Foundry for Sale in Chennai, India
Non-operational MS binding wire production company capacity of 1.5 MT per 12-hour shift/machine for-sale.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | INR 1.3 crore |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Foundries |
| Locations | Chennai |
| Local Time | 4:56 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
INR
90 lakh
(Native Currency: INR 9,000,000)
Reason: The owner, aged 66, is looking to retire and has decided to sell the machinery, along the existing b...
View More
Includes physical assets worth
INR
90 lakh
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
MS Wire Drawing Machine Vid1
(5.3 MB)
MS Wire Drawing Machine Vid2
(10.8 MB)
GST Certificate
(78.8 KB)
Business Overview
- The business specializes in the production of M. S. binding wires, primarily catering to the construction and iron/steel trading industries.
- Contact information for approximately 20 clients is available for potential buyers.
- The operation is equipped with 3 advanced wire drawing machines, all in excellent working condition, featuring automated and drive-controlled systems for optimal efficiency.
- Each machine set has a production capacity of 1.5 MT per 12-hour shift, ensuring reliable and consistent output for large orders.
- The promoter has extensive experience in the industry, backed by years of hands-on expertise in manufacturing and operations.
- Strong business relationships with local construction companies and steel traders have been established, ensuring steady demand for products.
- Operations were halted 6 months ago due to the owner's decision to retire.
- GST and CIN are in place for the entity; however, these will not be transferred as the entity itself will be retained.
- The facility is well-maintained and ready for immediate operation, making it an attractive opportunity for potential buyers.
- Contact information for approximately 20 clients is available for potential buyers.
- The operation is equipped with 3 advanced wire drawing machines, all in excellent working condition, featuring automated and drive-controlled systems for optimal efficiency.
- Each machine set has a production capacity of 1.5 MT per 12-hour shift, ensuring reliable and consistent output for large orders.
- The promoter has extensive experience in the industry, backed by years of hands-on expertise in manufacturing and operations.
- Strong business relationships with local construction companies and steel traders have been established, ensuring steady demand for products.
- Operations were halted 6 months ago due to the owner's decision to retire.
- GST and CIN are in place for the entity; however, these will not be transferred as the entity itself will be retained.
- The facility is well-maintained and ready for immediate operation, making it an attractive opportunity for potential buyers.
Products & Services Overview
- Produce M. S. binding wires, primarily serving the construction industry and iron and steel traders.- Our products are recognized for their quality and durability, designed to meet the specific requirements of infrastructure, fabrication projects, and various applications, including paint buckets, hangers, and trays.
Assets Overview
Tangible assets:- 3 binding wire drawing sets, each comprising 9 blocks with a fully functional drive system.
- The drive system is equipped with INVT drives, featuring 20 HP and 15 HP motors, ensuring optimal performance across all blocks. Motors are provided for each block.
- 2 butt welding machines, each with a 2KVA capacity.
- A complete set of wire drawing dies.
- 1 electric furnace with a 3MT capacity, along with two stands and a cover.
Facilities Overview
10,000 sq. ft facility in Chennai.Personal property of the founder.
Capitalization Overview
The company is debt-free and under single ownership, offering a clean financial structure.
Recent Activity
-
Earlier than 15 daysDirector, Automotive, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFinance Manager, Laundry Operation, Chennai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Engineering And Fabrication Material Contractors & Supplier, Chennai, Corporate Investor / Buyer connected with the Business
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