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Profitable Foundry for Sale in Shimoga, India

Established Karnataka foundry supplying automotive OEMs through company-owned manufacturing facilities, available for complete acquisition.

Established 30-40 year(s)
Employees 500 - 1000
Legal Entity General Partnership
Reported Sales USD 13.6 million
Run Rate Sales USD 16.3 million
EBITDA Margin 21 %
Industries Foundries
Locations  Shimoga
Local Time 6:57 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 37 million (Native Currency: INR 3,500,000,000)
Reason: The owner are planning to take up different ventures therefore looking to sell this business. The h... View More
Includes physical assets worth USD 9.4 million
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Business Name
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Documents
GST Certificate
Business Overview
- Well-established foundry business with over three decades of operating history, specializing in the manufacture of precision cast components for the commercial vehicle and agricultural equipment industries.
- Manufactures truck and tractor parts for leading OEMs, including Mahindra, Ashok Leyland, Daimler, and Caterpillar, with a diversified client base of 5–6 major customers.
- Generates revenue through long-term OEM supply contracts, supported by consistent production volumes and repeat business.
- Operates with a monthly production capacity of 1,200 tonnes and a pouring capacity of 2,000 tonnes, providing significant scope for future capacity utilization and growth.
- Equipped with advanced foundry infrastructure, including Adi heat treatment facilities, enabling the production of high-quality engineered castings.
- Employs a workforce of 700 personnel across manufacturing, quality control, maintenance, engineering, logistics, and administration to support large-scale foundry operations.
- Operates from six company-owned manufacturing facilities located in Shimoga, Karnataka, providing an integrated production setup.
Products & Services Overview
Top-Selling Product/Service & Clientele:
Manufacture of truck and tractor cast components for leading OEMs, including Mahindra, Ashok Leyland, Daimler, Caterpillar, and other industrial customers.
Assets Overview
Tangible assets include company-owned factory premises across six locations, plant and machinery, foundry equipment, heat treatment facilities, and related manufacturing infrastructure.
Intangible assets include GST certificate and MSME certificate.
Facilities Overview
The company owns its manufacturing facilities, which are located across six locations in Shivamogga (Shimoga).
Capitalization Overview
The business is managed by six partners and has an outstanding loan of approximately INR 8 crore, which will be transferred to the new owner as part of the transaction.
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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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