8.1 / 10
 Shimoga

Company manufacturing steel castings with a monthly production capacity of 180 tonnes seek investment.

Key Business Facts
Yearly Sales USD 1 million
EBIDTA Margin 10 %
Industries Foundries
Locations  Shimoga
Business Overview
- We are a steel casting manufacturing company established in Shimoga.
- Our products are used in the railway, army, and defense sectors.
- One of our main clients is BEML.
- We can manufacture 180 tonnes on a monthly basis.
- As of now the company has 1 director with a 100% stake in the business.
- Business has an outstanding bank loan of INR 1.5 crore.
Products & Services Overview
We manufacture steel castings valves used in engineering processes, hydraulics, and automobile parts.
Assets Overview
Physical assets include 10-12 manufacturing machines, factory setup, and owned land with an area of 44,000 sq ft.
Partial Stake Sale
USD 600 thousand for 30.0% stake (Native Currency: INR 50,000,000)
Reason: Funds are required for business development, increasing production capacity, and working capital req... View More
Includes physical assets worth USD 840 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business