Business Overview
Company manufactures aerospace and defense parts and assemblies at its well equipped manufacturing facility in Bangalore. Have multiple reputed clients which include HAL, BEL, DARE, GTRE, ADA, TATA, ISRO, Mahindra Defence Systems and Indian Institute of Astrophysics. Company works on project basis and we currently have multiple orders in hand which amounts to a total of INR 3 crore.
Founder is a mechanical engineer and holds 25 years of experience in precision & CNC machining industry. He has been recognized for delivering high precision components to clients. He has also worked at Escorts Limited and have also founded & run another engineering company in the past. His ex-engineering company was acquired by a reputed industrial group.
The company wasn't operational for 1.5 months due to COVID-19. However, we have restarted our operations and our revenue has become stable. Business owned assets include CNC machines, tools, factory setup and office equipment. Our company website is temporarily down and will be live again shortly.
Products & Services Overview
- UV imaging telescope & solar UVI telescope.
- Structural parts for LCA, bearing mount for ALH, landing gear components for Dornier Aircraft, compact surveillance equipment (gimbal), avionics packages for MiG-29 and Sukhoi.
Partial Stake Sale
USD
890 thousand
for
90.0%
stake
(Native Currency: INR 80,000,000)
Reason:
Meet market demand and invest in enhancement of capacity. Owner plans to retire and hence would like...
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Includes physical assets worth
USD
445 thousand
Interested to connect with advisors
In talks with 3 Investors