Bse Listed Cotton Yarn Manufacturing Company for Sale in Bangalore

Listing ID: SL004090
Posted By: Owner
Last Active: 1+ year ago
Verified User Information
emailEmail
phonePhone
googleGoogle
linkedinLinkedIn
facebookFacebook

About Business

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

Business Tags

bse cotton ginning Good Location handloom hank Large customer base listed MANUFACTURING spinning textlie Very Good Reputation yarn

₹10 to ₹200 Cr

Complete Investment Banking Solution in 120 Days

Seamless Fundraising/M&A transactions

Start your growth journey with our 25+ Years of Experienced Professional Team.

Contact IBGrid Team

You may also like

Ask Us Anything

To connect with the owner of this Bse Listed Cotton Yarn Manufacturing Company for Sale in Bangalore:
  • Register on IndiaBizForSale platform
  • Click on the “Contact Business” button on the business detailed page
  • Connect with the business owner directly
Note: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
Before buying a Bse Listed Cotton Yarn Manufacturing Company for Sale in Bangalore, check:
  • Growth prospects of the industry and business
  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
  • Will the clients continue with the business after the acquisition?

The business opportunity is posted either by the business owner or advisor. After that, 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 may be 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.

IndiaBiz offers:
  • Direct connection with owners
  • Advisory services like valuation, end to end deal management
  • Business preparation like preparing Information Memorandum, Pitch deck, etc.
If you have any queries or need help, our team is here for you. You can email us at [email protected].
Yes. Once connected, you can negotiate:
  • Deal structure (cash, equity, mix)
  • Transition timeline
  • Support during handover
  • Final consideration based on due diligence

As a seller, you are not allowed to contact another seller.

You cannot contact the seller as the Business Listing is On Hold

Error Occured

You cannot contact the seller as the Business is not available Anymore.

You cannot contact the seller as the Business is Sold.

Your mobile number is verified.
Your message will be sent after you have listed
your Buying requirements (takes 2-3 minutes).
Press Next.

Your message will be sent only after you have
verified your email-id. Please check your email.
Press Next.