Offshore Oil Production Company Seeking Loan in Mumbai, India
Offshore and oil & gas sector service provider seeks funds to purchase a new Berge.
| Established | 10-20 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 440 thousand |
| Run Rate Sales | USD 490 thousand |
| EBITDA Margin | 22 % |
| Industries | Offshore Oil Production + 1 more |
| Locations | Mumbai |
| Local Time | 12:57 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
465 thousand
for
11.0%
annual interest,
4
years
(Native Currency: INR 40,000,000)
Reason: To purchase a new Berge and expand offshore oil exploration.
Collateral Available: USD 0
Includes physical assets worth
USD
1.63 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(74.1 KB)
Business Overview
- Mumbai based company specializing in various oil services with 3 primary fields.
1. Offshore logistics services provider especially for oil rigs and ports within a 200 km radius. Working with 10-15 rigs and we offer complete transportation services for these clients.
2. We have our own oil rig in Ahmedabad and have a contract with ONGS for 3 years.
3. Have our own vessel for offshore oil explorations with a subcontract with IOCL.
- Majority of the revenue is generated from offshore oil drilling services.
- We are keen on expanding our offshore business.
- Company has INR 1 crore OD from Yes Bank.
- Company has 4 partners who are from the same family.
- Hypothecation of the Berge can be given as collateral or can give Escrow account details.
- All our assets are fixed assets and we need a liquid asset such as cash to purchase the equipment.
1. Offshore logistics services provider especially for oil rigs and ports within a 200 km radius. Working with 10-15 rigs and we offer complete transportation services for these clients.
2. We have our own oil rig in Ahmedabad and have a contract with ONGS for 3 years.
3. Have our own vessel for offshore oil explorations with a subcontract with IOCL.
- Majority of the revenue is generated from offshore oil drilling services.
- We are keen on expanding our offshore business.
- Company has INR 1 crore OD from Yes Bank.
- Company has 4 partners who are from the same family.
- Hypothecation of the Berge can be given as collateral or can give Escrow account details.
- All our assets are fixed assets and we need a liquid asset such as cash to purchase the equipment.
Products & Services Overview
- Complete logistics services for other oil rigs.- Own oil rig operations.
- Offshore oil exploration and refining.
Assets Overview
Assets include: Vessel worth INR 11 crore and land worth INR 3 crore.
Facilities Overview
1,500 sq ft of own office space at a prominent place.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, Infrastructure Development, Hyderabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Mumbai, Financial Consultant connected with the Business
Tags:
Offshore Oil Production Company Seeking Loan in Mumbai, India
·Lend to Offshore Oil Production Company in Mumbai, India
·Offshore Oil Production Company Seeking Loan in Bombay
·Oil Services Company Seeking Loan in Mumbai, India
·Lend to Offshore Oil Production Company in Bombay
·Lend to Oil Services Company in Mumbai, India
·Offshore Oil Production Company Seeking Loan
·Oil Services Company Seeking Loan in Bombay
·Lend to Offshore Oil Production Company
·Lend to Oil Services Company in Bombay
·Oil Services Company Seeking Loan
·Lend to Oil Services Company
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