Gopala Rao
Vijayawada, AP (IND)
Role(s):
Other
Sakunthala Industries
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Startup
Location:
Vijayawada
Industry:
Other
Year Founded:
2015
Number Employees:
10-50 people
Business Stage:
Growth (profitable)
Entity Type:
Incorporated Outside United States
Description:
WHO certified pharmaceutical company in India with consistent track record, profitable, quality infrastructure having tablet, capsule, liquid, ointment and newly built nutraceuticals, ayurvedic sections. Company is doing job work / LL/ Third party work for companies like Abbott, Cipla, Biocon, Intas and many other reputed companies.
Company is now aggressively working towards export market and has already established distributors in Sri Lanka, Kenya, Nigeria, Tanzania, Congo, Malawi, Ghana, and many other countries are in pipeline for own exports. Company has several product dossiers ready and already filed in major markets.
Plant can be upgraded to PICs, UKMHRA standards with minimum expense. Even with current WHO certifications it can serve most of African & Asian markets.(Phone # removed)3
The asking price is Rs. 20 Crore ( 2.97 Million USD) which is negotiable. Location is Baddi in Himachal Pradesh, plant is located on main highway. If interested contact immediately. Plant has secured loan of Rs. 7.0 Crore ( 1.0) Million USD), hence you can acquire this company with cash flow of Rs. 15-16 Crore (2.3 Million USD) . After acquisition you can immediately build on its exports potential and serve African Market while retaining major companies of India for job work for regular plant income. The plant is already generating net profit of approx. 2.5 Crore ( 372362 USD), hence it is profitable for new buyers from day one and since from this year export business will pickup in a big way as basic ground work and marketing infrastructure is already in place, net profit will increase further. Company is already registered/about to complete product and plant registration in 6-7 African and SE Asian countries and Sri Lanka.
Regards