Established OEM-Grade Earthmoving Equipment Manufacturing company is up for sale.

The group started its operations in 1980s with a vision to provide quality equipments to earth moving equipment’s OEMs. With OEM’s expanding their facilities & distribution channel across India, group started its another plant at South India.

The company is in business of manufacturing of high-quality earth moving & other heavy equipments that are widely used in Excavators, Wheel Loader, Motor grader, Backhoe Loaders & other customized excavator machines.

• It has in house research & development team
• The company is a registered vendor for globally renowned brands, having significant annual rolling work contracts for future growth
• Currently plant is spread over 60,000+ Sq ft, with a expandable area of another 20,000+ sq ft.
• Fully equipped with CNC plasma & oxy cutting machines, rolling/press break/boring machines, paint booth, shot blasting & other facilities.

Products & Services

• Prime GP Bucket
• Counterweight
• Wide Trench bucket
• Loader bucket
• Trench bucket
• High dump bucket

Additional Information

• Company looking to potentially partner with strategic investors for significant/full ownership stake dilution at Current Enterprise Valuation (EV) range of ~INR 45 Cr/USD 5.5 Mn.
• EV includes company owned land & building valued at ~INR 13 Cr, other assets at ~INR 7 Cr, experienced & efficient human capital & provision for future profits/goodwill)
• Currently company owes Bank debt of ~INR 7.5 Cr (WC- INR 6.5 Cr & balance Term Loans) & same is included in above EV