An established private limited company providing quality engineering & maintenance services to large petroleum / petrochemical industries and power plants in the areas of fabrication, erection, commissioning, maintenance and project works including shutdown / turnaround of entire plants in refineries is available for acquisition. The company has a 30 years track record of excellent performance capability with varied qualifications and registered with most private & public sector refineries in India and has potential for a rapid scaling of business.100% acquisition thru equity buy-out of promoters / current owners and present managing director is available to provide any post acquisition support for about 18-24 months.

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Services are focused on Oil and Gas Companies active in exploration and processing, including allied industries. Major clients are BPCL / HPCL / IOCL / RCF / RIL / TATA POWER…..

Engineering and maintenance services to large Petroleum / Petrochemical industries and Power Plants in the areas of fabrication, erection, commissioning, maintenance and project works including shutdown / turnaround of entire plants in refineries.

Assuming good scaling capability established by new management team the cumulative business for next 3 years can be: MAINTENANCE Rs. 6.00 Cr SHUTDOWN Rs. 50.00 Cr PROJECTS Rs. 10.00 Cr EQUIPMENT FAB Rs. 8.00 Cr TOTAL Rs. 74.00 Cr

Owners wish to retire due to age and their inability to support / fund scaling up of business requirements and thus capitalize on post COVID market opportunities.

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