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Foundry for Sale in Pargi, India

For Sale: Pargi based non-operational cast iron and pig iron manufacturing company.

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 9:13 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 6 million (Native Currency: INR 450,000,000)
Reason: Directors want to exit the business.
Includes physical assets worth USD 6 million
Interested to connect with advisors
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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.

Recent Activity
  • Earlier than 15 days
    Founder & CEO, Chennai, M&A Advisor connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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