Profitable Shipbuilding Company Investment Opportunity in Mumbai, India

- Shipbuilding, repair, chartering and dredging services working for the government and private clients.

- Currently catering our services to 10 clients.

- Have a growth rate of 50% YOY.

- The promoter has experience in the shipping and dredging industry.

- Receive government tenders for the supply of crafts and maintenance for different ports, who leases our ships and our services for terms of more than 5 years, and pay us on a monthly basis.

- We have the government of India and the Indian Navy as our main clients. We have successfully executed ship repair, ship building and operating, salvage, and dredging contracts.

- We have the facility to build our own crafts and own 12 vessels and are registered with various government entities.

- We have long-term fixed-price contracts with various major ports in India and private dredging companies.

- Have 138 contract-based employees working for us.

- Our sales increased due to an increase in contracts.

We have successfully executed ship repair, ship building and operating, salvage, and dredging contracts.

Tangible assets- 12 vessels worth INR 75 crore.

Intangible- goodwill.

Rented office space located in the center of the city of 1,000 sq ft with a monthly rent of INR 1 lakh.

- The company has 5 directors who hold 68% of shares and the remaining 32% shares is held by the public.

- Funded by internal resources and have a fund-based loan of INR 15 crores and non-fund based INR 15 crores.

- We have applied for a further facility of INR 25 cr with Yes Bank.