Foundry for Sale in Palakkad, India

Established in 2006, technological upgradation with German QST in 2018, having ISO, ISI, approvals, and certifications from various institutions.

The business has a retail network in major parts of Kerala & also exports to Maldives. The majority of sales are domestic.

Our daily manufacturing capacity is 200 metric tons.

The company has a dealer network of more than 150.

The company's run rate sales have reduced due to a lack of people in top management.

The business has contract & local employees working on a part-time/ project basis.

We sell under our own brand name.

We manufacture TMT bars of sizes 8mm to 25mm.

Physical assets include plant and machinery, 3.79 acres of land with 65,000 sq feet of build-up area.

Intangible assets include the legal entity, brand, and retail sales network.

3.79 acres of land with 65,000 sq feet of build-up area. The facility is owned in the east of the city.

A loan from a government agency of INR 9.5 core, from the bank of INR 2.50 crore, from promoters INR 24 crore shareholding family business with close circle relatives. The business has 125+ almost equal shareholders.