Mining Machinery Company Investment Opportunity in Thane, India
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 |
- 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.
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.
Knowledge & experience of the field, and products.
The business owns the prototype which is valued at around INR 1.2 crore.
This business operates from the rented premises of a sister concern.
Presently business is being funded internally by directors.
No of stakeholders - 2 with an equal stake.
No loans, no liabilities, and no debts currently.
-
Earlier than 15 daysFounder And Business Head, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Construction, Mumbai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Engineering Services, Mumbai, Corporate Investor / Buyer connected with the Business