BUSINESS BRIEF
Project Damodar is a ~70-year-old iron & steel foundry and engineering castings manufacturer based in East India, operating as a private limited company with RDSO approval for OHE fittings, making it one of only two approved manufacturers in India.
Key Highlights:
- Industry: Iron & Steel Foundry / Engineering Castings
- Ownership: Private Limited Company
- Certifications: ISO 14001:2009, ISO 9001:2009
- Plant Capacity: 700 MT per month (Current production ~400 MT)
- Key Approval: RDSO Approved Manufacturer for OHE Fittings
- Hyper Automation & Lean Manufacturing
Business Divisions
The company operates as an Iron & Steel Foundry and Engineering Castings manufacturing platform, with integrated operations including melting, casting, machining, heat treatment, testing, and finishing supported by in-house laboratory and CNC machining facilities.
Products & Services
• Railway OHE fittings (RDSO approved)
• SG Iron Castings
• Malleable Castings
• Engineering Castings for Industrial OEMs
• Machined Cast Components
• Heat-treated industrial castings
The company also offers end-to-end casting manufacturing including melting, machining, testing, and finishing.
Proposal
Industry
Industrial goods manufacturing
Sub Industry
Metal Processing and Fabrication (Metal Forging, Die Casting & Fabrication)
Nature of Business
B2B, B2G
Sector
Manufacturing (Contract Manufacturing)
Reason for sell-off
Strategic Realignment or Pursuing New Opportunities
Location
India
Region
Eastern
Open For Dilution
100 % (Complete Buyout)
Top Customer
Deal Size
INR 95 - 100 Cr
Justification
Based on market multiple
Business Operation Information
Financial Information |
2025 (in INR Cr) | 2024 (in INR Cr) | 2023 (in INR Cr) |
|---|---|---|---|
Sales |
44.82 | 49.21 | 41.43 |
EBITDA |
|||
PAT |
N.D |
