ABC Manufacturing Limited had 3 verticals and had a combined turnover of over 80 Crs and a negligible net profit. On critical examination, it was identified that one of the three verticals contributed 60 crs of turnover and had a 15% PBT and the other verticals were incurring losses. It was also identified that short term funds were used for long term purposes.
Plastic Components – Presently valued at 70 Crs and a targeted valuation of 200 Crs, this is one of the clients which is growing at a increasing pace. Ascend had helped the Company restructure couple of years back lost which, the Company is at high growth phase. The Company plans to target IPO in 3 years.
Years of Business
Projects Delivered
Satisfied Customers
Clients