Explosives Magazine Unit Raising Funds to Revive In Bhilwara
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About Business
This is an explosives storage and handling facility, set up as a licensed magazine. The unit was operational for many years and is now being planned for restart after being inactive since the lockdown period.
Location and Setup
The facility is spread over about 5 bighas of land, out of which roughly 1 bigha is constructed. The overall setup is already in place, so the business does not require major new construction to begin operations again.
Past Operations
The unit was actively running from 2001 to 2019. After that, operations were paused, but the infrastructure has been maintained and remains ready for use.
Licensing
The required licenses are in place, with provisions for renewal every five years. Based on the existing approvals, operations can be resumed, and there is also an option to increase capacity over time, subject to regulatory permissions.
Investment and Scope
Around ₹5 crore has been invested into the land and development of the facility. Since the groundwork is already done, restarting the business can be relatively straightforward. There is also scope to scale up depending on demand and approvals.
Clientele type
It will mainly cater to the domestic clients.
Premises
OWNED
Premise Size: 5 bhigha
Market Value (in INR): 10.00 Cr
The magazine spans approximately 5 bighas, with a licensed storage capacity of 50 tons.
Asking Price Includes
The terms of the transaction can be discussed with prospective investors.
Asking Price
INR 10.00 Cr
Minimum ticket size
INR 10.00 Cr
Reason
The founder is seeking an investor to restart the business operations.
Licenses
All required regulatory licenses from PESO are in place.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
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