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Oil & Gas Drilling Company Investment Opportunity in Mumbai, India

Oil and gas consultancy provider having 2 clients, seeking funds for working capital.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 140 thousand
EBITDA Margin 20 %
Industries Oil & Gas Drilling + 1 more
Locations  Mumbai
Local Time 10:03 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 2.3 million for 15.0% stake (Native Currency: INR 200,000,000)
Reason: We have 3-4 projects from new clients and are seeking funds to buy our own equipment & machinery and... View More
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Business Overview
- Company provides Oil & Gas consultancy services such as planning, designing, and execution of drilling projects.
- Have 2 clients including an MNC and a domestic client.
- We are currently working on our first project which would bring in total revenue of INR 4-5 crore. Also, have ongoing discussions to initiate 3-4 new projects.
- Each project is worth INR 5 crore and the average completion duration is 3 years.
- We are seeking funds to buy our own equipment and machinery and for working capital.
- Business was established last year but began operations this year only.
- Business does not have any physical assets.
Products & Services Overview
Directional well planning, execution, setting up of real-time operation centre (RTOC) for existing work, procuring equipment from 3rd party, and consultancy services.
Facilities Overview
We have a small rented office of about 600 sq ft.
Capitalization Overview
Not Disclosed
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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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