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Listing Id: 1610 Last Refreshed: 07/05/2019 7399 Views

70% Equity Available Of The Company

Expired
Asking Price &gt; <span class='currency'>₹</span>5M
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
₹10K - 20K
Gross Profit
₹10K - 20K
Net Profit
₹20K - 50K
Monthly Rentalt
₹0

Business Operations & Assets

Staff
3 Employee
Year of Incorporation
1992
Owner Role
Full Time

Business Details

Reason For Sale

Succession issue - promoters age 77 years

Description

Promoter holding of 70%  of issued is availablefor transfer. The Indian company is having 90 hectares land for herbal plantation and herbal extractmanufacturing unit using Super Critical Fluid Extraction technology of Flavex Naturextrakte GmbH Germany. The company owns 223 acres (90.3 hectare) land 25 KM from Pune city of Maharashtra (India) on west side of Pune, purchased under BTAL act sec 63 1A(ii) after obtaining the permission of Development Commissioner of Industries (DIC)  Mumbai, for plantation of Ayurvedic medicinal trees. The land has over 300000 medicinal plants of about 60 different types. The land permission is also covered under section 44A of MLRC 1966.  The land is on the hill slopes of Sahyadriat about 100 m above local  village level, excellent for various  applications covered under the referred sections of BTAL act / MLRC 1966 sec 44A. Thus the land can also be used for various  other applications like tourism,  development of  special townships,  hill station, villas, bungalows, row houses, resorts & related activities etc. 


Buyer Support & Terms

Support and Training

possible

Background & Skills

depends on application of property
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