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Coal Mining Support Company Investment Opportunity in Nagpur, India

Company specializing in underground coal-mining operations in India seeks funding to undertake INR 250cr tender.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 340 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Coal Mining Support
Locations  Nagpur
Local Time 9:35 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 1.7 million for 20.0% stake (Native Currency: INR 150,000,000)
Reason: We are in the service industry and our turnover depends on the projects we choose. Right now need in... View More
Includes physical assets worth USD 225 thousand
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Business Overview
- Company produces coal for Coal India Limited, Steel Plant, Power plant and other private.
Mining companies on a turnkey basis.
- With industrial experiences spanning several decades; the company has continuously strived to offer turnkey solutions to its clients with 100% target achievement.
- Our top projects include an INR 75 cr mining project executed over 9 years and recently an INR 10 crore project for SMS Limited.
- We are currently participating in tenders for 2 clients. Coal India and SMS Limited. We are in talks and projects are in the pipeline/ ready for our commitment. The estimated worth per tender is INR 250 crore and will be over 9 years.
- The company hires its workforce only when we have projects in hand and had a workforce of over 300 during major projects. Currently, the business does not have any active projects and the majority of the workforce has been shed.
- The company has licenses for activities of hard coal mining and construction projects and is also eligible for private coal block mining.
- One of the directors has been in the industry for more than 40 years.
Products & Services Overview
Specialize in underground mining. Also provide mining construction, installation & maintenance services.
We are in the service industry, serving Coal India and another private parties.
Assets Overview
LHD and other pneumatic and hydraulic equipment.
Facilities Overview
Right now we are using a rented space for office and other facilities. Located in the centre of Nagpur.
Capitalization Overview
It's bootstrapped, we have not taken any loans/raised funds. The company has 2 directors; that are father and son.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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