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Iron Foundry for Sale in Belagavi, India

Running state of the art foundry manufacturing ferrous castings with machining in Belgaum, Karnataka.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 1.63 million
Run Rate Sales USD 2.55 million
EBITDA Margin 10 %
Industries Foundries
Locations  Belagavi
Local Time 9:18 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.8 million (Native Currency: INR 155,000,000)
Reason: Under utilization of capacity.
Includes physical assets worth USD 230 thousand
Interested to connect with advisors
Business Overview
Running state of the art foundry manufacturing ferrous castings with machining in Belgaum, Karnataka.
We are an automated foundry with a DISA make molding machines and inducto-therm electrical furnaces.
Unit consists of Fully equipped lab, large fettiling area, small machine shop.
We manufacture CI and SG iron castings with machining to auto and engineering sectors.
Planned production capacity of 12,000 tons per year. Our products are used in Automobiles, Tractors & Farm Equipment, Power Generators, Engines, Compressors, Earth Moving Equipment, Valves etc.
Situated on a 3.1 acre self owned land parcel and built-up area of 31,000 sq ft.
The turnover for FY 14-15 is higher as the company is in the process of acquiring new clients.
Products & Services Overview
We manufacture CI and SG iron castings with machining to auto and engineering sectors.
Facilities Overview
Situated on a 3.1 acre self owned land parcel and built-up area of 31,000 sq ft.
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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