6.6 / 10
 Jamshedpur

Mining company that engages in taking a lease of the river.

Key Business Facts
Yearly Sales USD 260 thousand
EBIDTA Margin 40 %
Industries Hard Mineral Mining
Locations  Jamshedpur
Business Overview
- Recently establishes mining company in Jamshedpur.
- Decent growth rate in the last few months.
- Our products are purchased by factories, crushers, and other industrial companies.
- Production capacity of 10,000 MT per day and we sell at INR 2,000 per CFT to our clients.
- Status of the mine: G. O Approved by Mines & Geology Dept for a period of 5 years.
- Source of mine: 9 million MT.
- Type of the minerals: Sand Ghar and black stone.
- We are also a supplier of rom coal to power plants and steel plants.
- Promoters has 6 years of experience in the mining industry.
- The company has 2 directors with equal shareholding and has no debts or liabilities.
Products & Services Overview
We execute our business as:
1- Taking the land for lease from the government and mining sand from the riverbed.
2- Mining black stone from authorized government lease land.
Assets Overview
Tractors, 1 water tank, poklanes, and different machinery engaged in the mining.
Partial Stake Sale
USD 500 thousand for 50.0% stake (Native Currency: INR 40,000,000)
Reason: Need funds to lease the mines.
Includes physical assets worth USD 60 thousand
In talks with 2 Investors
Contact Business