Leading Mining Solutions Provider Raising Funds In Bangalore
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Product / Service
They specialize in mining consultation, mining operations management, mineral processing solutions, and equipment leasing and maintenance. Their offerings include sand mining with a lease in Karnataka, capable of producing up to 30,000 tons of sand per month.
Clientele type
Their notable clients include industry giants like Vedanta, JSW Steel, BCCL, MCL, Foxconn, CINDA, Hutti Gold Mines, and KSMCL.
Premises
LEASED
Lease per month (in INR): 190,000
Security Deposit (in INR): 2,000,000
Carpet Area: 4,000 sq ft
Asking Price Includes
They are seeking to raise funds at an interest rate of 15%.
Reason
The reason for raising funds is to meet the financial requirements for down payments on additional machinery purchases and working capital
Other Details
They operate from a sand mining lease in Karnataka with a production capacity of 30,000 tons per month. They also manage contracts for the excavation of 40,000 cubic meters of OB and coal every month, along with contracts for coal transportation, handling up to 100,000 tons monthly. They use advanced technology and top-tier equipment, including those sourced from leading OEMs such as Hitachi, CAT, and Tata, to maximize production. Their operations are supported by cutting-edge software like AUTO-CAD, Strayos, and MINEX, allowing for enhanced productivity and operational outcomes. With an investment, they aim to scale operations to achieve 20 million metric tonnes per annum of OB and coal handling within three months.
Business Tags
₹10 to ₹200 Cr
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