Sold

Products/Service

One of the leading paper manufacturing units in Thrissur, Kerala, 2.5 Kms from NH 47, near Ernakulum is available for sale. The unit is spread on 20 acres (2000 cents) of land. The mill was operational from 1997 till October 2014. The unit has 3 machines (12-16 years old): Kraft Paper, Board and Writing & Painting. The mill manufactured recycled papers and supplied the products to Chennai, Kerala and Bangalore and exported to Dubai and Sri Lanka. Plant capacity: 150 MTPD. Raw materials are easily available, mainly from agencies collecting waste from municipalities. It is a highly profitable business with revenue of around Rs. 3 Crores per month (3 years back when operational). The business served 300+ customers, majorly from packaging industries. HNL is one of the biggest clients. Asking price: Rs. 70-80 Crores (includes land worth Rs. 50 Cr. and building, machinery (Rs. 12-15 Cr. for each machine), etc.

Reason

Working Capital Crisis.

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