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We have a manufacturing unit in Mahabubnagar, AP, producing rounds, flat bars, angles etc. These products are used in construction. The unit is capable of manufacturing 20 MT of steel per day. The whole unit is on 1.5 acre of land (own). The built-up area is approximately one-fifth the total land. We serve more than 25 clients. There are 40 employees working at the unit. Turnover in the last FY was around INR 1.1 Cr. and the business currently makes an average Net Profit of INR 1.5 Lacs per month. We have been running the business since 2 years and are now looking for investors to either buy 50% or more stake of the company. We are also open for complete sell-out. Asking price for 100% sell: INR 2.5 Cr. (negotiable).
Reason
Require more money to run the unit.
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