BUSINESS BRIEF

The Company was incorporated in 2008 in Singapore and is broadly offering below services in South East Asia-

  • Engineering and Construction/ Fabrication Services [2/3rd of revenues], predominantly in Oil & Gas sector, involving
    • Structured Steel/ Pipe Fabrication - Cutting, bending, welding, joining pipes etc.
    • Scaffolding Thermal Insulation, Fire Protection
    • Coating/Surface Treatment
    • Maintenance and Shut-down related works
  • Resident Contractor (RC) [1/3rd of revenues], in Shipyard and Petrochemical Plants
    • Resident Contractors (RCs) are approved by shipyards/Plant owners, and reside in the shipyard/plant
    • RCs are invited by Principal to participate in tenders, and are preferred while awarding projects

Industry wise revenue breakup:

  • Marine: 32%
  • Powerplant: 7%
  • Petroleum: 27%
  • Pharmaceutical: 15%
  • Petro chemical: 19%

Proposal
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Industry

Infrastructure/Construction

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Sub Industry

Engineering Procurement and Construction (EPC)

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Sector

Manufacturing

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Reason for sell-off

na

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Top Customer

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Deal Size

INR 165 - 180 Cr

Business Operation Information
Financial Information
2024 (in INR Cr) 2023 (in INR Cr) 2022 (in INR Cr) 2021 (in INR Cr)
Sales
N.D 209.29 188.06 171.17
EBITDA
N.D
PAT
N.D N.D N.D N.D
Business Documents

Tags

Construction and Building Services (Civil Construction) Construction and Building Services (Construction Goods Manufacturing) Construction and Building Services (Construction Goods Manufacturing) Construction and Building Services (Civil Construction) Engineering and Design Services (Engineering Procurement and Construction (EPC)) Equipment Rental (Crane, Lifting & Heavy Machinery) Erection, testing, and commissioning (ETC) Power and Utilities (Power generation and transmission)