Waste Management Company Investment Opportunity in Delhi, India

Company primarily operates in four distinct product verticals namely: (a) water tanks (b) pipes & fittings (c) solar mounting structure and (d) waste collection and other plastic products. Our products relating to water tanks, waste collection and pipes & fittings are marketed under our own brand name which has been in existence in the market since 1990. Company is ISO 9001:2015, ISO 14001:2015 and OHSAS 18001:2007 certified Company and possess Compliance Certificate from UK Certification & Inspection Limited to use “CE” mark on specified products. Registered and Corporate Office is located in Delhi and we have three manufacturing facilities located in Sonipat, Ahmedabad and Delhi, which are obtained by us on rental basis.

Our strengths include:

A) Wide range of products.

Our range of products i. e. water storage tanks, pipes, waste collection products, road safety products and solar mounting structures have wide applications across residential, commercial, industrial and infrastructure sectors. Under plastic segment, we manufacture and market a variety of plastic products for our customers for their customized needs. We employ rotational moulding, blow moulding, injection moulding and extrusion processes, which enable us to manufacture a wide variety of products by installing the appropriate moulds. Our ability to manufacture wide range of customized products facilitates our bids for various Government and private tenders. Further, it enables us to increase our existing product portfolio. For instance, we have recently added road safety products such as road barriers, traffic cones, parking barriers, road reflectors, speed breakers etc. and complex fabricated items such as garbage rickshaws in our portfolio. Our marketing team plays an important role in the development of new products based on their study and feedback on latest industrial needs.

B) Diversified client base.

We serve a diversified client base ranging from B2B, B2C to B2G customers. We market our water storage tanks through approximately 345 distributors and dealers spread across 10 States and two Union Territories (majorly in Haryana, Uttar Pradesh and Delhi), which make further sales to various retailers, sub-dealers and end-users, including plumbers. Our list of clientele includes various Municipal Corporations such as South Delhi Municipal Corporation, North Delhi Municipal Corporation, Municipal Corporation, Karnal, Agartala Municipal Corporation etc. and esteemed Companies such as Adani Enterprises Ltd. , JTL Infra Limited, Ujaas Energy Limited.

C) Experienced promoter supported by dedicated management team.

Our Promoter Director, has been engaged in the business of water tanks, pipes and plastic products for last 30 years, which gives him an advantage of immense knowledge of the industry, high contacts with clients and suppliers and better decision making power. He is involved in the day to day business and management of the company. We believe that our management team’s experience and their understanding of the water tanks, pipes and plastic industry will enable us to continue to take advantage of both current and future market opportunities.

D) Certifications and compliance with quality standards.

Our strength lies in understanding the requirements of the customer and our execution capabilities. As a certification of the quality assurance, our rotational moulded water storage tank having capacity ranging from 200 ltrs to 10,000 ltrs has been tested as per Bureau of Indian Standards and is accredited by BIS under IS 12701:1996. Further, our Company has received ISO 9001:2015 for conformity with quality management system, ISO 14001:2015 for conformity with environmental management system and OHSAS 18001:2007 for conformity with Occupational Health & Safety Management System from respective certification agencies and possess Compliance Certificate from UK Certification & Inspection Ltd. to use “CE” mark on specified products which includes water tanks, chemical tanks, dustbins, wheel barrow, PVC pipes etc.

The main physical assets that the company owns are the equipment and machinery in its manufacturing units. We have recently enlarged our scope of activities in the field of Waste Management and have recently obtained tender of INR 9.04 crores from Smart City Limited and INR 18.5 crores from Smart City for construction, installation and commissioning of Solid Waste Transfer Stations in Kanpur under Smart City Mission, initiated by Government of India. Also, we were recently awarded a tender of Rs. 1.78 crores from for installation of Smart Bin system in certain designated areas.

Water Tanks – Our product range in water tanks includes overhead tanks, loft tanks, conical chemical tanks, insulated tanks and industrial chemical tanks, available in varied capacities ranging from 60 litres to 10,000 litres. Our water tanks product vertical comprised of over 140 SKUs as on March 31, 2018. We manufacture water tanks using LLDPE and HDPE polymers through the rotational moulding and blow moulding process, respectively at our Sonipat unit.

Pipes and Fittings – We offer range of pipes and fittings products such as Galvanized Iron Pipes, PPR-C & PE-X pipes, mild steel tubes, garden pipes, waste pipes and fittings. The plastic pipes i. e. the garden and waste pipes are manufactured by us through the extrusion process in our Sonipat unit. Other than plastic pipes i. e. Galvanized Iron Pipes, PPR-C & PE-X pipes, mild steel tubes and fitting items such as ball valve, threaded elbow, adopter are procured by us directly from the suppliers and are sold to customers as per their requirements. We are an authorized dealer of Jindal and Prakash for galvanised Iron Pipes, PPR-C & PE-X pipes for Delhi region. We are also engaged in trading of pipes, fittings, coil and other materials.

Waste Collection and other Plastic Products - Our Waste Collection Products comprises of wide variety of waste bins such as bio medical bins, household bins, road side bins, wheeled bins, stainless steel bins, jumbo bins, pedal operated bins and display bins. Our range of bins has capacity ranging from 10 ltrs. to 1100 ltrs. Apart from waste bins, we also offer garbage rickshaws, wheel barrow, needle disposers and spittoons. Our waste collection product comprised over 270 SKUs as on March 31, 2018. Further, our range of other plastic products includes road safety products such as road barriers, traffic cones, parking barriers, speed breakers, industrial pallets etc. We use blow moulding, roto moulding and injection moulding process to manufacture waste collection and other plastic products in our Sonipat unit. Further, the metal fabrication process on certain products such as waste bins, garbage rickshaws and other solid waste collection products takes place from our Delhi unit.

Factory 1 is 8 acres and Factory 2 is 5 acres. Both are leased.