOT guaranteed. Investment, by default, requires a risk appetite. Past performance is not a guaranteed indicator of future outcomes.

biniyog.io only acts as a consultant to the investor and the business, and does NOT manage funds for any party.

biniyog.io does risk assessment to a certain extent, but will NOT be liable if the business does not perform as per expectation.

For any questions, please use the chat icon on the right or leave a message.

  • 19-09-2023

    This campaign is now live on biniyog.io!

    The funding campaign has started. The target is BDT 4 lac.