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Foundry Investment Opportunity in Mumbai, India

For Sale: Manufacturer of exothermic sleeves for 25-30 steel foundries to improve yield of castings.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 500 - 600 thousand
Run Rate Sales USD 500 thousand
EBITDA Margin 8 %
Industries Foundries + 1 more
Locations  Mumbai
Local Time 4:24 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 600 thousand for 70.0% stake (Native Currency: INR 50,000,000)
Reason: Owner wants to sell the unit in MIDC Badlapur and retain Hyderabad unit.
Includes physical assets worth USD 600 thousand
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Business Overview

- ISO 9001 certified company with 2 plants, an office and annual revenue of Rs 4 crores.

- We specialize in designing and manufacturing exothermic and insulating sleeves.

- Have 25-30 clients and all our clients are steel foundries.

- Clients give us repeat orders and have running contracts with them.

- Company has INR 4.2 crore bank liability.

- Badlapur factory has a production capacity of 400 tons of sleeves per annum and the Hyderabad factory has 250-300 ton production capacity per annum.

Products & Services Overview

Manufacturer of exothermic sleeves, insulating sleeves, APC breakdown agents, coatings, and aluminium fluxes.

Assets Overview

Factory in Badlapur on 99-year lease, own office in Chembur, machinery, equipment, raw materials, finished products, rented factory in Hyderabad.

Facilities Overview

- Factory of 8,400 sq ft built-up area with a single floor industrial shed on 99-year lease with MIDC.

- Own office in Chembur.

- Rented 8,000 sq ft factory in Hyderabad.

Capitalization Overview
Not Disclosed
Recent Activity
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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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