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Shopping Mall Investment Opportunity in Visakhapatnam, India

Seeking capital to setup a shopping mall in Vishakapatnam.
This transaction has concluded.

Established 5-10 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Shopping Malls
Locations  Visakhapatnam
Local Time 2:49 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 9.6 million for 70.0% stake (Native Currency: INR 850,000,000)
Reason: To acquire the land and build the mall.
Documents
Business Overview
- Intend to setup a shopping mall in Vishakhpatnam.
- Have already identified the land to be acquired.
- The land is estimated to cost INR 30 cr. and the development costs are expected to be INR 50 - 55 cr.
- The plot is 3,000 square yards and will be developed within 18-24 months of acquisition.
- Seeking funds to finance the acquisition of the land and cover development costs.
- The mall will be held under an existing private limited entity whose operations include R&D and robotics.
- The parent firm has INR 2.3cr. of revenue and is in the process of signing 2 large contracts with the Indian Railways.
Products & Services Overview
Shopping mall.
Facilities Overview
We still need to finalize the land.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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