7.5 / 10
 Kolkata

Dredging business handling 30-40 thousand cubic tonnes of waste seeking investment to purchase machines.

Key Business Facts
Yearly Sales USD 600 thousand
EBIDTA Margin 30 %
Industries Waste Management
Locations  Kolkata
Business Overview
- We are a marine services and waste management business seeking investment for our industrial dredging and waste management operation.
- Have forayed into industrial dredging in the last few years.
- The company is driven by promoter (s) who are marine engineers with experience in shipping & dredging.
- We are executing contracts for government, semi-government & private companies all over India.
- Have imported machines from Europe to carry out the operations.
- The company has operations in all major ports in India.
- Majority of the revenue is generated from marine services.
- Handle 30-40 thousand cubic tonnes of waste per annum.
- The business has a registration certificate.
- Business is registered in Lucknow but is headquartered in Kolkata.
Products & Services Overview
Industrial dredging & online robotic cleaning & dredging.
Capitalization Overview
1. Bank fund of INR 3 crore in the form of CC. 2. Promoter's capital. 3. Unsecured loan from shareholders. 4. Promoters own as much as 90% stake in the company.
Assets Overview
1. Vessels /marine crafts: INR 4,00,00,000. 2. Robotic equipment (industrial dredging): INR 2,00,00,000. 3. Small equipment and office supplies worth INR 2,00,00,000.
Partial Stake Sale
USD 700 thousand for 50.0% stake (Native Currency: INR 60,000,000)
Reason: We need to buy machines & equipment such as robotic machines to expand our business of industrial dr... View More
Includes physical assets worth USD 1 million
Interested to connect with advisors
In talks with 3 Investors
Contact Business