Shipbuilding Businesses Seeking Loan in Visakhapatnam

Business: Shipbuilding and ship repair company serving Navy, defense shipyards and commercial shipowners. - Founders & team: Led by founders with 25 years of experience in shipbuilding and marine engineering. - Core services: Shipbuilding, ship repairs, full refits, installation of weapons and other marine systems in diverse fields of electrical, mechanical, fabrication, and marine IT. - Service footprint: Operations and project execution across Vizag, Goa, Kolkata, Karwar, Mumbai, Paradeep and Port Blair, offering regional naval ship repair and maintenance. - Key customers: Indian Navy, L&T, Goa Shipyard Ltd, Mazagaon Dock Shipbuilders Ltd, Hindustan Shipyard Ltd, Customs dept (Kolkata) and Naval ship repair yard (Port Blair). - Revenue and pipeline: Current order book of INR 25 crore with additional multi-year projects in the pipeline, providing predictable and recurring revenue from long-term defense contracts. - Competitive advantage: Rare multi-disciplinary expertise across electrical, mechanical, fabrication and weapon installation, enabling complex refits and turnkey naval projects. - Legal & compliance: Company is incorporated and operates with established credentials to win defense and government ship repair contracts.

• The business is located in Visakhapatnam and executes projects in Vizag, GOA, Karwar and Kolkata. • It has 60 employees and specializes in the execution of technical turnkey projects of defense and PSU shipyards (warship repairs/building). • Its products and services include installation & repair of weapon systems & machinery. • It takes up yearly contracts with the Navy for equipment repairs and short-term maintenance repair of machinery spanning from 2 to 10 months in Visakhapatnam, Goa, and Kolkata. • It has 1-2 government contracts yearly and outsources material to meet its needs. • The business is well-established, with an experienced team and a proven track record of success. • It has a strong customer base, with a variety of clients in the Aerospace and defense industry. • With growth due to the navy projects we received.

• The business is located in Visakhapatnam and executes projects in Vizag, GOA, Karwar and Kolkata. • It has 60 employees and specializes in the execution of technical turnkey projects of defense and PSU shipyards (warship repairs/building). • Its products and services include installation & repair of weapon systems & machinery. • It takes up yearly contracts with the Navy for equipment repairs and short-term maintenance repair of machinery spanning from 2 to 10 months in Visakhapatnam, Goa, and Kolkata. • It has 1-2 government contracts yearly and outsources material to meet its needs. • The business is well-established, with an experienced team and a proven track record of success. • It has a strong customer base, with a variety of clients in the Aerospace and defense industry. • With growth due to the navy projects we received.