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Profitable Mining Support Business Investment Opportunity in Kanchipuram, India

Business involved in mining services and sub-contracting work seeks investment to acquire mining leases.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales INR 3 - 4 crore
Run Rate Sales INR 3.6 crore
EBITDA Margin 30 - 40 %
Industries Mining Support
Locations  Kanchipuram
Local Time 3:11 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
INR 4 crore for 50.0% stake (Native Currency: INR 40,000,000)
Reason: We are going to expand the business by buying mining land of 10 acres. For that purchase, we require... View More
Includes physical assets worth INR 7.5 crore
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Business Overview
- Company involved in stone crushing, sand extraction, and transportation of raw materials.
- Worked with HCL for a national highway project.
SCL & IJM for a national highway project.
- Working on a project in Bangalore's Bellandur Lake (currently operating) where we are sub-contractors for the transport of the sand.
- Previously worked on the Chennai Airport Extension project (sub-contract).
- We have worked with MNCs like L&T and HCL. Also, with other reputed companies in the state like Casagrand, G Square Builders, and Alliance group.
- We are the company that applies tenders of MNCs and the State Government for contracts for crushing stone, extraction of sand, and transportation of materials on construction sites.
- Majority of our sales is through the mining support business.
- We are also third-party contractors used on different types of construction sites.
- We have a battalion of temporary manpower that can work on any project.
Products & Services Overview
Mining of rocks.
Extraction of sand.
Quarry/crusher.
Transportation of raw materials.
Government projects.
Own transportation lane.
Assets Overview
Tangible assets include 10 owned trucks and 4 excavators worth INR 3 crore, and an earth quarry worth INR 1.5 crore.
Existing Rock Quarry land purchased for INR 3 cr.
Intangible assets- Mining license and land registration.
Facilities Overview
We only work in mines and client project sites. Just one owned head office in Tambaram, Kanchipuram.
Capitalization Overview
There is one stakeholder it is a sole proprietorship with one owner with 100% ownership. The investor will be added to the board of directors.
Recent Activity
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1 Investor contacted this Business this week. 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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