Ship Repairing Business Investment Opportunity in Visakhapatnam, India

We are among very few firms having the capability to take up projects in all diversified fields of mechanical, electrical, IT, fabrication, and material supply. This wide range helps us to keep our hands working all the time. We are never idle. All our projects are exclusively for the Indian Navy.

We can undertake multiple projects simultaneously, but due to a liquidity crunch, we cannot apply for multiple tenders at once. With financial backing, we will be able to get and work on multiple projects at once.

We execute turnkey projects for the Indian Navy in the field of warship and merchant ship repairs as well as new construction.

Complete shut-down maintenance of small ships and vessels of the Navy. Engineering and fabrication contracts.

The project value we can execute is from INR 50 lakh to 10 crore.

Tangible assets owned by the business are the repair machineries worth INR 25 lakh.

The intangible assets owned by the business are contracts with the Navy for the repair of machines and our well-groomed and experienced team of super 60.

Most of the work is carried out onboard ships at dockyards.

We have a fully equipped workshop of 1,500 sq. yard area to carry out repairs of machinery. We also have a rented storage space of 2,500 square feet located in the central region of Visakhapatnam. The rent amount of the warehouse is INR 32k. The yard rent is INR 26k.

We are fuelled by our capital funds, term loans, and OD facility we have with our banker. However, with our current infrastructure, and expertise, we are capable of executing 5 times more projects simultaneously than what are taking up, limiting our funding.