Company Is Looking for Investments for Government Tender for an Oil Exploration Project in Gujarat

Available on Introduction
Listing IDBB007034 Asking Price (in INR) INR 250.00 Crore Last Year TurnoverAvailable on request EBITDA/ Operating Margin % Available on request
  • Company Is Looking for Investments for  Government Tender for an Oil Exploration Project in Gujarat

Business Details

PRODUCTS & SERVICES

Oil exploration

CLIENTELE

Government

PREMISES

office in Mumbai and Gujarat

OTHER DETAILS

This oil and natural gas exploration business was incorporated on 2008.
Company has bagged government tender for oil exploration in Gujarat 2012 which was approved in 2018.
The company was formed to diverse into Oil & Gas E & P (Exploration & Production) Activity in India through NELP and other countries in which similar activities are permitted. The company is looking for JV partner for 26 % stake at USD 160 million.
Finance of USD 250 million repayable over a period of 10 years with 3 years moratorium.

ASKING PRICE INCLUDES

equity partnership

IndustryOil & Gas LocationMumbai
Total Views147 Last Active2+ months ago
Entity typePrivate Limited Started in 2012
Transaction TypeRaise Funds (via equity) Employees100
Reasonrequiring to raise fund for equity
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