8.3 / 10
 Davangere + 1 more

Lucrative iron ore mining business with immense growth potential.

Key Business Facts
Yearly Sales Nil
EBIDTA Margin Nil
Industries Iron Ore Mining
Locations  Davangere + 1 more
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.
Partial Stake Sale
USD 1.2 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 1.6 million
Interested to connect with advisors
In talks with 3 Investors
Contact Business