Business Overview
- An SME manufacturing unit producing customized drilling rigs.
- Highly recognized and experienced founder. Director has won multiple international awards.
- Manufacturing products are used in the construction, mining, and water industries.
- Exports majorly to Africa and the Middle East.
- Business has market presence for the last 6 years.
- Have received the Best Export Award multiple times.
- Huge growth opportunity to expand to INR 400 crore in the next 5 years.
- One of the directors of the company is currently in Saudi Arabia for business reasons.
- We will hire based on requirements.
Products & Services Overview
- Drilling rig manufacturing, accessories & tools.
- Hammers and Bits.
- Drilling rigs used for soil & water investigation, piling etc.
Capitalization Overview
The business is funded by Owners/Shareholders and also operates from bank facilities of up to 7 CR availability for LCs and Over Draft Limit.
Assets Overview
3 floors of management office and workshop. Company-owned property of 2,000 sq yards with 25,000 sq ft built-up area and fully shaded workshop.
Partial Stake Sale
USD
1.1 million
for
40.0%
stake
(Native Currency: INR 90,000,000)
Reason: The funds will be used to expand operations in the global market and to clear the OD.
Includes physical assets worth
USD
1.8 million
Interested to connect with advisors
In talks with 3 Investors
Contact Business