Lucrative Chemical Manufacturing Business Looking for Investment for New Project

Listing ID: BB005427
Posted By: Third party
Last Active: 1+ year ago
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Product / Service

The highly profitable project, strong demand for end product in India. Looking for investors. The company will manufacture a commonly used organic compound using agricultural waste. This product (chemical) is widely used in multiple industries like Petroleum and derivatives, Pharma, Construction materials etc. Internationally this product is gaining significance as it is not synthetic and therefore environment-friendly. Currently, India imports this product but this can easily be made in India using the large agricultural waste. It is a very profitable business generating over 45% margin. Hardly any competition, big demand makes it a lucrative business to get into. The project is at an early stage with technological partners, OEM suppliers identified, the prototype is running. The total project cost is appx INR 18 Cr. A promoter is looking to raise INR 15 cr from investors. Exit after 5 years at a 3-4X valuation

Reason

Investment required for project set up.

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