Iron Ore Mining Business Investment Opportunity in Sandur, India

Lucrative iron ore mining business with immense growth potential.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Iron Ore Mining
Locations  Davangere + 1 more
Local Time 12:46 PM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Seeking Investment
USD 1.3 million for 24.0% stake (Native Currency: INR 100,000,000)
Reason: Promoters have already done a lot of ground work and invested more than INR 2-3 crores in the ventur... View More
Includes physical assets worth USD 1.7 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Proposal
Business Overview

Detailed business proposal attached and further details can be shared with interested investors. Brief is as follows:

- There are two iron ores in Karnataka of 72 acre and 37 acre, respectively owned by individual people.

- The directors of LLP company were in talks with the mine owners since last 1 year and have the final approval to take the mine on lease.

- Looking for investor to buy machinery to start the mine.

- After commencement, the business is expected to generate Rs. 2 crore of monthly Sales on a very conservative basis.

- One of the promoters has an extensive experience (more than a decade) in mining and stone crushing business.

Products & Services Overview

Iron ore.

Facilities Overview

One of the mines is 72 acres (Davangere) and the other is 37 acres (Sandur)

Recent Activity
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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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