Bse Listed Cotton Yarn Manufacturing Company for Sale in Bangalore
Email
Phone
Google
LinkedIn
Facebook
Product / Service
Description:
The company was incorporated in the year 1991 by the promoter having rich experience of more than 50 years in the textile industry. The family business is promoted by entrepreneurs from the family that is in the business. The group has 50 to 70% shareholding is planning to exit.
Now, the promoters are planning to move abroad and are looking to exit from the company. The company is having ROC at Karnataka with Authorised Capital INR 5 Cr. and Paid-up capital INR 4.48 Cr. Last year turnover of the company was around INR 6.50 Cr. The company is listed on the Bombay Stock Exchange (BSE) since 1991.
Operations:
The company is engaged in the manufacturing of cotton yarn. The company majorly manufactures yarn in the form of hank form which is extensively used in handloom sector. The company is also engaged in cotton trade and ginning.
Location:
The spinning mill is strategically located on the cotton growing belt, which is a prominent cotton market centre in Karnataka.
Headcount:
Competent team of 70 people having N years of experience in the sector
Financials:
Turnover for FY 2016-17: INR 6.86 Cr.
Turnover for FY 2015-16: INR 7.65 Cr.
Turnover for FY 2014-15: INR 11.55 Cr.
Turnover for FY 2013-14: INR 18.13 Cr.
The asking price for the business will be discussed with suitable buy side. total 50% to 70% shareholding.
Reason
Moving abroad
Keywords
Business Tags
Professional Business Valuation Services
How much is your business worth?
Get a Detailed Valuation Report within 21 Days and know the true value of your business.
Get Detailed ValuationYou may also like
Verified
{{listing.title}}
Frequently Asked Questions
How to contact a business opportunity?
Click on CONTACT BUSINESS button on the business opportunity page to get
connected. This allows you to gain access to contact details of opportunity
in exchange with your details.
Please note, getting contact detail of a business is called an introduction
and each membership plan has different introduction credits. If you do not
have any introduction credit in your account, you can neither connect nor
get the contact details of that business opportunity.
How does IndiaBiz verify the business information?
Business opportunity is either posted by the business owner or advisor.
After which, our team checks the information for completeness, language and
accuracy. Once the basic checks are met; only then the opportunity is
published.
We also get users feedback for the opportunities they contact and based on
their feedback, the opportunity maybe put on HOLD till further
clarification. Many opportunities are not published when it does not pass
through our internal procedure checks.
We sincerely request you to carry out complete due diligence before taking
the transaction ahead. In addition, the contact details of the business are
verified via phone / email.
What support can I expect from IndiaBiz?
Based on your membership plan you can get email/ phone/ online support
for communication with the other side, account queries, etc.
If you are looking for a specific type of business opportunity - our
Assisted Buying services can be useful.
Our Advisory team also provides support related to business valuation,
business plan documents, franchise expansion plan at a fee. Contact sales
team for more details on your requirements.
Click here to see how it works
