Profitable Ship Repairing Business Seeking Loan in Visakhapatnam, India
Company specializing in mechanical, fabrication, and electrical services for Indian Navy with 2+ annual contracts.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 50 - 100 |
| Legal Entity | General Partnership |
| Reported Sales | USD 415 thousand |
| Run Rate Sales | USD 1 million |
| EBITDA Margin | 40 % |
| Industries | Ship Repairing |
| Locations | Visakhapatnam |
| Local Time | 6:19 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
35.6 thousand
for
20.0%
annual interest,
1
year
(Native Currency: INR 3,000,000)
Reason: Our revenue this FY will be above INR 10 Cr. Seeking funds for working capital requirements.
Althou...
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Collateral Available: USD 0
Includes physical assets worth
USD
71 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
(1.2 MB)
Gun Installation
(45.1 KB)
Installation
(84.0 KB)
MSME Certificate
(548.0 KB)
Business Overview
- Expertise in turnkey projects, specializing in mechanical, fabrication, and electrical services with the Indian Navy.
- Successful installation of weapon systems and engineering machinery in navy and defence shipyards.
- Guaranteed payments for defence projects, immune to adverse situations like pandemics or cyclones.
- Rare proficiency in diverse fields: mechanical, electrical, electronics, IT, and fabrication.
- Strategic location in Visakhapatnam, undertaking projects in Vizag, Goa, Karwar, and Kolkata.
- Boasts a workforce of 60 employees, excelling in technical turnkey projects for defense and PSU shipyards.
- Specialization in installation and repair of weapon systems and machinery.
- Yearly contracts with the Navy for equipment repairs, spanning 2 to 10 months in key locations.
- Engages in 1-2 government contracts annually, outsourcing materials as needed.
- Well-established business with a proven track record of success and an experienced team.
- Strong customer base in the aerospace and defense industry.
- Registered with GST, trade license, and MSME, reflecting compliance and credibility.
- Witnessed high growth post-COVID, attributing to its current strong cash flow.
- Financially sound, with sufficient cash flow to fund interest payments.
- Successful installation of weapon systems and engineering machinery in navy and defence shipyards.
- Guaranteed payments for defence projects, immune to adverse situations like pandemics or cyclones.
- Rare proficiency in diverse fields: mechanical, electrical, electronics, IT, and fabrication.
- Strategic location in Visakhapatnam, undertaking projects in Vizag, Goa, Karwar, and Kolkata.
- Boasts a workforce of 60 employees, excelling in technical turnkey projects for defense and PSU shipyards.
- Specialization in installation and repair of weapon systems and machinery.
- Yearly contracts with the Navy for equipment repairs, spanning 2 to 10 months in key locations.
- Engages in 1-2 government contracts annually, outsourcing materials as needed.
- Well-established business with a proven track record of success and an experienced team.
- Strong customer base in the aerospace and defense industry.
- Registered with GST, trade license, and MSME, reflecting compliance and credibility.
- Witnessed high growth post-COVID, attributing to its current strong cash flow.
- Financially sound, with sufficient cash flow to fund interest payments.
Products & Services Overview
Weapon Installation and services in Mechanical, Fabrication, Electrical /IT field with the Indian Navy and Defence PSUs.
Assets Overview
Assets include:Machinery, stocks, fixed deposits and vehicles.
All our assets are illiquid, hence we require capital to fund projects.
Facilities Overview
Facility in Naval Dockyard, Visakhapatnam and spans 1,500 square yards equipped with the necessary machinery for all types of marine repairs. The monthly rent for this facility is INR 29k.
Capitalization Overview
Our firm runs on capital investments, OD facility, Secured and unsecured loans from banks outstanding INR 1.3 cr.2 partners with a 50-50 split.
Recent Activity
-
1 week, 5 days agoCEO, Ship Repair, Visakhapatnam, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysSED Business Analyst, IT, Hyderabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Engineering & Electrical Manufacturing, Mumbai, Corporate Investor / Buyer connected with the Business
Tags:
Profitable Ship Repairing Business Seeking Loan in Visakhapatnam, India
·Lend to Profitable Ship Repairing Business in Visakhapatnam, India
·Profitable Ship Repairing Business Seeking Loan in Vizag
·Lend to Profitable Ship Repairing Business in Vizag
·Profitable Ship Repairing Business Seeking Loan
·Lend to Profitable Ship Repairing Business
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