Project Milash · SEL-002

Importer and distributor of artificial grass and sports flooring: 100% of the business offered

Confidential Information Summary · pan-India B2B distribution · complete owner exit

CA Dhiraj Ostwal & Co. — Transaction Advisory · Blind, pre-NDA · October 2026
150+Repeat B2B dealers and contractors
~23,000 sq ftWarehousing across 3 cities
~10 yearsOperating history, per the owner
₹35 CrOwner's expected consideration
01

Executive summary

The business imports artificial grass, sports turf and sports flooring and sells them to dealers and contractors across India. It runs from three warehouses with an in-house sales team. The owner is offering 100% of the business and plans a complete exit.

At a glance

BusinessImport and B2B distribution
HeadquartersMaharashtra
Operating historyApproximately 10 years, per the owner
ConstitutionSole proprietorship
Employees26–50 (published range)
Offered100% of the business, debt-free

Basis of preparation. Everything here comes from the owner's discussions and public business listings, and none of it is independently verified. No financial statements are in the file. The turnover and employee figures are published ranges. The ₹35 Cr is the owner's expected consideration, not a valuation. No later accounts exist.

02

Investment highlights

1

A repeat B2B dealer network

More than 150 dealers and contractors buy repeatedly, so demand comes from established trade relationships, not walk-in retail.

150+ repeat accounts
2

Pan-India distribution

The business sells across India from three warehouse locations, with its own in-house sales team.

Pan-India reach
3

Three-city warehousing

Stock is held in Delhi, Mumbai and Hyderabad, about 23,000 sq ft in total, close to major buying centres.

~23,000 sq ft
4

Two product families

Artificial grass and turf sit beside sports flooring, so one customer can buy both from one supplier.

Grass, turf and flooring
5

Debt-free, complete handover

The owner proposes a debt-free transfer of 100% of the business. Physical stock is negotiated separately.

Debt-free · 100%
03

Business overview

The company imports sports-surface products and distributes them to the trade. It sells to dealers and contractors and does not run a consumer retail channel.

Artificial grass and sports turf

Football turf, cricket pitch turf, sports and synthetic grass, and landscaping grass.

Sports flooring

Badminton and multi-sport flooring, gym mats, rubber rolls, EPDM granules and related surfaces.

Channel

B2B sales through an in-house team to dealers and contractors across India.

Revenue split between the two product families is not in the file; it is provided in the data room.

04

Business model & economics

The business buys products from overseas, holds stock in three warehouses and sells on to dealers and contractors through its own sales team.

ModelImport and distribute

Products are imported, stocked and resold.

ChannelB2B only

Customers are dealers and contractors.

ReachPan-India

Served from Delhi, Mumbai and Hyderabad.

Model features, as disclosed
Feature Detail
Sales In-house sales team
Customers 150+ repeat B2B dealers and contractors
Warehousing 3 cities, ~23,000 sq ft
Inventory Negotiated separately from price
Pricing, gross margin, supplier terms and working-capital cycle are not in the file; they are provided in the data room.
05

Product portfolio & footprint

Two product families are stocked across three warehouse locations that together cover the north, west and south of the country.

Artificial grass and turf

Football turfYes
Cricket pitch turfYes
Sports and synthetic grassYes
Landscaping grassYes

Sports flooring

Badminton court flooringYes
Multi-sport flooringYes
Gym mats and rubber rollsYes
EPDM granules and relatedYes
Warehouse footprint
Location Detail
Delhi Warehouse
Mumbai Warehouse
Hyderabad Warehouse
Total area ~23,000 sq ft
Area by site and whether each site is owned or leased are not in the file; they are provided in the data room.
06

Customer mix & concentration

Customers are repeat dealers and contractors who buy sports-surface products for resale or installation.

The base, as disclosed

Repeat B2B accounts150+
Customer typeDealers and contractors
GeographyPan-India

Customer-level billing is not in the file, so the masked top-20 table and the concentration and movement charts are not shown. No claim is made on concentration. Customer-level detail will be provided in the data room, subject to NDA.

