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Oil & Gas Services Company Investment Opportunity in Kochi, India

Offshore & Onshore rig inspection, refurbishment & maintenance including Engineering and manufacturing company seeks investment.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 600 thousand
EBITDA Margin 20 - 30 %
Industries Oil Services
Locations  Kochi
Local Time 7:54 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 180 thousand for 30.0% stake (Native Currency: INR 15,000,000)
Reason: Need funds for business expansion and to take API certification and cash flow for upcoming confirmed... View More
Includes physical assets worth USD 30 thousand
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Business Overview

- Rig inspection, maintenance, servicing, and rig equipment manufacturing company.

- We have 30 clients who cater our services to.

- Have both MNC and PSU in India and abroad.

- Currently doing business with international drilling contractors.

- Also manufacture rig equipment which is made to order.

- Our sales have increased due to an increase in clientele.

- The promoter has 24 years of experience in this industry with experience doing business in India, Middle East and North America.

Products & Services Overview

We provide engineering, project management, and equipment & structural manufacturing, IRM services, to industrial, marine, offshore & onshore rig segments.

We also design, manufacture & supply pipe-handling catwalk machines, HPU, structural equipment, custom-engineered moving and handling equipment, rig leg bracing & refurbishment including other crane products for the marine industry.

Assets Overview

Tangible assets include equipment, tools, and 1 car.

Intangible assets include equipment design, goodwill, and brand value.

Facilities Overview

Office space of 3,000 sq feet and workshop of 5,000 sq ft.

Capitalization Overview

- The company has two directors with 50% shares each.

- Company overdraft facility is utilized as required.

- The company is funded by directors.

- No bank term loan.

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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