Profitable Ship Repairing Business Seeking Loan in Visakhapatnam, India

- Expertise in turnkey projects, specializing in mechanical, fabrication, and electrical services with the Indian Navy.

- Successful installation of weapon systems and engineering machinery in navy and defence shipyards.

- Guaranteed payments for defence projects, immune to adverse situations like pandemics or cyclones.

- Rare proficiency in diverse fields: mechanical, electrical, electronics, IT, and fabrication.

- Strategic location in Visakhapatnam, undertaking projects in Vizag, Goa, Karwar, and Kolkata.

- Boasts a workforce of 60 employees, excelling in technical turnkey projects for defense and PSU shipyards.

- Specialization in installation and repair of weapon systems and machinery.

- Yearly contracts with the Navy for equipment repairs, spanning 2 to 10 months in key locations.

- Engages in 1-2 government contracts annually, outsourcing materials as needed.

- Well-established business with a proven track record of success and an experienced team.

- Strong customer base in the aerospace and defense industry.

- Registered with GST, trade license, and MSME, reflecting compliance and credibility.

- Witnessed high growth post-COVID, attributing to its current strong cash flow.

- Financially sound, with sufficient cash flow to fund interest payments.

Mechanical, fabrication, and electrical services with the Indian Navy.

Assets include:

Machinery, stocks, fixed deposits and vehicles.

All our assets are illiquid, hence we require capital to fund projects.

Facility in Naval Dockyard, Visakhapatnam and spans 1,500 square yards equipped with the necessary machinery for all types of marine repairs. The monthly rent for this facility is INR 29k.

Our firm runs on capital investments, OD facility, Secured and unsecured loans from banks outstanding INR 1.3 cr.

2 partners with a 50-50 split.