07

Financial snapshot

No financial statements are in the file, so no revenue, profit or balance sheet figures are shown here.

What exists, all unverified

Published turnover range₹25–100 crore
Published employee range26–50
Expected consideration₹35 Cr (owner's figure)
Latest audited yearNot in file

Weakest metric: the missing numbers. The turnover range is wide, and there are no profit figures. Audited accounts, returns and bank statements are provided in the data room, subject to NDA, and value is assessed on those.

08

Quality of earnings

Earnings cannot be assessed from the file, because no accounts are in it.

What the documents support

EBITDA and marginsNot available
Add-backsNot available
Cash conversionNot available
DebtDebt-free transfer proposed
PerimeterSingle proprietorship
Related partiesNot in file
RecencyNo accounts in file

A normalised EBITDA, a margin bridge and a cash-conversion view are prepared once accounts are received under NDA.

09

Management & organisation

The owner runs the business and plans a full exit, with an in-house sales team beneath.

Organisation, as disclosed
Role Detail
Owner Sole proprietor; complete exit planned
Sales In-house sales team
Employees 26–50 (published range)
Team structure, tenure and roles are provided in the data room.

Key-man. The owner's role in customer and supplier relationships is not described. With a complete exit, handover terms are central to the transaction.

10

M&A proposition

The owner offers 100% of the business as a debt-free transfer, because of a complete exit and permanent relocation abroad.

Network150+

Repeat dealers and contractors.

Footprint3 cities

About 23,000 sq ft of warehousing.

Operating history~10 years

As stated by the owner.

Strategic buyers

Distributors or manufacturers of flooring, turf or building materials that want a ready national dealer network.

Financial buyers

Investors seeking a trading platform with a long history and a debt-free start.

Transaction parameters

Stake offered100% of the business
StructureBusiness transfer, debt-free
Expected consideration₹35 Cr, not a valuation
Physical stockNegotiated separately
Owner's objectiveComplete exit
TimelineNot stated

Value-creation levers

  • Extend reach beyond the 150+ existing dealer accounts.
  • Cross-sell flooring to turf customers, and the reverse.
  • Add warehouse capacity to the three-city network.
  • Move the operation into a corporate structure.

Proceeds go to the owner. The consideration is the owner's expectation and is not supported by figures in the file; management projections are not included.

11

Risks & mitigants

No financials in the file

Turnover is a wide published range. Mitigant: accounts, returns and bank statements are verified in the data room before any price is agreed.

Price is the owner's expectation

₹35 Cr is not backed by profit data. Mitigant: value is set after data-room review, with structure open.

Sole proprietorship transfer

Registrations and contracts sit in the owner's name. Mitigant: a transition and novation plan agreed in the process.

Import dependence

Supplier, currency and duty exposure are not described. Mitigant: supplier schedule and landed-cost data in the data room.

Owner dependence

Customer and supplier relationships may rest with the owner. Mitigant: a handover period is built into terms.

Stock outside the price

Inventory is negotiated separately and may be material. Mitigant: a stock count and valuation before closing.

Unverified history

The operating history is the owner's statement. Mitigant: registrations and early accounts checked in the data room.

12

Process & next steps

1 · InterestExpression of interest to the sell-side adviser.
2 · NDAMutual confidentiality agreement signed.
3 · Information memorandumFull detail and data room access.
4 · OffersIndicative, then binding terms.

Direct all enquiries to CA Dhiraj Ostwal & Co. — Transaction Advisory. Do not contact the business, its owner or its employees.

Disclaimer. This summary is confidential and was prepared from information supplied by the owner and public listings, without independent verification. The expected consideration is not an offer, valuation or recommendation. No representation or warranty is given and no liability is accepted for its use. Recipients must conduct their own diligence.

 

 

 

 

 

 

 

Express Your Interest

×