![[Latest] Bangur Cement Dealership -Cost, Investment & Profit](https://www.startupauthority.in/wp-content/uploads/2023/04/Bangur-Cement-Dealership.jpg)
[Latest] Bangur Cement Dealership -Cost, Investment & Profit
Bangur Cement Dealership and Bangur Power are the premium brand of Shree Cement, designed to stay with its customers always. Shree Cement introduces itself as India’s most sustainable and fastest-growing company that embraces varied perspectives, bias to action, and continuous innovation to create happiness for all its stakeholders. Shree Cement is an Indian cement manufacturer, founded in Rajasthan back in the year 1979. Now, headquartered in Kolkata, it is one of the biggest cement makers & cement dealership providers in Northern India.
Interested entrepreneurs can get in touch with the company to get its cement dealership program. It is a great opportunity as well to be a part of India’s biggest manufacturing company as it will only bring your business enough fortune to sustain in the competitive market. However, let us look at the requirements and all other necessary things before opting for the Bangur Cement franchise or dealership.
Bangur Cement Company Details
| Name of the company | Bangur Cement (premium brand of Shree cement) |
| Official website | https://www.shreecement.com/our-business#brands |
| Founded | 1979 |
| Founder | Bangur Cement (a premium brand of Shree cement) |
| Industry | Wholesale building materials |
| Headquarters | West Bengal |
| Revenue | INR 13,945 crore (2021) |
Why To Start Bangur Dealership?
Bangur Cement dealership under the guidance and leadership of Shree Cement is one of the most successful and most profitable cement businesses in India. This is one of the strongest reasons to start Bangur dealership in an ideal location so that you can start earning immediately by partnering with the company.
The company claims that they never compromise its product’s quality and only wants the best for their customers since customers are the king of a business. The company keeps in mind quality of its cement and has built thee trust among people all across the country which has bought them a strong goodwill in such a competitive market.
The cement industry is all about brute size in markets, where freight costs and non-retail sale prices can often determine the future. And, SCL has been the cost leader in the Indian cement industry for some years now. In this context, Prashant Bangur, joint managing director, SCL, emerging from his father HM Bangur’s flamboyant shadow, is expected to be one of its future engines of growth.
Since they inherited the business after a family split in 1992, the Bangurs have repeatedly revisited the kiln operation and raw material mix to find cost-saving efficiency. This has paid great dividends. The growth in terms of its numbers have been growing incredibly and it would be a great option to start Bangur dealership.
Basic Criteria For Bangur Cement Dealership
Basic criteria for Bangur Cement dealership would include some basic eligibility criteria in age, experience and knowledge and other such kinds of things. It would be a wise option to get in touch with the company personnel to know more details about the eligibility criteria since the official website do not reveal much about such information. However, you can expect the following things as a basic criterion for Bangur Cement dealership program.
- Entrepreneurs wishing to open up a Bangur cement dealership must be at least 21 years or older.
- It would be a plus point for the entrepreneurs to have the required knowledge and experience to open up a dealership.
- An investment of INR 5 lacs to INR 10 lacs could be required. This means that the candidates should be financially strong
- There is no floor area requirement to look at which is a relief for most people.
- A security deposit of INR 50,000 to INR 1,00,000 is asked by the company depending upon the place, dealer’s financial condition and such.
Bangur Cement Dealership Investment
The investment would massively depend on the location, business and the area size of the dealership. This means that if you have got your own land then the investment would be much lesser than purchasing a new land and then starting up the dealership business. However, if you are opening in a tier 1 city then your investment would be much higher than a tier 2 or tier 3 city. All these factors would determine the exact investment amount required to open up a Bangur cement dealership.
You can contact the company personnel directly to know about the exact security fee amount because it depends on the location where you wish to open the dealership. You can expect a minimum of INR 1 lac as a security fee. The dealership should have a good office inside and also have a godown. Other investments like the vehicle costs and other such things then you can expect a total investment of INR 5 lacs to INR 10 lacs.
Space Required For Bangur Cement Dealership
Bangur Cement dealerships should be at an ideal location where it is visible to the maximum number of customers. The store should be comfortable and should not be congested because it will only hamper the overall look of the store and also might hamper the goodwill of your business as well.
This is why proper designing is required so that all the required furniture and all other things are arranged properly. The office should also be at a good location in case there are important meetings conducted.
This means that the more space you have the better it will be for you and your business. In case you have excessive space then you can even start other businesses like construction and raw material business and its agency as well. Office, godown, and parking space might not be necessary but in case you are deciding to have those then it will be an advantage. However, you can expect a minimum required space to open up the Bangur dealership is 1500 sq ft to 2000 sq ft.
Bangur Cement Product Details
Products of the company include:
- Ordinary Portland Cement (OPC)
- Portland Pozzolana Cement (PPC)
- Portland Slag Cement (PSC)
Ordinary Portland Cement
OPC is a cement that refers to the hydraulic binding material ground by mixing Portland cement clinker, blended materials and appropriate amount of gypsum.
Portland Pozzolana Cement
PPC is made by mixing OPC with pozzolanic materials such as silica, volcanic ash, fly ash, pond ash, etc. PPC is believed to be the product of the future, considering it various applications in the construction industry.
Portland Slag Cement
PSC/ slag cement is a hydraulic cement formed when granulated blast furnace slag is ground to suitable fineness and is used to replace a portion of Portland cement.
Shree Cement which is the parent brand of Bangur also operates in the power sector with an installed power capacity of 300 megawatts along with captive and green power capacity of 452 megawatts. The company produces Autoclaved Aerated Concrete blocks which is a lightweight, precast building material with high insulating capacities. Bangur Cement offers high-quality PPC and OPC cement.
Documents Required to Get a Bangur Cement Dealership
- ID Proof documents (Aadhaar card, Pan Card, Voter Card)
- Address proof documents (ration card, electricity bill)
- Bank account details with Passbook
- Passport size photographs
- Email ID
- Contact number
- GST Number and Certificate
- Trade Licences
- Tax Identification Number
Bangur Cement Dealership Profits and Margin
A profit margin of INR 10 to INR 15 per bag is offered to dealership owners. Also, if you deliver products to the customer’s homes then the profit margin will be much less but it will build a strong customer base for your business which is a good thing. If you are able to offer the best services with top-quality facilities to the customers then automatically your business will start earning huge revenues every month.
How To Apply For The Bangur Cement Dealership?
Here's the complete guide about how to apply for Bangur Cement Dealership :
- Visit the official website of the company
- Once you have opened the official website then you can look for the contact details
- Contact the number provided in the contact section and inquire about its dealership program
- Since Bangur is a premium brand of Shree Cements you need to visit the official website of Shree Cements only.
- You can also connect with a local dealer who may have contacts further at the upper level of management and he might help you out during the process of the application process.
Process To Bangur Cement Dealership
Bangur Cement dealership can be inquired about by contacting the company personnel directly. To do this you would have to visit the official website of the company where you will find the necessary contact details to get in touch with. The official website also reveals the address of the office locations where you can visit and fill out an offline form and register for the dealership program.