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Steel Company for Sale in Bokaro Steel City, India

Newly established manufacturing unit of steel bars and rods in Jharkhand for sale.
This transaction has concluded.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Steel
Locations  Bokaro Steel City
Local Time 4:28 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.76 million (Native Currency: INR 150,000,000)
Reason: We are looking for a full sale due to lack of working capital.
Includes physical assets worth USD 1.76 million
Interested to connect with advisors
Documents
Business Overview
- The company has started its operations in the previous year and deals in manufacturing steel rods and bars.
- Our annual manufacturing capacity is 28,800 units.
- Majority of our customers are in Bihar and Jharkhand.
- We have a 3-year valid pollution clearance and a 10-year factory license.
- This is a family-owned business with 3 owners having an equal stake.
- Company has taken a loan previously and the outstanding amount is INR 4 crore which will be replayed by us.
- The plant has been shut down since last December a=due to working capital issue hence we have not generated any revenue.
Products & Services Overview
We manufacture steel rods and bars from 8MM to 25MM.
Assets Overview
Physical assets include 3.41-acre land which is owned by the company, with a complete 10 feet boundary, wall, and complete manufacturing unit of bars with rolls.
Facilities Overview
Own land with an area of 3.41 acres and a built-up area of more than 60,000 sq ft.
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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