BUSINESS BRIEF
Project Damodar is an established iron & steel foundry and engineering castings manufacturer operating as a private limited company.
Key Highlights:
- Industry: Iron & Steel Foundry / Engineering Castings
- Ownership: Private Limited Company
- Certifications: ISO-certified manufacturing operations
- Key Approval: RDSO-approved manufacturer for OHE fittings
- Manufacturing: Established foundry and engineering casting capabilities
- Operations: Focus on hyper-automation and 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
- 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 |
2026 (in INR Cr) | 2025 (in INR Cr) | 2024 (in INR Cr) |
|---|---|---|---|
Sales |
N.D | 44.82 | 49.21 |
EBITDA |
N.D | ||
PAT |
N.D |
