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Foundry for Sale in Rourkela, India

For Sale: Iron ingot manufacturing foundry in Odisha with 100 ton/day capacity.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 12 million
Run Rate Sales USD 13 million
EBITDA Margin 3 %
Industries Foundries
Locations  Rourkela
Local Time 10:58 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 4.2 million (Native Currency: INR 350,000,000)
Reason: Shifting to another city.
Includes physical assets worth USD 4.2 million
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Business Overview
- The company employs 55 individuals and hires part-time staff on a contract basis.
- Business operates with a total plant setup of a 10-ton electric furnace with a rolling mill. Additionally, they have a shed extended to set up an extra 10-ton electric furnace, a high-quality slag crusher unit with a ramp, an office building, staff quarters, and a 100 MT weighing bridge.
- The business procures sponge metals and waste metals to produce MS ingots, which are then supplied to various manufacturers as raw materials for the development of iron and metal structures and components.
- The company's primary client base consists of rolling mills in Nagpur, Madhya Pradesh, and other states, in addition to supplying numerous brokers and distributors.
- The production capacity of the foundry is 100 tons per day, indicating a significant potential for high-volume output.
- The foundry's strategic location in Rourkela, a prominent industrial area in Odisha, offers access to a robust supply chain and potential for further growth and expansion.
- The business presents an opportunity for investors to acquire a well-established foundry with an existing client base and a high daily production capacity.
- Business has all the state and city permissions and documents for operations.
Products & Services Overview
We procure sponge metals and waste metals to produce MS ingot and supply them to different manufacturers as raw materials to develop different iron and metal structures and components.
Assets Overview
- Land of 9 acre - INR 20 cr.
- Building, machines, equipment - INR 12.5 cr.
- Electric department security dep - INR 2.5 cr.
Facilities Overview
Owned land of 9 acres with a factory and shed in Rourkela.
Capitalization Overview
- Have bank CC limit of INR 9 cr.
- Business has 4 directors.
Recent Activity
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1 Buyer contacted this Business this week. Register below to connect now!
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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