Foundry for Sale in Palakkad, India
Manufacturing TMT bars (6500 TPM Rolling) with brand and retailers.
Premium Plan
| Established | 20-30 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Public Limited Company |
| Reported Sales | USD 10 - 20 million |
| Run Rate Sales | USD 9.3 million |
| EBITDA Margin | 0 - 10 % |
| Industries | Foundries |
| Locations | Palakkad |
| Local Time | 7:47 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
5.8 million
(Native Currency: INR 520,000,000)
Reason: As new generation in the family engaged in the different professions are not interested in business.
Includes physical assets worth
USD
5.8 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
Established in 2006, technological upgradation with German QST in 2018, having ISO, ISI, approvals, and certifications from various institutions.
The business has a retail network in major parts of Kerala & also exports to Maldives. The majority of sales are domestic.
Our daily manufacturing capacity is 200 metric tons.
The company has a dealer network of more than 150.
The company's run rate sales have reduced due to a lack of people in top management.
The business has contract & local employees working on a part-time/ project basis.
We sell under our own brand name.
The business has a retail network in major parts of Kerala & also exports to Maldives. The majority of sales are domestic.
Our daily manufacturing capacity is 200 metric tons.
The company has a dealer network of more than 150.
The company's run rate sales have reduced due to a lack of people in top management.
The business has contract & local employees working on a part-time/ project basis.
We sell under our own brand name.
Products & Services Overview
We manufacture TMT bars of sizes 8mm to 25mm.
Assets Overview
Physical assets include plant and machinery, 3.79 acres of land with 65,000 sq feet of build-up area.Intangible assets include the legal entity, brand, and retail sales network.
Facilities Overview
3.79 acres of land with 65,000 sq feet of build-up area. The facility is owned in the east of the city.
Capitalization Overview
A loan from a government agency of INR 9.5 core, from the bank of INR 2.50 crore, from promoters INR 24 crore shareholding family business with close circle relatives. The business has 125+ almost equal shareholders.
Recent Activity
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Earlier than 15 daysChief Marketing Officer, TMT Bar Manufacturer, Mysore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Paper Packaging Products, Virudhunagar, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysEVP Marketing, Steel, Noida, Individual Investor / Buyer connected with the Business
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