Iron Foundry Investment Opportunity in Andhra Pradesh, India

Manufacturers & exporter of low carbon ferrochrome estimated monthly turnover 70cr seeks investment to restart operations.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 850 thousand
EBITDA Margin
10 - 20 %
Industries
Local Time
10:29 PM Kakinada
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 700 thousand for 35.0% stake (Native Currency: INR 50,000,000)
Reason: To meet the working capital requirement and restart operations.
Includes physical assets worth USD 1.3 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Company profile
Business Overview

- We are manufacturers and exporters of Low Carbon Ferrochrome,

- Promoter is a qualified metallurgist and has 32 yrs of experience.

- We've established this business in Europe and Japan.

- One of our major clients in India is BHEL.

- The Product is Import Substitute in India. India imports about 1,200 MTs / month and our Capacity is 400 MTs / month.

- Product used as alloying element in stainless steel and alloy steel manufacturing.

- Potential Consumers In India Are:

 BHEL, SAIL, JINDAL Stainless, VIRAJ Steel, Indian Seamless Steels and Alloys Ltd. , Kalyani Steels, Ordnance Factory, Pune, Chandan Steels.

 And many other Stainless steel / Alloy steel manufacturers & foundries.

- We regularly get inquiries from China, Singapore and various other parts of the world.

- The projected Turnover is Rs 70 Cr per annum @ 87% Capacity Utilisation.

Strengths Of The Company:

 Very Stong And Established Technical Team.

 Very Good Market Potential Both In Domestic And International.

 Product Well Accepted And Established In Domestic And International Markets.

 Adequate Production Facility.

Weakness Of The Company:

 Weak Financial Support.

- Inspite of getting multiple inquiries due to lack of working capital we have stopped our operations.

-hence looking for someone who can bring in 5cr either against equity or as unsecured loan.

Products & Services Overview

Low Carbon Ferro Chrome.

Can also add other noble alloys like Ferro Titanium, Ferro Moly, LC Ferro Manganese.

Facilities Overview
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.
Contact Business
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.
You might also be interested in these businesses

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 can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more