Ethanol-based Extraction Plant looking to raise funds

Posted On: 13 / Oct / 2023
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Deal Details

Annual

Deal Type

Equity (Fundraise)
Maximum Loan

Industry

Tobacco
Charge

Deal Status

Active

Deal Description

The Plant is situated in MP.

Below are brief points about the plant-

  1. Current Machinery is ordered for processing 400-600 Kg Bio-Mass on a daily basis.
  2. Total land area is 1804.00 Sq Mtr in MPAKVN on lease.
  3. Company already Ayush license for producing Vijaya and Vijaya Extract-based medicine.
  4. Company has a license from Excise for procurement of Bhang and food-grade ethanol.
  5. Factory is situated on Indore- Bhopal highway with great connectivity.
  6. Factory building is constructed as per GMP norms.
  7. Gram panchayat NOC for MAP is available.
  8. Company has a BAMS doctor as director and can continue with the buyer.
  9. We are signing MOU for research and trial with existing Ayurvedic colleges in MP.
  10. Cryo-Ethanol Based Extraction Method with Distillation and Filters -Technology of US-Based Company

 

Financial Brief- Till Now the company promoter has invested around 2.50 Cr from their own capital and 1.30 Cr from a bank loan and interest for construction, and machinery.

In addition to this, we would like to highlight below important aspects of plant-

  1. Company is eligible to receive a subsidy of 36 Lac from the Horticulture department and out of which 18 Lac is Received

We are looking for a 20% Stake sale of the company for 90 Lac.

Ref: Abhishek Jain

No Files Attached

Deal Value
90 Lakhs
Targeted Region
Asia Pacific

Revenue

2019-20
Undisclosed
2020-21
Undisclosed
2021-22
Undisclosed