- Legal Entity : Private Limited
- Re-locatable : No
- Employees : 170
- Year of Establishment : 1998
- Current Status of Business : Running Profitable
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 .
Products & Services
The company manufactures plastic (PP/HDPE)woven bags starting with PP granules as raw material.
Competition / Market
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 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.
Reason for Sale
Promoter, a highly qualified engineer wishes to retire due to age and health reasons. No succession available as children are settled in USA
- Property Type: Owned
- Property Value: INR 8 crores
- Property Described
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.
- Land area: 4000 sq yard
- Built-Up Area: 3720 sq m
- Land area: 3160 sq yard
- Built-Up Area: 2940 sq m
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