Need help?

Oil Services Business Equity Stake For Sale in Chennai, India

Partial stake sale opportunity in a Chennai-based oil services firm with quality cleaning products.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 65 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Oil Services
Locations  Chennai
Local Time 8:43 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 54 thousand for 50.0% stake (Native Currency: INR 5,000,000)
Reason: Looking for a partner to restart the business.
Includes physical assets worth USD 86 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Based in Chennai, our business specialized in cleaning products for the oil and gas industry.
- We manufactured high-quality surfactants, solvents, acids, and gel systems specifically designed to clean the inner surfaces of pipelines.
- Our products help tackle tough issues like hydrocarbons, scale, paraffin, and black powder.
- We had a solid client base, including big names like Indian Oil Corporation, Reliance Industries, and the Adani Group, along with various international corporations.
- We operated on an order and contract basis, allowing us to meet specific customer needs.
- Our MSME certification reflects our commitment to the industry and small business standards.
- Currently, we are non-operational but are seeking partners to help us restart and grow the business.
- There’s a great opportunity to tap into the oil and gas cleaning market with innovative products and a solid customer track record.
Products & Services Overview
We manufactured high-quality surfactants, solvents, acids, and gel systems specifically designed to clean the inner surfaces of pipelines.
Assets Overview
Tangible assets:
- Manufacturing machines 70 lakh.
- Tools and equipment worth INR 10 lakh.
Facilities Overview
The business operates from a 1000 sq ft leased facility in Chennai.
Capitalization Overview
- Sole owner.
- No loans oe debts.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
19 Investors viewed this Business this week. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more

    Chat with Us
    Welcome to SMERGERS