Quick Light Charcoal Briquette MFG Raising Funds In Bhuj
About Business
The business is into manufacturing quick light charcoal briquettes that are commonly used in temples and homes for burning dhoop, loban, and other aromatic resins. The product is designed to light quickly and burn cleanly, making it suitable for devotional and daily household use.
Product Background
A sulfur-free formulation was developed to ensure cleaner combustion and reduced smoke. The earlier version of the product was tested by an independent lab, and the improved version is ready for fresh third-party testing, if required.
The product caters to a steady and traditional market segment, including pooja material suppliers, wholesalers, and retailers serving temples and households.
Past Operations
A manufacturing unit was previously operational and supplying the product. However, after a cyclone-related disruption, operations were halted and were not restarted. The know-how, formulation, and understanding of the market remain with the promoters.
Revival Plan
The intention now is to restart the business in a phased manner. The plan is to lease premises, reinstall machinery, and resume production. The focus will be on rebuilding distribution relationships and gradually scaling volumes.
Investment Proposal
The promoters are looking for a silent investor to support the revival. The structure can be designed with a profit-sharing arrangement and a clear plan for capital recovery.
The funds will be used for setting up the leased facility, machinery, and working capital to restart operations smoothly. The approach is practical and focused on reviving a previously running manufacturing activity with controlled expansion.
Clientele type
The primary target markets will be the incense segment in India and bakhoor and loban consumers across the Gulf countries.
Premises
The premises will be leased.
Asking Price Includes
The terms of the transaction will be discussed and finalized with prospective investors.
Reason
The plant was impacted by a cyclone in Gujarat in 2022 and is currently non-operational. Restarting the business will require investment in land, infrastructure, machinery, raw materials, packaging materials, and related regulatory compliance.
More Details
The promoter has independently developed the product and brings strong technical expertise, practical manufacturing experience, and a clear understanding of export and institutional market requirements.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
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