Mining Machinery Company Investment Opportunity in Thane, India
Business into manufacturing, and distribution of explosive blast free mining rock excavation solutions, seeks investment.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Mining Machinery |
| Locations | Thane |
| Local Time | 5:12 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
70 thousand
for
50.0%
stake
(Native Currency: INR 6,000,000)
Reason: Require working capital for setting up the assembly set-up, product promotion, sales & support.
We ...
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Includes physical assets worth
USD
140 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Engineering company with a hard rock mining/extraction attachment to use as an alternative when blasting is restricted/resisted.
- The development work has been completed and a prototype has also been tested.
- The technology has been developed completely in-house over the last 5 years.
- The component manufacturing will be outsourced and we will only assemble, test, sell, and provide support for the finished product.
- Sales & manufacturing operations to be developed to cater to a ready and exponentially growing market.
- No loans in the name of the company.
- The company is led by 2 directors who are equal shareholders in this company.
- The company directors also own and operate another 11-year-old company in the same industry. They have set up this new entity to enjoy the benefits of schemes like Start-up India.
- The investor will get a 40% stake in this business.
- The development work has been completed and a prototype has also been tested.
- The technology has been developed completely in-house over the last 5 years.
- The component manufacturing will be outsourced and we will only assemble, test, sell, and provide support for the finished product.
- Sales & manufacturing operations to be developed to cater to a ready and exponentially growing market.
- No loans in the name of the company.
- The company is led by 2 directors who are equal shareholders in this company.
- The company directors also own and operate another 11-year-old company in the same industry. They have set up this new entity to enjoy the benefits of schemes like Start-up India.
- The investor will get a 40% stake in this business.
Products & Services Overview
1. Proprietary rock miner tool that can be used for hard rock mining as alternative to explosive blasting when it is restricted, banned, and costly.2. Only effective solution with reference to cost, production, safety, etc.
3. We also offer mining mobility solutions and demolition machines.
Assets Overview
Knowledge & experience of the field, and products.The business owns the prototype which is valued at around INR 1.2 crore.
Facilities Overview
This business operates from the rented premises of a sister concern.
Capitalization Overview
Presently business is being funded internally by directors.No of stakeholders - 2 with an equal stake.
No loans, no liabilities, and no debts currently.
Recent Activity
-
Earlier than 15 daysFounder And Business Head, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Construction, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Engineering Services, Mumbai, Corporate Investor / Buyer connected with the Business
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