↩ Go Back
Need help?

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 USD 70 - 80 thousand
Run Rate Sales USD 430 thousand
EBITDA Margin 30 - 40 %
Industries Gold Refining
Locations  Chennai
Local Time 11:19 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.8 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... View More
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.

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
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more