Aluminium Smelting Company Investment Opportunity in Meerut, India

Aluminium smelting and kitchen utensils manufacturing company seeking investment to restart the business operations.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales Nil
EBITDA Margin Nil
Industries Aluminium Smelting + 1 more
Locations  Meerut
Local Time 2:06 PM Meerut
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 470 thousand for 40.0% stake (Native Currency: INR 35,000,000)
Reason: Operations were stopped 3 years back due to lack of funding. Need investment to restart the business... View More
Includes physical assets worth USD 540 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Inactive business in Meerut that stopped operations 3 years ago.

- We used to produce non-ferrous ingots out of aluminium to manufacture automobile parts and kitchen utensils. Now we are in process to restart the business operations with kitchen utensils manufacturing.

- We will import non-ferrous metals such as aluminum from different countries, carry out aluminum smelting and manufacture kitchen utensils at our facility.

- Already completed 1st round of meeting with clients in UAE and Singapore who would purchase our kitchen utensil products.

- Products will be manufactured by us and sold under our own brand name.

- When the business was operational we generated INR 30 lakh per month with 15% EBITDA.

- Our facility has a smelting capacity of 200 tons per month.

- Promoter has more than 10 years of experience in this industry.

- Business owns land, building, machinery and equipment.

Products & Services Overview

We used to produce non-ferrous ingots out of aluminium to manufacture Automobile parts and Kitchen Utensils. Now in process to restart the business operations with Kitchen Utensils manufacturing.

Facilities Overview
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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