Granite & Marble Company for Sale in Chhatarpur, India
For sale: Company with red granite mining license on a 67-hectare mining site.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Granite & Marble |
| Locations | Chhatarpur |
| Local Time | 9:03 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
5.7 million
(Native Currency: INR 500,000,000)
Reason: The business is being sold due to a lack of funds required to operate and develop the mining sites.
Includes physical assets worth
USD
113 thousand
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Documents
Certificate of Incorporation
(596.4 KB)
Business Overview
- The company has leased five red granite mines from the government in Chhatarpur. The combined area of the leased mines is 67 hectares.
- Out of the total 90-year lease period, 80 years are still remaining.
- Operations initially began 10 years ago but were later halted the same year due to financial constraints. Operations have stopped ever since.
- During the testing phase, the site was found to have deposits of approximately 8 lakh metric tons of red granite.
- As the mines are not currently operational, the company pays a dead rent to the government at a rate of INR 2 lakh per hectare per year.
- The sale includes the private limited company along with a valid GST registration, mining license, and all necessary permissions.
- We are registered in Bhopal and have our mining sites in Chhatarpur.
- Out of the total 90-year lease period, 80 years are still remaining.
- Operations initially began 10 years ago but were later halted the same year due to financial constraints. Operations have stopped ever since.
- During the testing phase, the site was found to have deposits of approximately 8 lakh metric tons of red granite.
- As the mines are not currently operational, the company pays a dead rent to the government at a rate of INR 2 lakh per hectare per year.
- The sale includes the private limited company along with a valid GST registration, mining license, and all necessary permissions.
- We are registered in Bhopal and have our mining sites in Chhatarpur.
Products & Services Overview
The top-selling product will be red granite extracted from the site, widely used for kitchen countertops, staircases, flooring, and wall cladding. It is also in high demand for export, particularly to markets like Vietnam. Red granite is valued across various industries, including construction, interior design, real estate development, and infrastructure projects, due to its durability, aesthetic appeal, and versatility.
Assets Overview
Tangible assets:- Own land of 15 acres around the mining sites (INR 70 lakh)
- 2 excavators (INR 30 lakh)
Intangible assets:
- 67 hectares of mining site lease.
- Private limited entity with a valid GST.
Facilities Overview
The mining site covers a total area of 67 hectares, with a dead rent of INR 2 lakh per hectare per year.
Capitalization Overview
The business has been funded entirely by its five directors to date. There is a liability of INR 1 crore owed to the government as outstanding due rent. This amount can be negotiated with the investor and adjusted in the final sale price.
Recent Activity
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Earlier than 15 daysCEO, Chennai, Financial Consultant connected with the Business
Tags:
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