Steel Company for Sale in Ghaziabad, India
For sale: Well-established, non operational company that is engaged in manufacturing of steel products.
This transaction has concluded.
| Established | 30-40 year(s) |
| Employees | < 2 |
| Legal Entity | Public Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Steel |
| Locations | Ghaziabad |
| Local Time | 1:22 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
22.3 million
(Native Currency: INR 2,000,000,000)
Reason: The promoter is relocating to another city.
Includes physical assets worth
USD
20 million
Interested to connect with advisors
Documents
ROC-Verification.pdf
(75.2 KB)
Business Overview
- Well established business in the steel industry that has not been operational since 2016, due to financial issues.
- Manufacturers of steel TMT bars, the business used to produce at the capacity of 840 tons per day.
- Our clients were builders, contractors, and government, we have served more than 5 lakh customers in the past.
- Also, the suppliers of steels parts of plant and machinery, we had tied up with 1,000+ dealers in Faridabad who supplied the parts to us.
- The business is registered in Delhi, but we have our operating from our facility located in Ghaziabad.
- Currently, the business does not have any employees on payroll but used to operate with 50 employees for the operations.
- Manufacturers of steel TMT bars, the business used to produce at the capacity of 840 tons per day.
- Our clients were builders, contractors, and government, we have served more than 5 lakh customers in the past.
- Also, the suppliers of steels parts of plant and machinery, we had tied up with 1,000+ dealers in Faridabad who supplied the parts to us.
- The business is registered in Delhi, but we have our operating from our facility located in Ghaziabad.
- Currently, the business does not have any employees on payroll but used to operate with 50 employees for the operations.
Products & Services Overview
Steel TMT bars, steel rods, steel sheets, and steel plant and machinery parts.
Assets Overview
Land of 21 acres, complete set up of plant and machinery which are in a running condition.
Facilities Overview
Facility built on 21 acres of land in Ghaziabad. The land is owned by the business.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysDirector, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysCEO, Engineering & Electrical Manufacturing, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
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