↩ Go Back
Need help?

Textiles Wholesale Company for Sale in New Delhi, India

A listed shell company with nil assets and liability for acquisition.
This transaction has concluded.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees < 2
Legal Entity Public Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Textiles Wholesale + 1 more
Locations  New Delhi
Local Time 10:05 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 24 thousand (Native Currency: INR 2,000,000)
Reason: The court has directed to sale of the company under the Indian Insolvency and Bankruptcy Code, 2016.
Documents
Business Overview

- Inoperative textile business based in Delhi.

- The business operations have been suspended for the past 2 years.

- It is listed on the Metropolitan Stock Exchange of India.

- There are no debts or liabilities that will be passed on to the new buyer by virtue of the Court Order.

- 100 % shareholding will be transferred and the same later on can be reduced as per SEBI norms.

- The acquisition will also get approved from the NCLT court thereby no previous non-compliance or dues will be passed on to the new acquirer.

- The new object clause in the MOA can be made to suit the buyer's need.

- Can be easily taken to BSE/NSE by doing some formalities.

Products & Services Overview

Dealing in wholesale of textile. The business operations have been suspended for the past 2 years.

Assets Overview

No assets. 100 % shareholding will be transferred.

Facilities Overview

There is no facility available for the business.

Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
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.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more