1. Businesses
  2. Manufacturing
  3. Chhattisgarh
  4. Durg
  5. SL030489
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Upcoming Mild Steel Pipes Manufacturer Raising Funds In Durg

Listing ID: SL030489
Posted By: Owner
Last Active: 1 day ago
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About Business

- The business is a newly established mild steel pipes and tubes manufacturing unit with a planned production capacity of 72,000 tons per annum.
- The manufacturing facility includes four tube mill units with manual cut-to-length machines, capable of producing 8–10 pipes/tubes (2.5mm–4mm thickness) per minute.
- The plant is situated on long-term industrial lease land measuring 3,200 sqm, featuring a 1,300 sqm shed that houses the core production setup.
- The facility is built to meet the growing demand for mild steel pipes and tubes in construction, infrastructure, and industrial sectors across India.

Products & Services Overview:
The top-selling product/service will include mild steel pipes and tubes designed for construction, infrastructure, and industrial applications, offering high strength and consistent quality.

Assets Overview:
Tangible assets owned by the business include:
- Established plant and land valued at INR 2 crore.
- Factory infrastructure, raw materials, and machinery worth INR 5 crore.
Due to the urgency to commence operations, the owners are offering investment at a discounted valuation of INR 4 crore.
Capitalisation Overview:
- The business is backed by Bank of India with credit facilities that include a term loan of INR 5 crore (excluding a 30.04% margin) and a cash credit limit of INR 2.25 crore (excluding a margin of INR 75 lakhs).

Clientele type

They will supply to hardware stores and super-stockists.

Premises

The premises are leased.

Asking Price Includes

The founder is open to provide upto 49% equity in the business.

Asking Price

INR 2.00 Cr

Minimum ticket size

INR 75.00 L

Reason

One of the partners is moving out of India, and they have pulled out their funding.

More Details

The founder has been in this industry since 2012, started as a trading business, and now they are looking to manufacture the products as well.

Keywords

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Business Tags

Upcoming Mild Steel Pipes Manufacturer Raising Funds In Durg

Fundraising for ₹10 Cr – 500 Cr

Confidential Process Completed in 120 Days

Strategic Preparation, Aligned Investor Outreach and Seamless Closure

Supported by Advisors with 26+ Years of Experience

Contact IBGrid Team

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