Tour Operator Equity Stake For Sale in Mumbai, India
The biggest small plane opportunity in the world. Part of GOI's UDAN Schme.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Tour Operators |
| Locations | Mumbai |
| Local Time | 2:33 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
9.7 million
for
30.0%
stake
(Native Currency: INR 850,000,000)
Reason: Funds will be use to lease aircraft, secure tools, spares, ground equipment and working capital.
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Business Overview
- We are seaplane operators being run by professionals from the industry with nearly three decades' experience.
- The business was rolled back during Covid.
- We are re-starting our operations as our firm has received a contract from the Gujarat Government.
- According to the contract we would have 2 fixed flights on a daily basis.
- These flights will be from the Sabarmati riverfront to the Statue of Unity base at Sabarmati and end at Ahmedabad airport.
- Pre- Covid the business had 1 leased and 1 owned plane.
- Since the business shut down the company does not any planes as of now.
- The investment will be used to purchase the aircraft and working capital requirements.
- We have a reputed brand name and high goodwill in the market.
- The business has two owners 80% and 20% stake distribution.
- Company has no outstanding liabilities.
- This will be a safe investment with handsome returns.
- The business was rolled back during Covid.
- We are re-starting our operations as our firm has received a contract from the Gujarat Government.
- According to the contract we would have 2 fixed flights on a daily basis.
- These flights will be from the Sabarmati riverfront to the Statue of Unity base at Sabarmati and end at Ahmedabad airport.
- Pre- Covid the business had 1 leased and 1 owned plane.
- Since the business shut down the company does not any planes as of now.
- The investment will be used to purchase the aircraft and working capital requirements.
- We have a reputed brand name and high goodwill in the market.
- The business has two owners 80% and 20% stake distribution.
- Company has no outstanding liabilities.
- This will be a safe investment with handsome returns.
Products & Services Overview
India's first and only seaplane company now also venturing into UDAN land routes and sustainable aviation. Secured a massive Govt backed contract for ten planes.
Assets Overview
The company is in the process of leasing 10 x Cessna 208 Aircraft for its upcoming UDAN contract.Intangible assets include air operators permit (non-scheduled) and NOC for operating scheduled commuter airline.
Facilities Overview
Leased space out of Juhu Aerodrome, Mumbai.
Capitalization Overview
Business bootstrapped by promoters and two family trusts holding 99% equity between them. Closely held company with zero bank debt.
Recent Activity
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Earlier than 15 daysDirector, Retail, Chicago, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysMD, Investment, Kolkata, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Stock Broking, Gurgaon, Corporate Investor / Buyer connected with the Business
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