Hold

Products/Service

The company is into precision machining of the Aerospace and Defence and Power related small and medium components. Mainly supplying to top PSUs such as HAL, DRDL, BHEL. The company for last 3 years has been procuring the registrations and sampling for the components and hence has not been able to clock any significant revenue. Next 20 years of the economy will be a green field for companies into aerospace and defence due to government initiatives and policy for reduction of imports and increasing domestic production. The company is ideal for: Any automobile or metal or engineering company looking to diversify into defence or aerospace sector from day No need to spend 2 or 3 years as gestation period for procuring the registrations with the PSUs, Can bid for private defence orders, Excellent machinery with 5 axis precision machines all imported from Germany. Approximate Expected price for Pvt. Ltd. Firm and Plant and Machinery is Rs. 7.5 Crore

Reason

Wrong geographical location of the setup. Setup should be relocated to Maharashtra, South India, Gujrat or NCR

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