Profitable Hard Mineral Mining Business Investment Opportunity in Chennai, India
Company with mining quarry and manufacturing metal seeks investment opportunity in Chennai for expansion.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 50 - 100 |
| Legal Entity | General Partnership |
| Reported Sales | USD 1 - 2 million |
| Run Rate Sales | USD 5.6 million |
| EBITDA Margin | 40 % |
| Industries | Hard Mineral Mining |
| Locations | Chennai |
| Local Time | 8:30 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
1.17 million
for
40.0%
stake
(Native Currency: INR 100,000,000)
Reason: - We are already running a Tamil Nadu government-approved quarry and we are expanding our business t...
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Includes physical assets worth
USD
1.17 million
Interested to connect with advisors
Business Overview
- Mining operations that have been running for the past 7 months.
- Since we started recently, our last year's revenue was less.
- We have leased 20 acres of land from a private owner and are using 5 acres as of now. We will expand our operations soon.
- The project is approved by the Tamil Nadu govt and has all the required licenses.
- Our client relationship on average is 10+ years.
- Products are purchased by factories, crushers, and other industrial companies.
- Production capacity is 1,000 to 2,000 tons per day and we sell at INR 230 per ton to our clients.
* Other highlights:
- Status of the mine: G. O approved by the Mines & Geology Dept for a period of 5 years.
- Source of mine: 10 million MT.
- Type of the minerals: Aggregates (jeely)
- Location of the mine: Kanchipuram, Tamil Nadu.
- Salient features: Location has 1,000 acres of Spicot Cheyyar Mahindra city, Royal Enfield, Aditya Birla Group, Chennai International Airport Pashe - 2, Chennai Metro Rail Project, National Highways (NHAI), and a PWD approved crushing company.
- Since we started recently, our last year's revenue was less.
- We have leased 20 acres of land from a private owner and are using 5 acres as of now. We will expand our operations soon.
- The project is approved by the Tamil Nadu govt and has all the required licenses.
- Our client relationship on average is 10+ years.
- Products are purchased by factories, crushers, and other industrial companies.
- Production capacity is 1,000 to 2,000 tons per day and we sell at INR 230 per ton to our clients.
* Other highlights:
- Status of the mine: G. O approved by the Mines & Geology Dept for a period of 5 years.
- Source of mine: 10 million MT.
- Type of the minerals: Aggregates (jeely)
- Location of the mine: Kanchipuram, Tamil Nadu.
- Salient features: Location has 1,000 acres of Spicot Cheyyar Mahindra city, Royal Enfield, Aditya Birla Group, Chennai International Airport Pashe - 2, Chennai Metro Rail Project, National Highways (NHAI), and a PWD approved crushing company.
Products & Services Overview
Mining and refining of all kinds of M-sand, P-sand, jeely, dust, boulders, and aggregates all over Chennai.
Assets Overview
Tangible assets include excavators, tippers, trucks, compressors, VSI crusher machines, and 200 TPH machines.
Facilities Overview
The administration office is leased and has an area of 500 sq. ft. The manufacturing unit is on lease for 10 years and has an area of 20 acres. We will be vacating this property for a new manufacturing unit.
Capitalization Overview
- Business is owned by 2 partners with equal shares.- Business has no loans. Previous loans have been cleared.
Recent Activity
-
Earlier than 15 daysDirector, Transport And Travel Agency, Hyderabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysConsultant, Bengaluru, Financial Consultant connected with the Business
-
Earlier than 15 daysManaging Director, Bag Manufacturer, Salem, Individual Investor / Buyer connected with the Business
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