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Nonferrous Metal Mining Business Investment Opportunity in Vizianagaram, India

Quartzite mining investment opportunity in Andhra Pradesh with established vendor relationships and operational assets.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 940 thousand
Run Rate Sales USD 710 thousand
EBITDA Margin 15 %
Industries Nonferrous Metal Mining
Locations  Visakhapatnam + 1 more
Local Time 11:37 AM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Partial Stake Sale
USD 1.77 million for 30.0% stake (Native Currency: INR 150,000,000)
Reason: - We are seeking this investment for the business working capital requirement. - For dedicated powe... View More
Includes physical assets worth USD 5.9 million
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Documents
Udyam Certificate
Business Overview
- Located in the prime mining region of Vizianagaram, with a dedicated quartzite mine spanning 40.065 hectares.
- Top-selling product: Quartzite lumps sized between 10 mm and 80 mm, catering to major industry players.
- Established vendor relationships with industry leaders like SAIL, Vedanta, Jindal Steels and Power, Tata Steels, and NMDC Steels.
- Strong customer base with over 15 active clients, ensuring diversified revenue streams.
- Equipped with in-house crushers and mining machinery, enhancing operational efficiency and reducing dependency on third-party services.
- Significant operational longevity with estimated reserves promising a mine life of 330 years.
- Sales were impacted temporarily by a government-imposed halt on mining activities for 3 months during elections.
- Environmentally compliant, holding both an environmental certificate and a Pollution Control Board license.
Products & Services Overview
The business's top-selling product:
- Quartzite lumps, ranging from sizes 10 mm to 80 mm.
We are vendors for SAIL, Vedanta, Jindal Steels and Power, Tata Steels and NMDC Steels.
Assets Overview
Tangible assets: 200 TPH crusher, 400 KVW generators, Tata Hitachi 220, XCMG 215 excavator, XCMG 5-ton loader, Atlas Copco drilling machine, and many other accessories.
100 acres land worth INR 50 crores.
Facilities Overview
The business operates out of a rented office in Visakhapatnam.
Has leased a 40.065-hectare quartzite mine in Vizianagaram district. The lease is valid for 100 years and is renewed every 20 years.
Pays an annual rent of INR 10 lakh and INR 10 lakh for other approvals and licenses.
Capitalization Overview
Business is self-funded and has unsecured loans of INR 2.5 crore.
The business has 2 partners with equal shares.
Recent Activity
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2 Investors contacted this Business this month. 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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