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Textile Spinning Unit looking for Stake Sale

Textile Mills & Yarn
Asking Price 35 Cr Annual Revenue 15Cr
Sub-Category : General Year Established 2005
No. of Employees 50 Listed On 2018-06-27

Gujarat based textile spinning unit running for more than 10 years. The unit is having around 2,00,000 sq ft. of land and around 50000 sq. ft. of constructed area. Company is having more than 10000 spindles imported from Germany along with all other infrastructure and machinery to produce quality products. Company is having own go down, staff quarters, transformer, tube well , work shop, canteen area etc. Currently the company is having the turnover of Rs. 5 Cr and due to working capital shortage the promoters are not able to run the company at full capacity. Company is having ample space for expansion. On a full utilisation basis even on current capacity anyone can achieve the turnover of more than Rs. 100 Cr. The unit is located near the textile manufacturing hub so all the required resources available in the nearby area. Company is looking for stake sale Enterprise value Rs. 35 Cr.