Deal No | LI-4 |
Business Domain | Light Manufacturing |
Sub-Domain | Distillery |
Geographical Location of Asset | Jammu |
Reason for Stress | Working Capital Mismanagement |
Price Range/Ticket Size | Rs. 50 Cr. |
Debt | More than Rs. 90 Cr. |
Value of Associated Real Estate | About 70 Cr. |
Details of Other Liabilities | All crystallized in price. |
Litigations | SARFAESI Action in progress. |
Additional Information | For Premium Members Only |
Ways to unlock potential | For Premium Members Only |
Exit Strategy | For Premium Members Only |
Name of Owner | For Premium Members Only |
Deals, Distillery, Jammu and Kashmir, Light Manufacturing
DISTILLERY IN JAMMU
₹50.00
It is one of the very few full Distilleries in North India. The Distillery is set up in an area of 30 kanals (Almost 4 Acres) having capacity of 15 KL.At the beginning, the distillery was manufacturing spirit from molasses, which is a by-product of sugar refining. But a few years back, New India Distilleries set up a grain spirit manufacturing plant, which manufactures spirit from grains. It is the only plant of its kind in Jammu.
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