Foundry for Sale in Pargi, India
For Sale: Pargi based non-operational cast iron and pig iron manufacturing company.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Foundries |
| Locations | Pargi |
| Local Time | 4:50 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
5.4 million
(Native Currency: INR 450,000,000)
Reason: Directors want to exit the business.
Includes physical assets worth
USD
5.4 million
Interested to connect with advisors
Documents
Location on Google Earth
(95.0 KB)
ROC-Verification.pdf
(61.0 KB)
Business Overview
- We used to operate a blast furnace manufacturing cast iron and pig iron.
- Business has been shut down for the past 2 years, as the directors have ventured on to other projects.
- Manufacturing unit is located in Pargi and has a maximum production capacity of 150 tonnes of iron per day.
- When business was operational we used to sell iron to 20 manufacturing companies.
- There is a dedicated 33 kva power line.
- Physical assets are land, manufacturing unit and machines.
- Sale would include entire business and physical assets.
Products & Services Overview
Blast furnace for manufacturing pig iron and cast iron.
Facilities Overview
Land is owned by the company and has an area of 33 acres where the manufacturing unit is located.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
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