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Profitable Hard Mineral Mining Company Investment Opportunity in Jamshedpur, India

Mining company that engages in taking a lease of the river.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 255 thousand
EBITDA Margin 40 %
Industries Hard Mineral Mining
Locations  Jamshedpur
Local Time 4:55 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 470 thousand for 50.0% stake (Native Currency: INR 40,000,000)
Reason: Need funds to lease the mines.
Includes physical assets worth USD 59 thousand
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Business Name
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User Verification
Documents
Business Overview
- Recently establishes mining company in Jamshedpur.
- Decent growth rate in the last few months.
- Our products are purchased by factories, crushers, and other industrial companies.
- Production capacity of 10,000 MT per day and we sell at INR 2,000 per CFT to our clients.
- Status of the mine: G. O Approved by Mines & Geology Dept for a period of 5 years.
- Source of mine: 9 million MT.
- Type of the minerals: Sand Ghar and black stone.
- We are also a supplier of rom coal to power plants and steel plants.
- Promoters has 6 years of experience in the mining industry.
- The company has 2 directors with equal shareholding and has no debts or liabilities.
Products & Services Overview
We execute our business as:
1- Taking the land for lease from the government and mining sand from the riverbed.
2- Mining black stone from authorized government lease land.
Assets Overview
Tractors, 1 water tank, poklanes, and different machinery engaged in the mining.
Facilities Overview
Own head office of 200 sq ft at Jamshedpur and second rented office at Purlia of 1,700 sq ft with a monthly rent of INR 9,000/-.
Capitalization Overview
Not Disclosed
Recent Activity
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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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