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Cement manufacturing company looking for stake sale

Manufacturing - Non- Metals
Asking Price 60 Cr Annual Revenue 45Cr
Sub-Category : Cement Year Established
No. of Employees Listed On 2017-05-06

Gujarat based Cement manufacturing Company having install capacity of 400 TPD PPC cement approx. 1.32 Lakh MT ( Considering 330 working days) having current annual turnover of approx. Rs. 45 Cr. The present capacity of company is 400 TPD for manufacture of PPC cement. The company is having sufficient land and infrastructure to raise the capacity to 1200 TPD. The company is having around 60000 Sq. mt. land out of that around 20000 sq. ft. land has been used towards infrastructure and labor colony. Company is having own Lime stone mining license however the same has been yet to be mined. Currently the lime stone is being sourced from near by market. Company is located at strategically located near national highways and raw material is available in plenty in the near by area. Company is looking for majority stake sale and/or  Strategic Investment. Enterprise Value is Rs. 60 Cr.