Profitable Foundry Investment Opportunity in Deoghar, India

- We are a well-established steel abrasives manufacturer producing 3 different types of products. The company is unlisted on the stock market.

- Have over 100+ clients currently. The business is a preferred supplier to clients such as Indian Railways, Nalco, Usha Martin, Hindalco Industries, Bhushan Power & Steel, RSB Group, and DCM Engineering.

- The production facility has a capacity to produce 1,100 tonnes/monthly out of which we utilize 400 tonnes.

- We were recently selected among the top 5 in the country for the Economic Times Innovation Awards, in two separate categories.

- The business receives raw materials from over 12 suppliers.

- Run rate sales have fallen slightly due to the ongoing pandemic.

- The business is planning to venture into exports very soon.

- We have a dedicated quality testing lab that has been certified by various reputed agencies.

- Have over 50 daily wage labourers in our production facility.

- Director has founded 2 successful businesses in the past.

We produce 3 types of products i. e. steel shots, steel grit and iron / ms powder.

Business owns the a factory shed, office building, induction furnace, hardening furnaces, and some processing equipment. Besides that, we own inventory worth INR 4 crore.

The business owns a production facility with a total area of 30,000 square feet. The shed area with 20,000 square feet and office area is attached to this particular facility and included in the aforementioned area i. e. 30,000 square feet.