Investment in Government approved Water Supply projects worth $55.5 Mn in India

Business Description

Founded in 1988, the group has completed over 175 projects for the government and the private sector, across 12+ sectors in 6 different states across India. The group has offering in the fields of water supply schemes, civil dams, barrages, anicuts, municipal solid waste management plant and pre-engineered buildings, major focus being on government projects. Executed several large scale infrastructure projects for various government departments. Recently expanded with two heavy steel fabrication units.

The group had total revenues of US$ 7.58Mn in FY19, with PBT of US$ 0.20Mn and PAT of US$ 0.17Mn

Reason for Selling

The company is looking for equity investment of US$ 10Mn to execute the projects in hand worth about US$55.5Mn (all projects are government projects, and are well funded).

Key Financials

  • Deal Structure: OTHER

Additional Information

Some Past Completed Projects:

1. Kolar Water Supply Project, Bhopal, Madhya Pradesh
2. Kudari Barrage (Vertical Lift Gate fixed wheel type), Champa, Madhya Pradesh
3. Supply & erection of automatic outflow regulating gates, under sluice vertical gate and canal vertical gate for lower Jonk Barrage Scheme of Pithora block in Mahasamund district, Raipur, Chattisgarh
4. Amamuda Diversion scheme, Bilaspur, Chattisgarh
5. Design, survey & construction of intake well, overhead tanks, water treatment plant, raw & clear water pumps, rising and feeder mains including distribution network for water Supply Project at Nagar Parishad Badod District, Malwa, Madhya Pradesh
6. Construction of Delwani Barrage on Hathni River, Alirajpur, Madhya Pradesh

Gautam Khurana

Founder & Managing Partner
India Law Offices LLP