7.2 / 10
 Balangir

Cotton ginning and pressing mill with 1 lakh quintals per year capacity and 100+ buyers.

Key Business Facts
Yearly Sales USD 4.3 million
EBIDTA Margin 10 %
Industries Natural Fabrics
Locations  Balangir
Business Overview
- Cotton ginning and pressing mill located in Odisha.
- We get the cotton from the local farmers and sell the seeds to the state of Haryana.
- Export the final product to Bangladesh and have 100+ buyers who turn the product into cotton thread.
- The total capacity of the plant is 2 lakh quintals per year but the utilized capacity is 1 lakh quintals per year.
- The plant is only operational for 6 months each year.
- Plant workers do not work for any fixed period. New labor is taken each year.
Products & Services Overview
Procurement of Kapas cotton from local farmers, ginning and pressing it. Then the fine cotton bales go for export in candy form. Cottonseed goes for oil extraction to Haryana state.
Assets Overview
The legal entity, 5.44-acres of land, a complete infrastructure of 70,000 sq. ft. godown, complete automation plant and machinery of 24 DR gin machine and 20 bales per hour pressing machine, tractor loader, hydrant system, office building, and the complete business set-up.
Full Sale
Asking Price: USD 1.2 million (Native Currency: INR 100,000,000)
Reason: The owner has other businesses as well and wants to focus on them.
Includes physical assets worth USD 1.2 million
Interested to connect with advisors
In talks with 3 Investors
Contact Business