BUSINESS BRIEF

Engineering & mechanical company is a 40-year-old, iso-certified, pune-headquartered engineering and mechanical contracting firm established in 1986 by first-generation technocrats with deep domain expertise. the company specialises in end-to-end turnkey solutions for industrial projects spanning the power, steel, cement, and petrochemicals sectors. its comprehensive service portfolio encompasses turnkey machinery installation and commissioning, site fabrication and erection of structural and piping systems (including low- and high-pressure piping in mild steel, high-carbon steel, stainless steel, and alloy steels), electrical installation and commissioning of transformers, panels, motors, and control systems, contract maintenance shutdown services, heavy lift planning, and non-destructive testing services including radiography, ultrasonic, magnetic particle, and hardness testing.

a defining operational strength of the company is its no-subcontracting model. unlike the prevailing industry norm, the company retains all project personnel on its own rolls or as direct contract labour, enabling total control over quality, timelines, and cost — resulting in a 100% on-time project delivery track record across its documented history. this model, combined with an iso-certified quality management system and dedicated site safety officers at every project location, has earned the company enduring relationships with some of india's and the world's most discerning industrial clients including jsw group, tata group, sail, siemens, bharat forge, hindalco (aditya birla group), welspun corporation, bharat aluminium (balco), jindal stainless, and nippon kokan k.k. of japan, among others.

the company currently employs approximately 500 personnel across multiple active project sites in india. its leadership team possesses exceptional depth: the director and senior vice president brings 40 years of industry experience, supported by a president with 35 years, project managers averaging 25 years, and a well-developed second line of engineering talent across electrical, piping, mechanical, safety, and qa/qc functions. this institutional knowledge base represents a significant and difficult-to-replicate competitive moat.

PROPOSAL
🏭
Industry
Engineering & Construction
🏗️
Sub Industry
Mechanical & Electrical Engineering
💼
Nature of Business
B2B
📈
Reason for sell-off
Succession planning — The promoters (two families each holding 50% stake) are divesting their entire 100% shareholding due to the absence of a next-generation successor willing or capable of continuin
📍
Location
Mumbai, Maharashtra, India
📊
Open For Dilution
No (100% acquisition)
💰
Deal Size
₹ 40 Crore
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Sector
Services
🧭
Region
Western India
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Top Customer
🔒 Confidential
✔️
Justification
The business is a 40-year-old, ISO-certified engineering and mechanical contracting company with a proven track record of executing complex turnkey projects on time for blue-chip domestic and international clients. The company's unique no-subcontracting model ensures total quality control and operational efficiency. With an unexecuted order book of approximately ₹25 Crore and an additional pipeline of approximately ₹10 Crore under negotiation, the acquirer gets immediate 12-month revenue visibil
FINANCIAL INFORMATION
2023 (in INR Cr) 2024 (in INR Cr) 2025 (in INR Cr)
Sales 22.17 12.33 15.14
EBITDA
PAT 1.53 0.95 -₹1.98
BUSINESS DOCUMENTS