Construction Materials Business Equity Stake For Sale in Raichur, India
Well established mechanical engineering firm planning to venture into sand mining business.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 340 thousand |
| Run Rate Sales | USD 340 thousand |
| EBITDA Margin | 30 % |
| Industries | Construction Materials |
| Locations | Ballari + 1 more |
| Local Time | 5:56 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Partial Stake Sale
USD
340 thousand
for
40.0%
stake
(Native Currency: INR 30,000,000)
Reason: To kick start the project.
Includes physical assets worth
USD
114 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview
- We are into river sand mining and have also received letter of intent (LOI) from the Government of Karnataka.
- Currently we have two locations where the sand mining will take place having a total capacity output of 95,000 tons per annum.
- We are planning to raise the funds for the lease amount for half of the blocks i. e 22 out of 40 and the purchasing of mining machinery.
- Promoter has a business experience of 10+ years and also runs a construction business where it has has completed 4 projects.
- Currently we have two locations where the sand mining will take place having a total capacity output of 95,000 tons per annum.
- We are planning to raise the funds for the lease amount for half of the blocks i. e 22 out of 40 and the purchasing of mining machinery.
- Promoter has a business experience of 10+ years and also runs a construction business where it has has completed 4 projects.
Products & Services Overview
Sand mining and construction business.
Facilities Overview
Sand blocks with an extent of 9 to 13 acres in Hassan and 28 acres in Bellary.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Cosmetics Products, Gurgaon, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Metals And Minerals Trading, Chennai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Plastic Manufacturing, Kota, Corporate Investor / Buyer connected with the Business
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