Profitable Non Woven Textile Manufacturing Business for Sale in Odisha
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About Business
Established in the year 1984 having corporate office in Odhisa. It’s a Public Ltd company with factory with a 3.2 s PP spun bond non woven textiles plant manufacturing NW textiles for various uses, as a market leader in the Eastern India, in terms of quality and capacity. The business has high growth potential prospect & profitability. The product is being used in wide ranging applications such as packaging, upholstery, medical & hygiene, geo textiles, filtration, and agriculture field. Authorized Capital: Rs. 700.00 lakhs, Paid-up-capital: Rs.500.00 lakhs. Total capital is held by the directors in 50: 50 ratios. Total 20 employees working, There are many spun bond NW textiles manufacturers in HP & Gujrat. But no much competition for the freight advantage in Odisha and surrounding states. Last year turnover INR 1361 lacs. Owners value the tangible & intangible assets at Rs 20.00 Cr (major part of it for real estate), Price open for negotiation.
Reason
Owner Retiring
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₹10 to ₹200 Cr
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