8.7 / 10
 Navi Mumbai

Engineering firm providing design, engineering & installation of turnkey projects for LPG, LNG, Cryogenic facilities.

Key Business Facts
Yearly Sales USD 250 thousand
EBIDTA Margin 20 - 30 %
Industries Oil & Gas Transportation
Locations  Navi Mumbai
Business Overview
- Engineering services firm providing design, engineering & turnkey projects for LPG, Natural Gas, and Cryogenic facilities.
- The promoters are ex-Shell employees.
- Registered contractor for a major gas company in Mumbai for Downstream Natural Gas Piping for industries and reticulation projects for high rise towers.
- Successfully implemented turnkey projects for Piped Natural Gas (PNG) for large industries in and around Navi Mumbai.
- Recommended highly by a well known Mumbai based gas company for design engineering of piped gas systems for high rise towers in Mumbai (70 storey and above)
- In past have delivered demand assessments, market surveys, capex / opex Estimations for CGD - City Gas Distribution in India for a  major Indian gas company.
- Successfully designed,  supplied, installed  and commissioned LPG storage & regasification including Synthetic Natural Gas Systems in UAE and Oman.
- Successfully designed cryogenic storage facilities, supplied, installed and commissioned in UAE and Oman.
- Primarily cater to clients in India and the Middle East.
- In the past roughly 70% of our revenue used to come from the Middle East, however, due to the slow down in the Oil & Gas industry, this figure is now at 40 - 50%
- Local partners of a US company, a world leader in LPG equipment and SNG systems (for India and the Middle East)
- Local partners of a Korean company for their wide range of LPG vaporizers and SNG systems (for India and Oman)
- Local partners of an Italian company for Telemetry units for Cryogenic storage facilities and Hospital Management Systems.
- Local partners of a Portuguese company for their range of Telemetry Units used widely in Oil, Gas, Water, Chemicals and Liquid storage facilities.
- Local partners of a German Company for their wide range of hydrocarbon compressors in India.
- We also have marketing rights for a family business manufacturing Pressure Vessels, Cryogenic & LNG Vaporizers, Pump Skids & other allied equipment for Cryogenic facilities.
- We are only engaged in offering engineering design and project consulting services, all the implementation and manufacturing is outsourced to our partners and to other vendors.
- We currently have 2 AMCs.
- The firm is in discussions with major LNG players and is receiving invitations to bid for LNG projects.
- The firm is also in discussions with a multinational for entering into a JV or MoU for LNG business in India.
- Physical assets owned by the business include the office space, computers, and furniture.
Products & Services Overview
Design, engineering, supply, installation & commissioning of cryogenic storage and regasification facilities. LNG, LCNG & CNG storage and regasification facilities, bulk LPG storage facilities, LPG bottling plants, Piped Natural Gas facilities, PSA facilities for Nitrogen, Hydrogen, and  Medical Oxygen.
Through our partners, we are able to fulfill projects that require Natural Gas and LPG equipment for bulk storage and regasification, telemetry units for LIN, LOX, LAR facilities, LPG and other liquids, hospital management systems (for oxygen and other gases), LNG, LPG cryogenic vaporizers, pump skids,
And pressure vessels.
Partial Stake Sale
USD 600 thousand for 50.0% stake (Native Currency: INR 50,000,000)
Reason: The firm has excellent credentials in the LPG, Natural Gas, and Cryogenic industries having provided... View More
Includes physical assets worth USD 200 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business