NDT & Industrial Inspection Biz Raising Funds In Vadodara

About Business

The business is engaged in industrial inspection and engineering consulting, with a primary focus on Non-Destructive Testing (NDT) services for manufacturing and engineering companies. It supports clients in maintaining product quality and meeting compliance requirements.

Business Model
The company follows a service-based model, working with industrial clients on inspection assignments and consulting projects. Revenue is generated through testing services, third-party inspections, and technical advisory engagements. The work is typically project-driven, with opportunities for repeat business from ongoing client requirements.

Service Offering
The business provides a wide range of inspection and consulting services, including:

Ultrasonic Testing (UT)
Visual Testing (VT)
Dye Penetrant Testing (DPT/PT)
Magnetic Particle Testing (MPI)
Radiography Testing (RT)
Third-Party Inspection (TPI)
Metallurgical Testing and Material Certification
Advisory support for foundry and machine shop operations

Market Position
The company acts as a support partner for quality assurance in industrial operations. It helps clients detect defects without affecting the material, improve overall production quality, and comply with applicable standards and certifications.

Operations
The company mainly conducts inspections at client sites, which allows for quicker execution and practical evaluation. It uses appropriate NDT tools and follows standard procedures for defect identification and quality checks. It also manages coordination for third-party inspections when required.

Client Base
The services are offered to manufacturing units, engineering companies, and industrial businesses involved in fabrication, machining, and heavy equipment production. The company has exposure to working with both mid-sized and established industry players.

Current Status
The business started operations in March 2024 and has set up its service structure and processes. It is currently focused on expanding its client base and building consistent engagement within the industrial sector.

Clientele type

The business serves a range of industrial and manufacturing clients, including companies involved in heavy machinery, engineering equipment, and steel production. Its services are commonly used by fabrication units, machine tool manufacturers, and industrial processing companies that require regular quality inspection and testing support.

It also works closely with inspection and certification agencies, acting as an authorized service provider for third-party inspection and compliance requirements. These associations help in executing projects that require adherence to recognized quality and certification standards.

Premises

OWNED

Premise Size: 450

Market Value (in INR): 10.00 L

Asking Price Includes

The terms of the transaction will be mutually agreed upon with prospective investors.

Asking Price

INR 2.00 L

Minimum ticket size

INR 2.00 L

Reason

The company has a working capital requirement and is therefore seeking a suitable investor.