Overview
An established Pink Granite Mining operation in Karnataka, commenced in 2018, is available for outright sale or strategic joint venture. The mine has remained non-operational for approximately the last three years, presenting an opportunity for investors or mining companies to restart operations and develop the asset. The mine is spread across 5 acres of land leased from the Government of Karnataka for 50 years. It holds the necessary statutory approvals, including Environmental Clearance (EC), Forest Clearance, and government approval for excavation up to 1,000 feet. Excavation undertaken to date is approximately 30 sq. ft., representing the initial stage of mining activity. The Pink Granite has established market potential, with demand from international markets including Vietnam and China. The opportunity requires an estimated ₹30 Crore investment for development and operationalization. Equity participation is negotiable based on the proposed structure. The owner is also open to an outright sale, with an asking price of ₹120 Crore.
Owned Mining Granite & Marble Mining
Business Details
2018
Year of Establishment
N.A
No. of Employees
Running
Current Status of Business
NoBusiness Relocatable
Financial
Purpose of Joint Venture
Active
Role of New Partner
OwnedProperty Type
N.A Property Value
Commercial
Property Classification
Describe Property
N.A
Proposed Deal Structure
N.A
Competition / Market
high
Products & Services
Pink Granite Mines and Minerals.
Growth Potential
very high
Financial Details
EBITDA :-
N.A
PAT :-
N.A
Debt :-
N.A
How the Acquisition Process Works
- 01Share Your RequirementsDefine your acquisition goals and preferences.
- 02Explore OpportunitiesReview curated businesses matching your criteria.
- 03Evaluate & ValueAnalyse financials, potential, and valuation.
- 04Due DiligenceVerify business, legal, and financial aspects.
- 05Complete AcquisitionNegotiate, close, and take ownership.