Ahmedabad Based Manufacturer of Metallic Expansion Bellows Looking for Working Partner/full Sale

Available on Introduction
Listing IDSL006455 Asking Price (in INR) INR 7.00 Crore Last Year TurnoverINR 7.40 Crore EBITDA/ Operating Margin % 36%

Business Details

PRODUCTS & SERVICES

Tied Expansion Joints, Hinge Expansion Joints, Gimble Expansion Joints, Pressure Balanced Expansion Joints, Single Expansion Joints, Universal Expansion Joints, Rectangular Expansion Joints, Refractory Lined Expansion Joints, Thick Walled Expansion Joints, Rubber Bellows, Single Expansion Bellows, Universal Expansion Bellows, Tied Universal Expansion Bellows, Hinge Expansion Bellows, Pressure Balanced Bellows, In-Line Pressure Balanced Bellows, Gimbal Expansion Bellows, Square / Rectangular Expansion Bellows, Rectangular Expansion With Miter Corners, Single Circular Bellows With Rectangular Opening.

CLIENTELE

L&T Heavy Engineering, JSW Steel, Essar Steel, Reliance, Kirloskar Oil Engines, L&T Hydrocarbon, BHEL, Praj, Cummins. Steel and Power industries

PREMISES

Self Network and Sales Team

OTHER DETAILS

It is a Partnership business with 2 partners. The Company was established in the year 1988 and Manufacturing was commenced in 1992.
An ISO 9001‐2008, IBR Certified and India's First Lloyd's Type Approved (For Marine Application) conglomerate known for Quality & Commitment at the marketplace.
One of the leading company having core businesses of Design, Manufacture & Supply of Expansion Bellows/Compensator/Joints, Corrugated Hoses and Engineering Fabrication.
They have Clients from India and South Asian Countries.
Land area is 20,000 sq.ft. and build up area is approx. 3300 sq.ft. There is a 2 storey building.
Turnover FY 2018-19 was INR 7.4 Cr.
They are looking for
a) Working Partner with Investment of INR 7 Cr. for 50% Stake.
b) Full Sale INR 14 Cr. (negotiable)

ASKING PRICE INCLUDES

Full sale includes - Land and building INR 10 Cr., machinery, Goodwill, clientele INR 2.5 Cr., stock inventory INR 1.5 Cr.

IndustryManufacturing (Other) LocationAhmedabad
Total Views484 Last Active2+ months ago
Entity typePartnership Started in 1988
Transaction TypeFull Sale
Raise Funds (via equity)
Employees15
ReasonOne of the partners wants to Exit
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