Pyrolysis Plant Raising Funds In Mumbai
About Business
It is a pyrolysis plant that makes oil from plastic waste. The firm currently produces 20,000 liters per month and aims to produce 1,50,000 liters per month of which a multinational company has committed via LOI to buy 1,00,000 liters per month from the factory, and they have standing orders from local dealers for another 50,000 liters.
Clientele type
The current order for 100000 Liters Per Month is from a Top Global Commodity Trading Co. from Singapore. Other clients are local.
Premises
LEASED
Lease per month (in INR): 50.00 K
Security Deposit (in INR): 10.00 L
Carpet Area: 40,000 sq ft
Land, Building, Factory, and Equipment are already in place and have been producing 20,000 Liters Per Month for the last year.
Asking Price Includes
10% Equity for Four Crores and Fifty Lacs The terms of the transaction will be discussed with suitable investors.
Asking Price
INR 4.50 Cr
Minimum ticket size
INR 1.00 Cr
Reason
They are raising funds to increase the production capacity.
Licenses
Industrial Licence and Udyog Aadhar.
More Details
The core team is a Father / Daughter Team where the Daughter is the CEO and the Father is the CTO. Both Father and Daughter have the business acumen and technical background and have independently set up the business, including setting up the equipment and also designing a vertical reactor for which a patent is applied for.
Keywords
Business Tags
₹10 to ₹200 Cr
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