Tour Operator Investment Opportunity in Mumbai, India
The biggest small plane opportunity in the world. Part of GOI's UDAN Schme.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Tour Operators |
| Locations | Mumbai |
| Local Time | 6:55 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
10 million
for
30.0%
stake
(Native Currency: INR 850,000,000)
Reason: Funds will be use to lease aircraft, secure tools, spares, ground equipment and working capital.
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- We are seaplane operators being run by professionals from the industry with nearly three decades' experience.
- The business was rolled back during Covid.
- We are re-starting our operations as our firm has received a contract from the Gujarat Government.
- According to the contract we would have 2 fixed flights on a daily basis.
- These flights will be from the Sabarmati riverfront to the Statue of Unity base at Sabarmati and end at Ahmedabad airport.
- Pre- Covid the business had 1 leased and 1 owned plane.
- Since the business shut down the company does not any planes as of now.
- The investment will be used to purchase the aircraft and working capital requirements.
- We have a reputed brand name and high goodwill in the market.
- The business has two owners 80% and 20% stake distribution.
- Company has no outstanding liabilities.
- This will be a safe investment with handsome returns.
- The business was rolled back during Covid.
- We are re-starting our operations as our firm has received a contract from the Gujarat Government.
- According to the contract we would have 2 fixed flights on a daily basis.
- These flights will be from the Sabarmati riverfront to the Statue of Unity base at Sabarmati and end at Ahmedabad airport.
- Pre- Covid the business had 1 leased and 1 owned plane.
- Since the business shut down the company does not any planes as of now.
- The investment will be used to purchase the aircraft and working capital requirements.
- We have a reputed brand name and high goodwill in the market.
- The business has two owners 80% and 20% stake distribution.
- Company has no outstanding liabilities.
- This will be a safe investment with handsome returns.
Products & Services Overview
India's first and only seaplane company now also venturing into UDAN land routes and sustainable aviation. Secured a massive Govt backed contract for ten planes.
Assets Overview
The company is in the process of leasing 10 x Cessna 208 Aircraft for its upcoming UDAN contract.Intangible assets include air operators permit (non-scheduled) and NOC for operating scheduled commuter airline.
Facilities Overview
Leased space out of Juhu Aerodrome, Mumbai.
Capitalization Overview
Business bootstrapped by promoters and two family trusts holding 99% equity between them. Closely held company with zero bank debt.
Recent Activity
-
Earlier than 15 daysDirector, Stock Broking, Gurgaon, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Textile Manufacturer, Surat, Individual Investor / Buyer connected with the Business
Tags:
Tourism Business Investment Opportunity in Mumbai, India
·Tour Operator Investment Opportunity in Mumbai, India
·Tourism Business Investment Opportunity in Bombay
·Tour Operator Investment Opportunity in Bombay
·Invest in Tourism Business in Mumbai, India
·Invest in Tour Operator in Mumbai, India
·Tourism Business Investment Opportunity
·Investment Opportunity in Mumbai, India
·Tour Operator Investment Opportunity
·Invest in Tourism Business in Bombay
·Invest in Tour Operator in Bombay
·Investment Opportunity in Bombay
·Invest in Tourism Business
·Invest in Tour Operator
·Invest in Mumbai, India
·Invest in Bombay
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
9 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 117,500+ other businesses of all sizes.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses