Petroleum Product Wholesale Company Investment Opportunity in Chennai, India

Investment Opportunity In A Company Engaged In The Distribution Of Engine Oil & Fabrication Work.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 440 thousand
EBITDA Margin
15 %
Industries
Locations
Local Time
10:00 PM Chennai
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 30 thousand for 28.0% stake (Native Currency: INR 2,000,000)
Reason: To execute projects that we already have in our books. We are willing to dilute up to 49% and lookin... View More
Includes physical assets worth USD 300 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
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Business Overview

We started operations in December 2013. In the last 4 months of previous FY, we did a revenue of Rs. 45 Lakh. In the first 7 months of this FY, we have already done Rs. 1.37 CR. For the full year we will do close to Rs. 3 CR. For the next FY, we are targetting a revenue of Rs. 8 CR. Our operating margins are between 15-18. The loan of Rs. 28 Lakh is taken as a cash credit facility from a public sector bank for our working capital requirement. We operate under 2 verticals namely Trading & Fabrication.

Trading - We are distributors of lubricants, engine oil of a major global brand. This global major has many approvals from OEMs and their Chennai office co-ordinates with our engineers to jointly market the product. We have already established the brand in the market and are doing business with companies who maintain mobile towers of telecom majors. We supply engine oil to them. We also supply engine oil to companies engaged in automobile and foundries space. Currently, we are doing a volume of 9 kl / month, this will go up to 30 kl / month in the next 3 months. We have been assigned the entire state of Tamil Nadu. After establishing ourselves in Chennai, our focus will now be on Pondicherry, Coimbatore and Trichy. Along with the engine oil, we are also involved in the protective coatings space.

Fabrication - We are in the process of taking over a sick unit at Ranipet. The payment and other formalities are already completed. Ranipet is an industrial hub in the state of Tamil Nadu. Over here we propose to manufacture and supply different types of fabricated components. We are targeting cement plants, sugar plants and boiler industry. Our team will utilize all the machines, tools, equipment and technology that will be installed at our unit for producing a flawless range of products, which confirms to the international quality standards. Our professionals have a vast experience in their respective fields which will help us to maintain relations with our customers by providing a quality range to them as per their needs.

We already have orders from major companies. Some of them are L&T, Neyveli Lignite, India Cements, Southern Railway, Madras Port Trust and many others.

Products & Services Overview

Lubricants, Protective Coatings & Fabrication Work.

Facilities Overview
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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