Rice Mill Investment Opportunity in Vidisha, India
Secure a 40% stake in a rice mill business looking to re-start operations.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 580 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Rice Mills |
| Locations | Vidisha |
| Local Time | 12:13 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
350 thousand
for
40.0%
stake
(Native Currency: INR 30,000,000)
Reason: To upgrade machinery for production efficiency. INR 2.2 crore of this investment will be used to buy...
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Includes physical assets worth
USD
152 thousand
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GST Registration Certificate
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Business Overview
- Based in Vidisha, India, this business is a rice processing and packaging company.
- Operating with a capacity of 5 tonnes per hour (TPH), the business has successfully supplied processed rice across India, demonstrating strong operational capabilities.
- The previous model involved processing rice for the government, where the company bought paddy from the government and sold processed rice back to them.
- Annual turnover of approximately INR 5 crore last year with a net profit of INR 18 lakh was achieved when operations were fully functional, indicating solid profitability potential.
- Due to changes in state government subsidy structures, operations have been paused since the company cannot absorb transportation costs from Jabalpur, 185 km away, highlighting the need for immediate investment to resume and pivot operations.
- The business owner is looking to invest in new boilers, dryers, and steam plants to diversify into the production of sella basmati rice, targeting pan-India distribution and mitigating risks associated with government dependency.
- The owner is open to offering up to 40% equity in the company.
- The business has a GST certificate.
- Operating with a capacity of 5 tonnes per hour (TPH), the business has successfully supplied processed rice across India, demonstrating strong operational capabilities.
- The previous model involved processing rice for the government, where the company bought paddy from the government and sold processed rice back to them.
- Annual turnover of approximately INR 5 crore last year with a net profit of INR 18 lakh was achieved when operations were fully functional, indicating solid profitability potential.
- Due to changes in state government subsidy structures, operations have been paused since the company cannot absorb transportation costs from Jabalpur, 185 km away, highlighting the need for immediate investment to resume and pivot operations.
- The business owner is looking to invest in new boilers, dryers, and steam plants to diversify into the production of sella basmati rice, targeting pan-India distribution and mitigating risks associated with government dependency.
- The owner is open to offering up to 40% equity in the company.
- The business has a GST certificate.
Products & Services Overview
We used to do rice processing and packaging services exclusively for government till 6 months back. The govt used to give us paddy and we gave them processed rice. So essentially we used to buy paddy at INR 3,000 per quintal and then sell back the processed rice for INR 5,000 per quintal. This has been paused now due to a change in the state government's subsidy structure and operations have been stopped now.
Assets Overview
Tangible assets include:- Land worth INR 80 lakh.
- Constructed infrastructure worth INR 50 lakh.
Facilities Overview
Total owned land of 8 bigha (216,000 sq. ft. ) near Vidisha. Of this land 4 bigha has been paved and ready for construction and we have 1 shed of 32,000 sq. ft. where we do all the processing currently.The 4 bigha land that has been readied is for the expansion which will entail installing boilers, dryers, and steam plant for processing of basmati rice.
Capitalization Overview
- We did investment of INR 4 crore from our own funds (capex and working capital)- Partnership firm with 5 partners.
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