Dormant Kattha Manufacturing Business Raising Funds In Solan
About Business
It is a kattha manufacturing business. The founder is the 6th generation in the business. Their family has been in this industry since 1920.
The business was active till March 2017, using the traditional methods for kattha production that later became unsustainable due to the entry of large-scale production players.
The founder has now received the license to manufacture kattha and has secured a piece of land with a long-term lease of INR 1.1 lakh annually and paid a security deposit of INR 10 lakhs.
They are raising funds to further establish the production facility and start production.
Clientele type
Manufacturing of kattha end user rajnigandha pan masala, kamla pasand etc
Premises
They have secured 2.5 acres of land for the production facility and have paid an INR 10 lakh security deposit and 1.1 lakh annual lease.
Asking Price Includes
The terms of the transaction will be discussed with potential investors.
Asking Price
INR 5.00 Cr
Minimum ticket size
INR 5.00 Cr
Reason
They are raising funds to establish the production facility and relaunch the business.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
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