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Ready made textile manufacturing Unit looking for Stake Sale
Tamil Nadu

Readymade and Lifestyle Garment
Asking Price 70 Cr Annual Revenue 100Cr
Sub-Category : General Year Established 2000
No. of Employees 300 Listed On 2018-06-27

Tamilnadu based textile and apparel sewing unit with latest annual turnover of Rs 50 and last three years annual turnover of more than Rs. 100 Cr. The unit is having around 2,50,000 sq ft. of land and around 180000 sq. ft. of constructed area. Company is having more than 275 Single needle and 50 double needle lockstitch machines of Zuki brand. More than 35 overclock machines besides machines for button hole, button attaching, bar track, fusing, washing, drier, extractor machines etc. with all other infrastructure and machinery to produce quality products. Company is having own go down, staff quarters for more than 200 employees, transformer, work shop, canteen area etc. Currently the company is having the turnover of around Rs. 50 Cr and due to working capital shortage the promoters are not able to run the company at full capacity. On a full utilisation basis even on current capacity anyone can achieve the turnover of more than Rs. 200 Cr. The unit is located near the textile manufacturing hub so all the required resources available in the near by area. Company is looking for stake sale Enterprise value Rs. 70 Cr.