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.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 60 - 70 thousand |
| Run Rate Sales | USD 420 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Gold Refining |
| Locations | Chennai |
| Local Time | 7:39 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
1.74 million
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...
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Includes physical assets worth
USD
500 thousand
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.
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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Earlier than 15 daysDirector, Food Import And Export, Chennai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Chennai, Financial Advisor connected with the Business
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Earlier than 15 daysDirector, Financial Services, Chennai, Corporate Investor / Buyer connected with the Business
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