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Iron Ore Mining Company for Sale in Rourkela, India

Full sale of iron ore mining pvt ltd. excavation/trading venture with expertise and growth opportunities.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 10 - 20 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Iron Ore Mining
Locations  Rourkela + 1 more
Local Time 5:10 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 106 thousand (Native Currency: INR 10,000,000)
Reason: The business is being sold as the promoters are originally from Maharashtra, and due to health issue... View More
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Documents
MSME Certificate
Company PAN Card
Company Profile
TAN
Business Overview
- Pvt Ltd company specialized in mining and raising iron ore, based in Bombay and operated in Odisha.
- Business was engaged in iron ore trading and mining support services, including contract excavation for iron ore extraction.
- Focused on the supply of high-grade iron ore, catering to steel manufacturing companies and industrial buyers.
- Business operations were paused approximately a year ago due to personal reasons, with scope for revival under active management.
- Structured to offer both trading and mining service capabilities, enabling multiple revenue streams within the same sector.
- Led by a promoter with around a decade of experience in iron ore trading and mining operations.
- Holds Trading License 1 and Trading License 2, along with MSME and GST registrations.
- Positioned to benefit from ongoing demand for high-grade iron ore in the steel manufacturing industry.
Products & Services Overview
High-grade iron ore trading and contract excavation services for steel manufacturers and industrial buyers.
Assets Overview
Intangible assets include:
- T1 and T2 licenses, for which INR 25 lakh has been spent.
- The promoter brings 10 years of industry experience.
Facilities Overview
The company was operated from a rented office in Rourkela, with a built‑up area of 1,000 sq ft.
The business is registered in Thane, where the promoters are currently based.
Capitalization Overview
The business was initially funded through family savings, which proved insufficient to sustain smooth operations. It is structured with two directors holding stakes of 90% and 10%, respectively, and has no outstanding loans.
Recent Activity
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4 Buyers contacted this Business this week. Register below to connect now!
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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