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Gold Refining Business Investment Opportunity in Chennai, India

Company buys waste from jewellery stores and refines it into precious metals like gold, silver.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales INR 60 - 70 lakh
Run Rate Sales INR 3.6 crore
EBITDA Margin 30 - 40 %
Industries Gold Refining
Locations  Chennai
Local Time 7:52 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
INR 15 crore for 20.0% stake (Native Currency: INR 150,000,000)
Reason: Funds will be utilized to build expand to a few other states and build 3 more manufacturing units in... View More
Includes physical assets worth INR 4.3 crore
Interested to connect with advisors
Business Overview
We are the pioneer in this field in India with a high number of clients who supply their scrap/dust and we have a very good facility to process the same with nearly 4 years of hands-on experience and doing profits from the year started.
We recently moved to a new facility with 1.75 acres of land owned by the owner.
Up to 1,000 tons of jewellery dust are available in the market out of which we process and refine up to 300 tons on a monthly basis.
The company is planning to expand and install new refining units as we see an abundant raw material source.
All the dust materials are sourced from pan India and are refined in Chennai.
The company has two directors from the same family.
Products & Services Overview
We get the raw material at a really cheaper price. however, selecting the right material is very important in which we are specialised. Once raw materials are purchased, the final product is sold in the market as a doré bar of gold and silver for which we have our own buyers in the market.
Assets Overview
Technical expertise, a factory with machines, furnace, concrete tanks, pumps, lab equipment, electrowinning set-up, furnace and office furniture.
Facilities Overview
We have about 1.75 acres of land owned by the owner and 15,000 square feet of built-up area for offices, stores, labs, workers-shed and processing areas.
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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