Business Overview
- Clients are from 4 wheel Automotive and general engineering industries.
- Tata Marco Polo, Hyundai, Ford, and Nissan are some clients.
- 60% of clients are from the automotive sector.
- Did INR 28 cr in FY16 and INR 34 cr in FY15.
- Total capacity is 24,000 tons per annum (115 crores)
- Currently capacity utilization is 300 - 400 tonnes a month.
- Have standing orders from clients.
- Business has a term loan of INR 7.5 cr.
- Experience 20+ years.
Products & Services Overview
-ERW Tubes & Pipes Manufacturing,
-Steel Service centre,
-Colour Coated profiling,
-Special shaped formed section profiling.
-Trading in HR, CR, Gp Coils & Sheets and long steel products.
Partial Stake Sale
USD
1.8 million
for
45.0%
stake
(Native Currency: INR 150,000,000)
Reason:
Will share later but mostly it will be used as working capital as we have orders and untapped market...
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Includes physical assets worth
USD
2.2 million
In talks with 3 Investors
Contact Business