Foundry for Sale in Gujarat, India
For Sale: Foundry that produces cast iron and ductile iron and serves 12 clients.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 530 thousand |
| Run Rate Sales | USD 950 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Foundries |
| Locations | Gujarat |
| Local Time | 6:57 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
2.33 million
(Native Currency: INR 220,000,000)
Reason: Company is involved in a variety of other businesses and would like to concentrate on them.
Includes physical assets worth
USD
1.6 million
Interested to connect with advisors
Documents
Business Overview
- The foundry is ideally located at a place, where it is easily accessible by air, road, and train from all major cities.
- It is also linked by sea to the adjacent Kandla Port, through which most Western Indian industries ship their goods.
- Foundry has 12 clients out of which two are on a contractual basis and the other 10 are on order to order basis.
- Clients have a strong relationship with the company and have been associated with them for the past 3 years.
- Revenue model is such that the scrap is gathered and then melted down to produce a finished good that is required by the client.
- As the company is located in India's foundry belt, it has the intrinsic advantage of being close to multiple original sources of raw material, providing a variety of options for sourcing the finest in class.
- It has an average installed production capacity of 9,000 metric tons yearly and is one of the first plants in India with the installation of latest casting technology of high pressure of last flask-less moulding line from Sinto Japan.
- Vision of the company is to bring maximum value to customers' businesses by delivering high-quality castings on time and with cutting-edge technology.
- Alternative metal and process solutions are being developed. This will help increase profitability through accuracy and precision.
- It is also linked by sea to the adjacent Kandla Port, through which most Western Indian industries ship their goods.
- Foundry has 12 clients out of which two are on a contractual basis and the other 10 are on order to order basis.
- Clients have a strong relationship with the company and have been associated with them for the past 3 years.
- Revenue model is such that the scrap is gathered and then melted down to produce a finished good that is required by the client.
- As the company is located in India's foundry belt, it has the intrinsic advantage of being close to multiple original sources of raw material, providing a variety of options for sourcing the finest in class.
- It has an average installed production capacity of 9,000 metric tons yearly and is one of the first plants in India with the installation of latest casting technology of high pressure of last flask-less moulding line from Sinto Japan.
- Vision of the company is to bring maximum value to customers' businesses by delivering high-quality castings on time and with cutting-edge technology.
- Alternative metal and process solutions are being developed. This will help increase profitability through accuracy and precision.
Products & Services Overview
Products and services of the business are:Cast iron, ductile iron products serving industries such as valves, automotive, electric motor, railways.
Assets Overview
All the assets of the business are:- High pressure molding line {HPML) from Sinto Japan.
- Flask less mold size: (508 x 610 x 400). Molds per hour 200.
- Castings weight from: 1- 25 Kg.
- WINCAST simulation software.
- lnductotherm induction melting furnace 2 metric ton per hour.
- Auto pour tundish with live sensing; bottom pouring system.
- Sand plant and sand cooler from EIRICH,
Germany, capacity of 40 tons sand mixing per hour.
- Fully equipped sand testing, mechanical and chemical testing laboratory.
- In house testing shot blasting facility and paint shop.
- In house automated core shop equipped with cold box, core and shell core shooter maximum core weight 16 kg.
- Quality management systems: IATF 16949:2016 & ISO 9001by TUV SUD.
Facilities Overview
The company's manufacturing area is 72,000 Sq. Ft. , which includes the office and is owned by the directors.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysExecutive Director, Automotive OEM Manufacturer (Precision Machining), Pune, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysPromoter, Real Estate, Pune, Corporate Investor / Buyer connected with the Business
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