Business Overview
- Established in 1985, we are one of the senior builders in Vizag.
- We have constructed 15 million plus square feet and completed over 30 projects.
- The business has 3,000 plus happy customers.
- The founding members have been the president of Credai & Naredco Visakhapatnam.
- We majorly deal in residential real estate construction but have also completed a few commercial projects.
- We project monthly sales of INR 3 crore once the project is started.
- The investor will get a stake in the entire company, but the investment will be used only for the project.
- Our company is able to achieve a high revenue per employee since most of the construction activities are outsourced.
Products & Services Overview
We are a residential real estate construction company. Currently, we are seeking initial funds for the construction of a residential gated community.
Capitalization Overview
- This is a family-owned private ltd company with 4 directors having 40%, 20%, 20%, and 20% stake.
- Total project value of is INR 150 crore.
- Funding sources are own funds & project loans.
- The value of outstanding loan is INR 2.3 crore.
Assets Overview
Physical assets include lands and apartments in Gambhiram near IIM institute which are owned by the company for this project.
Partial Stake Sale
USD
1.17 million
for
6.0%
stake
(Native Currency: INR 100,000,000)
Reason:
Initial cash flow to start the project. The investor will get a stake in the entire company, but the...
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Includes physical assets worth
USD
17.6 million
Interested to connect with advisors
In talks with 3 Investors