Electric Construction Company for Sale in Lucknow, India
For Sale: Profit-making electrical contractor registered as an 'A' class contractor with the MES.
This transaction has concluded.
| Established | 20-30 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | INR 1 - 2 crore |
| Run Rate Sales | INR 3 crore |
| EBITDA Margin | 20 - 30 % |
| Industries | Electric Construction |
| Locations | Lucknow |
| Local Time | 10:00 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
INR
1.9 crore
(Native Currency: INR 19,000,000)
Reason: The director wants to sell the business as he is looking to retire.
Includes physical assets worth
INR
36 lakh
Interested to connect with advisors
Documents
Company Form XI and Udyog Aadhaar
(1.1 MB)
ROC-Verification.pdf
(74.2 KB)
Business Overview
- Company involved in supply, installation, testing, and commissioning of electrical contracts.
- Engaged in contracting, we are an 'A' class electrical contractor, registered with the MES (Military Engineering Services), and U. P. Housing Board.
- We are a registered MSME.
- The company acquires projects through bids for work orders of government agencies and private players.
- We have completed projects for Cantonment Boards, UP Jal Sansthan, New Okhla Industrial Development Authority, and Kalpataru Power Installations in the past.
- More than 90% of our clients are government agencies who have to comply with government rules and regulations for making payments.
- Most of our projects are in Uttar Pradesh and we installed 300 km of cable in Nashik as well.
- Also, occasionally do projects for water supply, waste water management, and beautification work.
- Our sales decreased last year as we could not bid for lot of work orders due to Covid restrictions.
- Buyer will get the legal entity and all the physical assets owned by the business.
- The company is registered in Kanpur with its office in Lucknow.
- Engaged in contracting, we are an 'A' class electrical contractor, registered with the MES (Military Engineering Services), and U. P. Housing Board.
- We are a registered MSME.
- The company acquires projects through bids for work orders of government agencies and private players.
- We have completed projects for Cantonment Boards, UP Jal Sansthan, New Okhla Industrial Development Authority, and Kalpataru Power Installations in the past.
- More than 90% of our clients are government agencies who have to comply with government rules and regulations for making payments.
- Most of our projects are in Uttar Pradesh and we installed 300 km of cable in Nashik as well.
- Also, occasionally do projects for water supply, waste water management, and beautification work.
- Our sales decreased last year as we could not bid for lot of work orders due to Covid restrictions.
- Buyer will get the legal entity and all the physical assets owned by the business.
- The company is registered in Kanpur with its office in Lucknow.
Products & Services Overview
Supply, installation, testing, and commissioning (SITC) of electrical projects. 'A' class electrical contractor registered with MES and also registered with the U. P. Housing Development Board.
Assets Overview
Physical assets include equipment, owned office space, and a company-owned car.
Facilities Overview
Fully furnished owned office space of 410 sq. ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Electrical Contracting, Kochi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Real Estate, Kanpur, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Contractors, Pune, Corporate Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
