Madhya Pradesh based Government Contracting Company is Looking for Investment
The company enjoys enormous government and administrative support owing to 25 plus years of government liaisoning expertise of its founders. One of the two founders have been into government supply business for over two decades. Another founder is an Engineer from BITS, ex investment banker and has gathered infrastructure project expertise in India and UAE working as subcontractor for mega infrastructure projects. The company within one year of operations has clocked over 80 Lacs in turnover with a healthy margin in a very low capital investment. It is rapidly scaling in terms of both overall volume and average size of projects from 2 Lakhs to 1 Cr. and is hence looking for investment or part-sale. So far the company has finished 30 road, pipeline, infra and building projects of M.P. government. Currently the company has 5-7 clients on hand. Current value of the contracts in hand is around INR. 2 Cr. and it has capability to grow 10 folds as the team has good relations with the key clients and enjoys healthy client relationships with government officials in the state. Current minimum order size: INR 60 Lakhs. Investment is required to support the rapid scaleup and growing order-book, investment requirement: up to INR 5 Cr.
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Raise Funds (via equity) Last Active2+ months ago
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