Coating Company Investment Opportunity in Vadodara, India

- Micron-sized kaolin produced using advanced technology for size separation and delayering.

- Applications include coating and extender pigments in coated paper, paint, and ink industries.

- Also utilized as an air-impermeable facilitator in high-performance tires and as a base for catalysts.

- Nano-grade kaolin validated in laboratories for precision and quality.

- Founded and promoted by former business head of a leading company in the field in Asia, ensuring expertise and industry insight.

- Niche market focus leading to high EBITDA margins.

- Estimated commencement of operations by this year.

- Expected production capacity of 36,000 tons per annum.

- Anticipated annual revenue of over INR 70 crores.

- Properly licensed under MSME regulations and incorporated for legal compliance.

- Versatile gloss utility enhancing product performance in various applications.

- Clientele will include multinational corporations in the paint and paper sectors.

- Promoters boast 19 years of experience in the industry, ensuring competence and reliability.

- Serves as a partial substitute for titanium dioxide, offering cost-effective alternatives.

- Technical partnership with CSIR NIIST for continuous innovation and quality assurance.

Micron-sized kaolin coating which has applications in the paper, paint and other niche industries.

Assets include:

Land of 2,40,000 sq ft, plant and machinery.

The property spans an area of 2,40,000 square feet, with an initial built-up area of 1,20,000 square feet allocated for phase one. This space will accommodate banks of centrifuges, filter presses, settling tanks, a spray drier plant, storage silos, size separation and pulverizing equipment, and a packing and dispatch facility. The facility operates on LNG as its primary energy source, with a current storage capacity of 50 tons and plans in place to double this capacity as required. A long-term agreement has been secured for the supply of LNG directly to the site. Situated approximately 45 kilometers from Vadodara, the location offers convenient access to major transportation routes.

Funding for the project comprises promoter funds and a bank loan, with the loan already sanctioned and awaiting disbursement. The promoter holds a 76% stake in the venture, while the remaining ownership is distributed among family and friends. A total of INR 10.6 crores has been contributed by the promoters, supplemented by a term loan of INR 15 crores sanctioned by the bank. The ownership structure consists of two shareholders, with a split of 90% (76% held by the promoter with the rest held by the family) held by one shareholder and 10% by the other.