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Mining Machinery Company Investment Opportunity in Thane, India

Business into manufacturing, and distribution of explosive blast free mining rock excavation solutions, seeks investment.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mining Machinery
Locations  Thane
Local Time 5:52 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 70 thousand for 50.0% stake (Native Currency: INR 6,000,000)
Reason: Require working capital for setting up the assembly set-up, product promotion, sales & support. We ... View More
Includes physical assets worth USD 140 thousand
Interested to connect with advisors
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Business Name
Not disclosed
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Documents
Product Brochure
Pitch Deck
Business Overview

- Engineering company with a hard rock mining/extraction attachment to use as an alternative when blasting is restricted/resisted.

- The development work has been completed and a prototype has also been tested.

- The technology has been developed completely in-house over the last 5 years.

- The component manufacturing will be outsourced and we will only assemble, test, sell, and provide support for the finished product.

- Sales & manufacturing operations to be developed to cater to a ready and exponentially growing market.

- No loans in the name of the company.

- The company is led by 2 directors who are equal shareholders in this company.

- The company directors also own and operate another 11-year-old company in the same industry. They have set up this new entity to enjoy the benefits of schemes like Start-up India.

- The investor will get a 40% stake in this business.

Products & Services Overview

1. Proprietary rock miner tool that can be used for hard rock mining as alternative to explosive blasting when it is restricted, banned, and costly.

2. Only effective solution with reference to cost, production, safety, etc.

3. We also offer mining mobility solutions and demolition machines.

Assets Overview

Knowledge & experience of the field, and products.

The business owns the prototype which is valued at around INR 1.2 crore.

Facilities Overview

This business operates from the rented premises of a sister concern.

Capitalization Overview

Presently business is being funded internally by directors.

No of stakeholders - 2 with an equal stake.

No loans, no liabilities, and no debts currently.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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