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Petroleum Product Wholesale Business Investment Opportunity in Thiruvananthapuram, India

Diesel and petrol fuel additive company which saves 20% fuel and is certified by various agencies.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Petroleum Product + 1 more
Locations  Thiruvananthapuram
Local Time 12:05 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 600 thousand for 1.0% stake (Native Currency: INR 50,000,000)
Reason: We applied and submitted our application to PCRA which will be forwarded to ICAT for testing. ICAT h... View More
Includes physical assets worth USD 2.4 million
Interested to connect with advisors
Documents
Business Overview

- Our product saves 20% fuel and reduces pollution by 30%.

- Product is tested and certified by various agencies, including the Indian Institute of Petroleum, Dehradun.

- We are prepared to transfer this product technology to any of the public sector organisations, such as ONGC, Bharath Petroleum, Indian Oil Corporation.

- We approached Indian Oil Corporation for sharing our technology and was forwarded to PCRA to receive the certificate.

- Initial meeting with Indian Oil Corporation is done and the deal would may get finalized in 6 months if everything moves smoothly.

- We have submitted our application to PCRA, once approved our application would be forwarded to ICAT for testing.

- The PCRA certificate can be presented to any of the additive consuming agency, PSU oil marketing companies as a proof of fuel savings. The certificate shall be issued by PCRA, on the basis of testing the additive in one of the three laboratories of ARAI-Pune, ICAT- Gurgaon or IIP- Dehradun.

- Trial is already done in Kerala, Karnataka and Gujarat. Government agencies have also given positive response.

- We used to sell this product in UAE, but it's stopped now since we want sell it to private companies.

- Promoter has more than 5 years of experience in this industry.

- Physical asset includes own land, factory and machinery in Bangalore.

- We would provide royalty to investors along with the stake in the company.

Products & Services Overview

Universal fuel additive, which when mixed with diesel and petrol in the prescribed proportion will yield fuel saving by 20% and atmospheric pollution reduction by 30%.

Facilities Overview

Have a rented office space in Thiruvanantapuram, Kerala and own production factory of around 10,000 sq ft in Bangalore, which is in non operational for now.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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