Foundry for Sale in Kurnool, India
Integrated iron/steel business with NCLT-acquired sponge iron plant, trading operations, and strong growth potential.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 50 - 100 |
| Legal Entity | General Partnership |
| Reported Sales | USD 2.07 million |
| Run Rate Sales | USD 2.06 million |
| EBITDA Margin | 0 - 10 % |
| Industries | Foundries |
| Locations | Kurnool |
| Local Time | 12:54 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
9.8 million
(Native Currency: INR 900,000,000)
Reason: Founder exit due to no family succession—highly distressed sale; strategic acquisition opportunity f...
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Includes physical assets worth
USD
9.8 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Company Details
(2.9 MB)
Business Overview
• Operates as an integrated iron and steel business combining manufacturing and trading operations.
• Supplies sponge iron (DRI) as a key raw material to steel manufacturers.
• Trades finished iron and steel products to regional steel plants.
• Supplies industrial-grade coal (RB2 and RB3) to steel manufacturing units.
• Serves mid-to-large steel manufacturers across South and Central India.
• Operates under a mix of long-term supply contracts and spot trading arrangements.
• Successfully acquired a 100 TPD sponge iron manufacturing facility through IBC / NCLT resolution.
• Owns approximately 140+ acres of industrial land with fully installed plant and machinery.
• Operates with a clean balance sheet and clear title to assets post-resolution.
• Led by a promoter with over 18 years of experience in the sponge iron and steel industry.
• Maintains strong supplier and buyer relationships across multiple steel plants.
• Built on a scalable model with projected annual revenues exceeding INR 100 crore.
• Holds a valid GST certificate, ensuring statutory compliance.
• Supplies sponge iron (DRI) as a key raw material to steel manufacturers.
• Trades finished iron and steel products to regional steel plants.
• Supplies industrial-grade coal (RB2 and RB3) to steel manufacturing units.
• Serves mid-to-large steel manufacturers across South and Central India.
• Operates under a mix of long-term supply contracts and spot trading arrangements.
• Successfully acquired a 100 TPD sponge iron manufacturing facility through IBC / NCLT resolution.
• Owns approximately 140+ acres of industrial land with fully installed plant and machinery.
• Operates with a clean balance sheet and clear title to assets post-resolution.
• Led by a promoter with over 18 years of experience in the sponge iron and steel industry.
• Maintains strong supplier and buyer relationships across multiple steel plants.
• Built on a scalable model with projected annual revenues exceeding INR 100 crore.
• Holds a valid GST certificate, ensuring statutory compliance.
Products & Services Overview
Sponge iron (DRI), finished steel products, and industrial coal supplied to mid-to-large steel manufacturers across South and Central India.
Assets Overview
Tangible assets:- 140+ acres of industrial land.
- Complete sponge iron plant & machinery.
- Electrical systems, pollution control equipment.
- Vehicles, weighbridge, and utilities.
These assets are valued at INR 102 crore and are being offered at a discounted price of INR 90 crore.
Intangible assets:
- NCLT-approved resolution rights.
- Established vendor & customer relationships.
- Operating licenses & statutory approvals.
Facilities Overview
Land area: ~140+ acres (industrial freehold land)Manufacturing unit: Fully constructed sponge iron plant.
Installed capacity: 100 TPD.
Infrastructure: Kiln, cooler, pollution control systems, power backup, weighbridge, conveyors, utilities.
Ownership: Owned (no lease dependency).
Capitalization Overview
Funded through promoter equity and structured debt.Resolution payments are substantially completed.
Term loan: ~₹10 Cr (proposed).
Working capital: ~₹5 Cr.
Ownership held by partners (100%).
Has 2 partners with equal shares.
Recent Activity
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2 days, 15 hours agoDirector, Drilling Solutions, Hyderabad, Corporate Investor / Buyer connected with the Business
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6 days, 21 hours agoDirector, Specialized Bearings And Injection Moulding Manufacturing, Mumbai, Corporate Investor / Buyer connected with the Business
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1 week agoManaging Director, Manufacturing Of Auto And Railway Components, Jamshedpur, Corporate Investor / Buyer connected with the Business
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