Offshore Oil Production Company Seeking Loan in Mumbai, India
Offshore and oil & gas sector service provider seeks funds to purchase a new Berge.
| Established | 10-20 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 1.75 million |
| Run Rate Sales | USD 1.4 million |
| EBITDA Margin | 22 % |
| Industries | Offshore Oil Production + 1 more |
| Locations | Mumbai |
| Local Time | 6:48 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
1.17 million
for
11.0%
annual interest,
5
years
(Native Currency: INR 100,000,000)
Reason: To purchase a new Vessel and expand offshore oil exploration.
Collateral Available: USD 0
Includes physical assets worth
USD
1.64 million
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
ROC-Verification.pdf
(74.1 KB)
Business Overview
- Mumbai based company specializing in various oil services with 3 primary fields.
1. Offshore logistics services provider especially for oil rigs and ports within a 200 km radius. Working with 10-15 rigs and we offer complete transportation services for these clients.
2. We have our own oil rig in Ahmedabad and have a contract with ONGS for 3 years.
3. Have our own vessel for offshore oil explorations with a subcontract with IOCL.
- We are keen on expanding our offshore business.
- Company has INR 1 crore OD from Yes Bank.
- Company has 2 partners who are from the same family.
- Hypothecation of the vessel can be given as collateral or can give Escrow account details.
- All our assets are fixed assets and we need a liquid asset such as cash to purchase the equipment.
- Our current monthly sales have declined due to prevailing market conditions.
1. Offshore logistics services provider especially for oil rigs and ports within a 200 km radius. Working with 10-15 rigs and we offer complete transportation services for these clients.
2. We have our own oil rig in Ahmedabad and have a contract with ONGS for 3 years.
3. Have our own vessel for offshore oil explorations with a subcontract with IOCL.
- We are keen on expanding our offshore business.
- Company has INR 1 crore OD from Yes Bank.
- Company has 2 partners who are from the same family.
- Hypothecation of the vessel can be given as collateral or can give Escrow account details.
- All our assets are fixed assets and we need a liquid asset such as cash to purchase the equipment.
- Our current monthly sales have declined due to prevailing market conditions.
Products & Services Overview
- Complete logistics services for other oil rigs.- Own oil rig operations.
- Offshore oil exploration and refining.
Assets Overview
Physical assets: A vessel valued at INR 15 crore and land valued at INR 3 crore.Intangible assets: ISO certification, CSO registration, GST registration, certificate of incorporation, and MSME registration.
Facilities Overview
1,500 sq ft of own office space at a prominent place.
Capitalization Overview
INR 1 crore OD form bank and loan from MSME scheme of Central government.
Recent Activity
-
Earlier than 15 daysCEO, Infrastructure Development, Hyderabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Mumbai, Financial Consultant connected with the Business
Tags:
Offshore Oil Production Company Seeking Loan in Mumbai, India
·Lend to Offshore Oil Production Company in Mumbai, India
·Offshore Oil Production Company Seeking Loan in Bombay
·Oil Services Company Seeking Loan in Mumbai, India
·Lend to Offshore Oil Production Company in Bombay
·Lend to Oil Services Company in Mumbai, India
·Offshore Oil Production Company Seeking Loan
·Oil Services Company Seeking Loan in Bombay
·Lend to Offshore Oil Production Company
·Lend to Oil Services Company in Bombay
·Oil Services Company Seeking Loan
·Lend to Oil Services Company
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