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Glass Company for Sale in Andhra Pradesh, India

Second largest glass (windowpanes) manufacturing company in India in terms of production capacity.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Glass
Locations  Andhra Pradesh
Local Time 5:43 PM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 5 million (Native Currency: INR 400,000,000)
Reason: Company is in NPA state for the last 2 years due to a bank issue. Bank seeks to sell stressed assets... View More
Includes physical assets worth USD 14 million
Interested to connect with advisors
Business Overview

- Company is the second-largest glass (windowpanes) manufacturer in India with daily production capacity of 90 MT.

- This company is the only windowpanes manufacturer in India for the extreme southern region.

- Company is in NPA state for the last 2 years due to bank issue. They were not able to raise fresh loans to buy new machinery and as a result, the factory was halted.

- While operational, the company used to generate a yearly revenue of approx INR 150 crore with over 30% EBITDA margin.

- Company has a total of 2,700 showrooms as clients which include 75 large showrooms. The company has 5 standing work orders from existing clients.

- Founders have 20+ years of experience in this industry and they also run other businesses from different sector.

Products & Services Overview

Glass factory that manufactures windowpanes for constructions.

Assets Overview

Land (5 acres and 19 acres), building, machinery and office equipment.

Facilities Overview

Factory is setup on a land of 5 acres. Company also owns 19 acres of open land around the factory.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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