Stone Chips Production Biz Raising Initial Funds In Kolkata
About Business
The business is a stone mining and processing project focused on the production of stone chips. It operates in Sahibganj, Jharkhand—one of India’s most established and supply-constrained regions for high-quality basalt aggregates used in infrastructure and construction. The corporate office is based in Kolkata.
This is not a greenfield venture, as significant groundwork has already been completed. The promoter has identified and secured multiple quarry opportunities, undertaken land acquisition, and aligned with the local ecosystem. A dedicated 10-acre site has also been acquired for the deployment of crushing units (2 × 350 TPH), with operational readiness targeted in the upcoming cycle.
Currently, three quarries have been acquired on lease from the government, each spanning approximately 7 acres, and are supported by an existing operational setup. The promoter plans to acquire additional quarries within the next three months to further scale production and expand the business.
Execution Model
The entire operation is managed end-to-end by the company’s team, including:
Quarry leasing and licensing
Blasting, extraction, and crushing
Sales, logistics, and distribution
Regulatory compliance and stakeholder management
Clientele type
The business caters to a diversified and high-demand client base across infrastructure, construction, and industrial sectors, ensuring consistent offtake and revenue stability.
Primary Client Segments
Infrastructure and EPC contractors executing government and private projects such as highways, railways, bridges, and urban infrastructure
Real estate developers and builders requiring bulk aggregates for residential, commercial, and township projects
Government and PSU projects under central and state infrastructure initiatives
Construction material dealers and bulk traders supplying regional markets
Secondary / High-Growth Segments
Export buyers (Bangladesh and border markets) procuring stone chips via land ports such as Mahadipur and river routes
Road contractors and asphalt plants requiring specific aggregate sizes for road construction
Railway contractors and ballast suppliers with consistent demand for track ballast and related materials
Premises
The owner has acquired 3 quarries and has his operational setup; he wants to acquire more quarries so production and business can be increased. 3 quarries have been acquired on lease from the government, 7 acres each plot, and more to be acquired within 3 months.
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Asking Price
INR 4.50 Cr
Minimum ticket size
INR 4.00 Cr
Reason
The promoter is looking to raise funds to activate multiple quarries, enhance production capacity, and capitalize on the strong demand.
Licenses
Licenses
More Details
The business has a team of 15 employees.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
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