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Profitable Engineering, Procurement & Construction Company for Sale in Mumbai, India

40+ year-old company specializes manufacturing capital equipment along with mechanical turnkey projects having 100+clients.
This Business is on a Premium Plan
Established 40-50 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 2.2 million
Run Rate Sales USD 2.2 million
EBITDA Margin 30 - 40 %
Industries Engineering, Procurement & Construction
Locations  Mumbai
Local Time 5:55 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 3.5 million (Native Currency: INR 300,000,000)
Reason: The owner is 70+ years of age and would like to retire.
Includes physical assets worth USD 1.4 million
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Business Overview
1. A leading engineering company located in Chembur, Mumbai having its plant at Wada of 40+ years involved in execution of Engineering Procurement Construction projects and manufacturing of static process equipment.
2. Till date, we have completed 1,000+ projects.
3. We have 18+ clients, with top clients such as Aditya Birla Group, TATA advanced systems, Air India, Cipla, Biocon, Syngene, FIAT, etc.
4. Our EPC projects include mechanical projects such as storage vessels/pressure vessels, industry utility piping, silos, conveyors installation, LPG bullets installation, large diameter tanks, structural fabrications, etc.
5. All the equipment is manufactured by us according to the project requirements. We procure our raw materials from manufacturing companies like JINDAL, SAIL etc. Manufacturing is done based on the orders received.
6. Processing & manufacturing capacity of equipment manufacturing (SS+MS) – 150 MT/month – 1,800MT/year and Structural Work – 300 MT/month – 3,600MT/year.
7. We have strategic partnership with German client - BMA and executed various projects for supply to various countries viz Saudi Arabia, Oman, Indonesia, etc. in the last five years amounting to INR 35Cr.
8. Our top projects in recent years include the supply of 22 no’s of ASME ‘U’ stamp heat exchangers to ONGC ranging from 70 m2 to 1050 m2 capacity which was designed to withstand pressure of up to 150 bar and temperature of 120 deg Celsius. – INR 13Cr, single project for M/s. Balkrishna Industries Ltd (BKT) – Bhuj for INR 45 Cr and Skywalk project for Ulhasnagar east & west amounting to INR 20 Cr.
9. Projects done in a year range between 6 to 20, where the duration of each project is 5-6 months.
The average value of each project is approximately INR 5-20 Cr.
10. Our factory is approved by Chief Controller of Explosives (PESO) for fabrication of cryogenic and non-cryogenic pressure vessels under unfired rules 2016, which is valid for 1 more year and is renewable.
11. We have 16 permanent employees and 100+ contract factory workers.
Products & Services Overview
Our products are reactors, heat exchanger, LPG Bullets & system, cooker conditioners, boiler, storage vessel etc.
The company serves various industries like oil & gas, refineries, petrochemicals, fertilizers, chemicals, pharmaceuticals, automotive, textile, tyre rubber industries, aeronautics, defense, electrical, electronic, wind energy and infrastructure all around the world.
Our top clients include Balkrishna Industries Ltd (BKT), Aditya Birla Group, TATA advanced systems, Air India etc.
Assets Overview
Physical assets are 4.5 acres of land with factory space of 50,000 to 60,000 sq feet area, manufacturing equipment, inventory, office furniture, and office electronics.
Facilities Overview
Own land of 4.5 acres located at Wada with 50,000 - 60,000 sqft factory space. This entire area covers the manufacturing unit including the shop floor area and office space.
Capitalization Overview
The business is funded by debt and quity. Share capital + reserves/surplus debt funding as secured and unsecured loans and bank loans.
We have an outstanding loan of approx. INR 12 Cr,
There are 4 directors, with an ownership of 50-50 each between 2 directors. The other 2 are not shareholders.
The finances are being managed by leela fincare.
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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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