Foundry for Sale in Kothagudem, India
For sale: Non-operational forged grinding balls manufacturing business with 1,000-ton monthly production capacity.
Premium Plan
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Public Limited Company |
| Reported Sales | USD 1.06 million |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Foundries |
| Locations | Kothagudem |
| Local Time | 6:22 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
4.2 million
(Native Currency: INR 400,000,000)
Reason: Retirement of top management.
Includes physical assets worth
USD
4.2 million
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- The business has been non-operational for the past eight years due to an ongoing bank dispute, which has now been fully settled and will not be transferred to the new buyer.
- The company previously manufactured forged grinding balls used in mining, cement, and mineral processing industries.
- The machinery has a production capacity of 1,000 tons per month.
- The products were supplied to major mineral processing industries globally and have strong export potential.
- The forged grinding balls are well accepted in international markets and can be exported to several countries worldwide.
- The business is registered as a public limited company with GST registration.
- The company is officially registered in Vijayawada, while the manufacturing facility is located in Kothagudem.
- The company previously manufactured forged grinding balls used in mining, cement, and mineral processing industries.
- The machinery has a production capacity of 1,000 tons per month.
- The products were supplied to major mineral processing industries globally and have strong export potential.
- The forged grinding balls are well accepted in international markets and can be exported to several countries worldwide.
- The business is registered as a public limited company with GST registration.
- The company is officially registered in Vijayawada, while the manufacturing facility is located in Kothagudem.
Products & Services Overview
The company’s top-selling products were forged grinding balls, primarily supplied to mining, cement, and mineral processing industries for use in industrial milling operations.
Assets Overview
Tangible assets:- Own land (INR 22.5 crore)
- Plant and machinery (INR 20 crore)
- The physical assets are worth INR 42.5 crore but are being offered at a lower valuation to make it more attractive to investors.
Intangible assets:
- Public limited entity.
- GST registration.
Facilities Overview
The business operated from its own 15-acre land parcel located in Kothagudem.
Capitalization Overview
The company is debt-free and is a closely held family-owned enterprise, with 3 primary directors and 15 shareholders.
Recent Activity
-
Earlier than 15 daysDirector, Drilling Solutions, Hyderabad, Corporate Investor / Buyer connected with the Business
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