Updated - 01-04-2024
Una, Himachal Pradesh, India
Manufacturing
Asking Price
15 Crs
Category
Manufacturing
Turnover
40 Crs
Sub Category
Paper & Packaging
Legal Entity
Private Limited
Business Listed By
Business Owner
The Company manufactures plastic (PP/HDPE)woven bags starting with PP granules as raw material. Process involves tape manufacturing, weaving into circular/tubular fabric, auto roll printing, cutting, stitching and baling. The Capacity of the plant is 4000mt/ per annum. There are 2 Units adjacent to each other and 2 Tape Lines Installed of Lohia. The sale of finished goods is to the Cement Industry, Sugar Industry and other allied industries which use these bags. The Units are running below capacity and with existing Infrastructure the units can easily do a turnover of Rs 75 crs per annum. While the Tape line is 5 years old, however the balance machinery and looms have been upgraded last year and this has enhanced capacity and value Additions
Year of Establishment
1998
No. of Employees
170
Current Status of Business
Running Profitable
Business Relocatable
No
Property Type
Owned
Property Value
8 Crs
Property Classification
N.A
Unit 1 : High Roof factory sheds with AC sheets : 20,500 sq. ft. With low height AC sheets roof (for finishing section) : 6,000 sq. ft. RCC Building : 9,400 sq. ft. Total : 35,900 sq. ft. Unit 2 : High Roof factory sheds with coated GI sheets : 16,500 sq. ft. RCC Building : 8,500 sq. ft. Total : 25,000 sq. ft.
Like most other businesses there is a competition in this business too.We have faced it for 25 years and are growing. Expansion and modernization will improve its competitiveness.Has been a supplier to ACC for cement bags for almost 20 years. Ambuja cement and RIL are other reputed customers. Cement companies in J&K are our customers and a high revenue source and logistically we are the best placed for this.
The company manufactures plastic (PP/HDPE)woven bags starting with PP granules as raw material.
The company plans to soon enter into powder milk as well as BOPP reverse laminated bags for which most manufacturing equipment is already available.Offers good growth potential along with cement bags, which is our mainstay market.
EBITDA N.A
PAT N.A
Debt N.A
Promoter, a highly qualified engineer wishes to retire due to age and health reasons. No succession available as children are settled in USA
Teaser/Information Memorandum
Valuation Report
Financials
