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#Business ID: 38668

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Heavy Engineering Manufacturing Company in Chennai, India For Sale

Business Location: Chennai, Tamil Nadu, India

Asking Price: INR 1,000,000,000 Revenue: INR 820,000,000 Cash Flow: INR 5m & above

[Furniture / Fixtures included]
[Real Estate Included]

Business Summary

*Profit making Heavy Engineering Company for sale*
Location - Chennai
Started in - 1996
Entity type - Private Limited
Operational Status - Running
Transaction Type - Full Sale
EBITDA : 7-10%
FY 23-24 Turnover : Rs. 82 Cr.

Details :
They manufacture Pulleys, idlers, crusher rotors, weigh feeders, kiln shells,
rotary feeders, etc. They also manufacture mechanical items for cement, steel, power, mining sectors, etc.

Clientele Type :
Ultratech, Tata Steel, Arcelor Mitta,l Nippon Steel, JSW, JSPL, Adani Cement, Adani Port, Adani Power, NTPC, KK Cements, Dalmia Cements, Chettinad Cements, and many more.

Premises:
They have two units measuring around 90,000 sq. ft. They also have an office space of 1000 sq. ft. Unit 1 is 10,000 sq. ft. and Unit 2 is 80,000 sq. ft.

Reason for sale :
The promoters are old age and there's no successor in the family to run the business.

Other Details :
Their topline management comprises 4 directors. They have two production heads, a five-member sales team, 5 team members in the admin department, and 130 skilled laborers for the production line.

Asking Price - Rs. 100 Crore
Success fee of 2% applicable

Asking Price Includes
100% ownership of the company.

Property Details

Property Type:

Real

Real Estate Value:

INR 200,000,000

Other Business Details

Miscellaneous Details

Reason For Selling:

Succession issues

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