Chennai based Oil Extraction and Refinery Business looking for Full sale / Financial Investment
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It is a running solvent extraction plant and edible oil refinery located near Chengalpattu, Chennai established in 2006 that is available for part / full sale. The business has state of art plant and machinery with all setup readily available at a very cheap price. The plant is setup in an area of 7 acres of land with building area of 6000 sq. ft. with facilities for oil solvent extraction and edible oil refinery. The plant has the capacity to provide up to 150 MT of edible oil solvent extraction and 120 MT of oil refinery. Land value is more than INR 9 Cr., plant and machineries are more than INR12 Cr. It ranges between Rs.35 to 38 crore to setup a new plant. They are looking for investment partners or for complete takeover for one time settlement with bankers of dues of Rs. 15 Cr. In addition to that they expect an additional price of INR 5 Cr, making the total asking price as INR 20 Cr.
Reason
The company wants to settle with the bankers due to NPA issues, the company seeks investments for OTS to clear the bankers dues
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₹10 to ₹200 Cr
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