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Heavy Engineering Company In Chennai For Sale

Chennai, Tamil Nadu, India
Asking Price:
Over $5M (USD)
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

They manufacture Pulleys, idlers, crusher rotors, weigh feeders, kiln shells, rotary feeders, etc. They also manufacture mechanical items for cement, steel, power, mining sectors, etc.

Clientele Type :Ultratech, Tata Steel, Arcelor Mitta, l Nippon Steel, JSW, JSPL, Adani Cement, Adani Port, Adani Power, NTPC, KK Cements, Dalmia Cements, Chettinad Cements, and many more.

Premises: They have two units measuring around 90,000 sq. ft. They also have an office space of 1000 sq. ft. Unit 1 is 10,000 sq. ft. and Unit 2 is 80,000 sq. ft.

Asking Price Includes100% ownership of the company.
Reason for sale :The promoters are old age and there's no successor in the family to run the business.

Started in - 1996
Entity type - Private Limited
Operational Status - Running
Asking Price - ₹ 100 Crore
Transaction Type - Full Sale
EBITDA : 7-10%
FY 23-24 Turnover : 82 Cr.

Other Details :Their topline management comprises 4 directors. They have two production heads, a five-member sales team, 5 team members in the admin department, and 130 skilled laborers for the production line.

Property Information

Real Estate:

Lease

Location:

Chennai prime location

Premises Details:

They have two units measuring around 90,000 sq. ft. They also have an office space of 1000 sq. ft. Unit 1 is 10,000 sq. ft. and Unit 2 is 80,000 sq. ft.

Size in square feet:
90,000 sq. ft.

Business Operation

Expansion Potential:

Great potential

Reasons for selling:

The promoters are old age and there's no successor in the family to run the business.

Years established:
1996