Metal Packaging Company Investment Opportunity in Mumbai, India

Steel drum manufacturing business having tie up with Hindustan Petroleum seeks funding to set up a manufacturing unit.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
5:48 AM Mumbai
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Investment
USD 260 thousand for 20.0% stake (Native Currency: INR 20,000,000)
Reason: To set up the manufacturing unit and start operations.
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- A steel drum manufacturing business based in Mumbai.

- We are still in pre-revenue phase, and will start once funds are acquired.

- Manufacturing unit will be purchased using the funds, and will be located in Mumbai.

- We have developed and patented technology that will reduce the usage of steel in the manufacturing process by 50%.

- The steel drums manufactured is used for storage of oil and petroleum.

- We have a joint venture with Hindustan Petroleum, and will be working with them on this project.

Products & Services Overview

Manufacturing of 200 Ltr Steel lube oil drums, 160 kg bitumen drums.

Facilities Overview
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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