Profitable Steel Business Investment Opportunity in Vijayawada, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | General Partnership |
Reported Sales | USD 3 million |
Run Rate Sales | USD 5.5 million |
EBITDA Margin | 30 % |
Industries | Steel |
Locations | Vijayawada |
Local Time | 11:01 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Source the raw material from 4 suppliers in Raipur and we have a strong relationship with them.
- We have a production capacity of 6,000-7,000 MT per month for the steel pipes.
- Our products are used in the furniture and construction industry, we are supplying our products to 100 clients in Andhra Pradesh and Karnataka. We plan to enter the market in Tamil Nadu and Kerala.
- The revenue reported last year was low due to the pandemic situation but now we are back on track.
- We have acquired land of 7.1 acres in Andhra Pradesh to start the manufacturing of billet which is used as a raw material in steel products, HR strip, and to expand our pipe manufacturing.
- Have identified the suppliers for raw materials with the quotation as well.
- The production capacity for the new plant for billet and HR strips will be 1 lakh MT per year.
- Currently, we are operating as a partnership but are in the process of getting incorporated as a private limited entity, the entire business and the assets will be transferred to that entity along with this investment.
- We have over 20 years of trading experience and 10 years of manufacturing experience in this industry.
Plan to start manufacturing MS billet and HR strips of various sizes.
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Earlier than 15 daysIndependent Advisor, Delhi, Financial Consultant connected with the Business
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Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysFounder And Principal Strategist, Mumbai, M&A Advisor connected with the Business