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Looking for investors in Iron Casting Foundry

Proposal Number : 1145472       Find investors
Date Date of Registration : Sep 05, 2014
Date of Revision : Aug 16, 2017
Country / AreaPunjab, India 
Proposal Category 2201 Iron or steel structures, tanks, cables, wires, chains, etc.
2601 Agricultural machines and parts of such
2606 Construction and mining machinery and parts of such
Target Country / Area All Countries / Areas



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Detail Description

Looking for investors in Iron Casting Foundry

We are looking for Strategic investors in Iron Casting Foundry.

*Project plan
We are manufacturing cast iron and ductile iron components for OEMs in Tractor, Engineering, Construction Equipment, Agriculture industries.

Projected Sales:
2017-18: Production 8000MT; Sales 7.2 M USD
2018-19: Production 10000MT; Sales 9.21 M USD
2019-20: Production 12000MT; Sales 11.1 M USD

The existing infrastructure is capable to produce 14,400 MT of castings annually.
Expansion in foundry in 2018-19 with addition of No-Bake sand molding line and cupola furnace for duplexing. Sales from that line will be expected in addition to mentioned above:
2019-20: 2.0 million USD
2020-21: 3.5 million USD
2021-22: 4.0 million USD

*Investment breakdown
-Machinery for machine shop: USD 0.5 M (QI/2018-19)
-No bake Line: USD 0.85 M (QII/2018-19)

*Investor/Investee Relationship
Strategical Investment.
Sharing of Technology, Customers, Monetary Funds

*Our responsibility
I am the director of the company along with my Father. We are responsible for each and every activity. JV process will be supervised by me only. Although specific tasks will be delegated to the team later on.

*Investor's responsibility
We are preferring a foundry/machine shop to invest and form a JV with us.
We can give a controlling stake and add them as additional directors and Chief Operating officers.
Technology transfer is also one of the attraction for us to form a JV with a Japanese/European/American company.

*Investment Scale, ROI
Investment : 3 - 8 million dollars in a span of 0.5-2 years
ROI : 20-30 percent.
EBIDTA Targeted at 1000 MT production per month: 17%
Capacities are under-utilized right now, and still we are managing profits.
Full utilization is expected to yield handsome returns to the investors.
Profit sharing will solely depend on stake in the business.

Investment Amount US$ 5,000,000
User Info
Proposals Registered by this Corporation and User    (2 total matches)

Looking for Sales Representative for Iron Castings

Look for sales agent/representative

Punjab, India

Sep 05, 2014 RegistrationOct 11, 2014 Revision

Total Sum of CONTACT Received : 3

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