Image

Eastern India based leading multifeed distillery business is up for sale.

Image

Deepak Sukhija (Whitewater Corporate Advisory)

Business Brief

The company boasts of a grain and maize based Ethanol as well as ENA facility (100% fungible) with a capacity of 300 KLPD sourced from best of the suppliers. It is part of a renowned group engaged in edible oil, ethanol & real estate businesses. 

Products & Services

Main products:
Ethanol and ENA

By-products:
Dried Distillers Grain Solid (DDGS) and CO2


Additional Information

Capacity:

Manufacturing Facility:

Robust order book of ~Rs.650 crs for current Ethanol Supply Year (ESY) Nov 2025

Government support:

Note: The owner is open for both a Minority as well as majority stake sale.

Proposal

Icon

Industry

Energy and Environmental

Icon

Sub Industry

Bio fuel

Icon

Nature of Business

B2B

Icon

Sector

Manufacturing (Contract Manufacturing)

Icon

Reason for sell-off

Strategic Realignment or Pursuing New Opportunities

Icon

Location

India

Icon

Region

Eastern

Icon

Open For Dilution

100 % (Complete Buyout)

Icon

Top Customer

Ethanol:

  • IOCL
  • BPCL
  • HPCL and
  • Reliance

ENA:

  • Trasway
  • Pernod Ricard
  • Dey Bottling
  • ABD

Icon

Deal Size

INR 975 - 1000 Cr

Icon

Justification

To be discussed post EOI

Financial Information 2024 (in Cr) 2023 (in Cr) 2022 (in Cr)
Sales 503.5 186.9 0.01
EBITDA 63.8 11.4 -0.1
PAT 22.5 -7.7 -0.27

Business Documents

Icon
Teaser

Like this deal

To send interest please follow below steps

1

Open this link Image

2

To login to your MergerDomo account, enter your login id and password. If you haven't registered yet, please register. Image

3

Click on Express Interest to send interest on the deal.