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Engineering, Procurement & Construction Company Investment Opportunity in Mumbai, India

Promoter's 70% stake in a Public Limited company that executes engineering technology projects across India.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 100 - 500
Legal Entity Public Limited Company
Reported Sales USD 55 million
Run Rate Sales USD 48 million
EBITDA Margin 10 %
Industries Engineering, Procurement & Construction
Locations  Mumbai
Local Time 5:27 AM America / Chicago
Listed By Management Member
Status Active
Overall Rating
Seeking Investment
USD 10 million for 70.0% stake (Native Currency: USD 10,000,000)
Reason: Owner is retiring due to age and ill health.
Includes physical assets worth USD 6 million
Interested to connect with advisors
Documents
Business Overview

- We are an engineering & construction firm that specializes in custom-engineered air pollution protection, sustainable power, infrastructural facilities, and plant maintenance solutions projects.

- Serve clients across India in a broad array of industries, including chemical, refineries, concretes, power, steel, mining, and infrastructure.

- Company subcontracts all equipment fabrication and hires subcontractors to execute the erection. It has qualified engineers to manage and execute projects with low overhead.

- Our clients include NALCO, Hindalco, Reliance, Adani, BHEL, NTPC, SAIL, Vedanta and more.

- Company is listed on BSE and NSE and has annual revenue of INR 370 crore.

- Great growth opportunity in an emerging technology sector with potential to double or triple the annual turnover due to emerging new business opportunities in FGD sector. This would require increased credit line and larger working capital.

- Promoter wishes to retire due to ill health and wants to sell his 70% stake.

- Company is qualified to bid on large technology industrial and utility projects which have barrier to entry due to technical qualifications. These projects range from INR 20-100 crore in value per project. The new growth opportunity is in energy sector where each project size is in the range of 100-500 crore with gross margins of approx. 25-30%.

- Run rate sales have dropped due to Covid-19 restrictions.

- Profile is handled by a management member who is currently in US to handle some of the company's overseas operations.

Products & Services Overview

Company provides engineered solutions and custom supplies equipment and flue-gas desulfurization systems primarily for industrial and utility clients in India.

Assets Overview

We own land, building, equipment and other assets required for the business.

Facilities Overview

Company has an owned office facility of 30,000 square feet spread across 3 floors.

Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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