Ethanol Fuels Company Investment Opportunity in Madurai, India
Madurai based grain-based distillery for the production of ethanol spread across 18 acres of land.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Ethanol Fuels |
| Locations | Madurai |
| Local Time | 7:03 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
860 thousand
for
50.0%
stake
(Native Currency: INR 75,000,000)
Reason: Working capital.
Includes physical assets worth
USD
1.7 million
Interested to connect with advisors
Documents
ROC-Verification.pdf
(66.1 KB)
Business Overview
- The business is constructing grain-based distillery for the production of ethanol for blending with petrol to supply for OMCs (Oil Marketing Companies).
- The plant is designed with a manufacturing capacity of 120 KL for broken rice and 106 KL for maize.
- Drawings for each section have been received and submitted for NOC Fire and Building Plan approval from Re Green Excel.
- Signed Long term agreement with OMC's like HPCL, IOCL and BPCL.
- Completed civil works include a security cabin, weighbridge, power room for HT supply, temple, toilet blocks and rainwater harvesting well.
- Road Formation: After removing loose soil, the complete road formation within the plant area has been finished with widths of 9 meters, 8 meters, and 6 meters using a heavy-duty compactor. Only the tar layer remains pending.
- The workforce for this project includes a Vice President, an AGM of Engineering, a Civil Manager, and three dedicated staff members.
- Company is registered under MCA, and has been obtained NOC from Tahsildar for the land, confirming absence of high-tension power lines, encumbrances, water canals, burial grounds, etc. ,
- In-principal approval from the Department of Food and Public Distribution, New Delhi, for supplying ethanol to OMCs has been obtained.
- The plant is designed with a manufacturing capacity of 120 KL for broken rice and 106 KL for maize.
- Drawings for each section have been received and submitted for NOC Fire and Building Plan approval from Re Green Excel.
- Signed Long term agreement with OMC's like HPCL, IOCL and BPCL.
- Completed civil works include a security cabin, weighbridge, power room for HT supply, temple, toilet blocks and rainwater harvesting well.
- Road Formation: After removing loose soil, the complete road formation within the plant area has been finished with widths of 9 meters, 8 meters, and 6 meters using a heavy-duty compactor. Only the tar layer remains pending.
- The workforce for this project includes a Vice President, an AGM of Engineering, a Civil Manager, and three dedicated staff members.
- Company is registered under MCA, and has been obtained NOC from Tahsildar for the land, confirming absence of high-tension power lines, encumbrances, water canals, burial grounds, etc. ,
- In-principal approval from the Department of Food and Public Distribution, New Delhi, for supplying ethanol to OMCs has been obtained.
Products & Services Overview
- Manufacturing plant designed to supply ethanol and distiller's dried grains with soluble (Ddgs) to oil manufacturing companies (OMCs).
Assets Overview
Physical assets include land, compound wall and security cabin, office set up with computers, printer, A/C etc.
Facilities Overview
We have rented a 700-square-foot house for a canteen, along with three 400-square-foot godowns that also serve as living quarters, located just 150 meters from the main site.
Capitalization Overview
- Promoters have self-funded this project.- The company has four directors, all of whom are family members sharing 25% stake each.
- No loans/ debts taken on the business.
Recent Activity
-
Earlier than 15 daysDirector, Food Grains Traders, Mountain View, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysPartner, Health Care IT Solutions, Suwanee, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Logistics, Indore, Individual Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
