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Auto Component Company for Sale in Rairangpur, India

For sale: Non-operational semi-automatic automotive foundry that manufactures S. G. iron castings.
This Business is on a Premium Plan
Established 40-50 year(s)
Employees 5 - 10
Legal Entity Public Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Auto Component
Locations  Rairangpur
Local Time 1:43 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.76 million (Native Currency: INR 150,000,000)
Reason: The owner has other commitments.
Includes physical assets worth USD 1.76 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- The business was incorporated in 1984.
- We are a fully machined automotive casting supplier to a reputed automobile company.
- The factory consists of a foundry & both manual & CNC machine shops.
- The facility has an area of 8 acres & out of that 5 acres is free land where enough business expansion can be done.
- Our annual manufacturing capacity is 5,000 tons.
- We stopped our operations in 2020, and before that our monthly turnover was INR 2.5 crore.
- The business does not have any outstanding payments.
Products & Services Overview
Automotive S. G. iron castings that are used in the rear axle part of commercial vehicles and which have different hubs, differential case & cover, and different shock absorber brackets.
Assets Overview
Physical assets include land with an area of 8 acres which is included in the transaction, 10 CNC machines with each of them costing INR 30 lakhs, fully equipped manual foundry machinery, 12 manual lathe machines, and milling machine.
Intangible assets include association as an official vendor of a reputed automobile company and HT power connections & valid licenses.
Facilities Overview
We have a facility with a total land area of 8 acres, a shed area of 50,158 square feet, and a workshop building having an area of 12,584 square feet.
The land is included in the transaction. It is leased & owned IDCO land. The company does not pay any rent.
Capitalization Overview
Not Disclosed
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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