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Testing, Inspection & Certification Company Investment Opportunity in Kochi, India

Engineering company with pan India presence in oil & gas industry seeks investment.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 354 thousand
Run Rate Sales USD 380 thousand
EBITDA Margin 25 %
Industries Testing, Inspection & Certification
Locations  Kochi
Local Time 7:28 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 177 thousand for 25.0% stake (Native Currency: INR 15,000,000)
Reason: Need funds for business expansion across India.
Includes physical assets worth USD 41 thousand
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Business Overview
Founded by a leading technocrat, the group is one of the key players in the engineering sector with business in inspections, projects, and services.
The company has over 100 clients and our top clients are IOCL, VSSC, HPCL, ONGC, BPCL, GAIL, with work done in over 10,000 installations to date.
The company started as a pure-play consulting firm providing expert advice on inspection, testing, and certification. , the later years the group ventured into providing technical services in non-destructive testing, calibration of storage tanks, and condition monitoring, further the group widened its base by pioneering projects primarily in the energy sector providing turnkey solutions for the storage and distribution of petroleum products.
Products & Services Overview
THIRD-PARTY INSPECTIONS.
Inspection of plant, equipment, and machinery as per the Factories Act 1948 and Kerala Factories Rules 1957. Competency issued by Director of Factories and Boilers, State Government.
Testing of vessels, tanks, and bullets as per Petroleum Rules 2018, Gas Cylinder Rules 2016, and SMPV (U) Rule 2016. Competency issued by the chief controller of explosives, central government.
Calibration of Storage Tanks for Oil & Gas as per Legal Metrology General Rules 2011. Competency issued by Inspector of Legal Metrology, State Government.
In states where we have been authorised we follow their rules apart from BIS standards, which are also recognized by customs, excise, and central government departments. Internationally, we follow various API and ISO standards for measurements as per requirements and rules in each country.
TECHNICAL SERVICES.
Audits, tests, and surveys for preventive maintenance to assess the life of machinery, to maintain quality standards in original equipment manufacturing, and also to ensure compliance with the safety standards & guide lines.
Non-Destructive Testing. (Ultrasonic Flaw Detection. , Dye Penetrant Testing, Magnetic Particle Testing)
Condition-Based Monitoring. (Vibration Monitoring. Infrared Thermography, Ultrasonic Thickness Survey (UT) )
In-Line Inspection.
TURNKEY PROJECTS.
Installation of storage tanks, pressure vessels, and pipe lines for petroleum products as in fuels (LNG, LPG, CNG, MS, HSD (Diesel), SKO (Kerosene), LSHS, Naphtha, FO (Furnace Oil), solvents (MTO (Turpentine), SBP, Hexane) specialty products such as BENZENE, TOLUENE, CRMB (Crumb Rubber Modified Bitumen), PMB (Polymer Modified Bitumen).
Erection of Pressure Vessels (Bulk LPG, LNG)
Commissioning of Piped Gas Bank & Line (LPG & PNG)
Installation of Petroleum Storage Tanks (HSD, LSHS, FO, LDO, SKO, MS)
Assets Overview
Tangible assets include equipment, machinery, tools and tackles including office furniture and computing devices.
Facilities Overview
- Own office space of 2,500 sq ft.
- Also have 3 rented offices of 5,000 sq ft with a cumulative monthly rent of INR 50,000/-
Capitalization Overview
- The business is funded through an OD of INR 40 lakhs.
- Company has 3 directors with one director having 60% shareholding and the rest by the remaining 2 directors.
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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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