Teaser – Project Twister

1. Buy-out opportunity in a heavy engineering company Teaser – Project Twister Strictly Private & Confidential

2. Company Overview A leading ISO 9001:2008 certified public limited heavy engineering company (not listed) having more than 2 decades of experience in drawing, fabrication & erection of mechanical and engineering equipments and also undertakes projects on turnkey basis • Kolkata based and established in 1995 • 100% owned by promoter • Handled EPC projects involving manufacture, supply, inspection, erection & commission of Projects involving civil, structural, mechanical and electrical items • In house facility to cater to engineering, fabrication and machining activities • 3 manufacturing units • 2 owned units – one each in Chennai and Kolkata and 1 leased unit in Rourkela • Combined production capacity of 3,100 MT per month • Total land area of 38 acres (owned 14 acres + leased 24 acres) • Handling capacity of 100 tonnes single piece • Directors having more than 35 years of experience in the Industry • Lean organization with more than 150 employee • Worked in consortium with leading large foreign multinational companies • Marquee clientele including the Navratanas of India – leading PSUs in power, steel and railway sectors • Caters to core sectors like steel, power, cement, refineries, aluminum, fertilizer, material handling and railways • Accreditation – ranked 2 and awarded as best vendor by leading PSU, certified as Part 1 vendor with Indian railways and also pre-approved vendor with number of leading companies in infrastructure sector Key projects executed • Manufacturing & supply of boiler structures for power plant • Supply of industrial building structural, technological structural, cable trays, ducts, chimney, chutes, skirts, ESP structural for steel plant • Turnkey contract for installation of coal crusher & conveyor, pig casting machine • Blast furnace slag handling system and bulk material handling system for a steel plant • Manufacturing & supply of various parts of rail engine • Manufacturing & supply of windmill towers CAGR over 4 years Revenue – 30% EBITDA – 51% PAT – 42% All figures are audited and are in INR million • EBITDA is calculated excluding other income Project Twister

3. Investment Highlights • Healthy confirmed (unexecuted) order book to the tune of • ~ INR 2,500 million with high margin contracts and currently L1 for orders worth INR 400 million Order book Long standing relationship Experienced operation team • Experienced and motivated second line of management • Key Clients – SAIL, BHEL, NALCO, BALCO, Vedanta Group, Jindal Group, POSCO, L&T High entry barrier Manufacturing capacity and capability Company undertakes critical structural mechanical work – only 7/8 companies in India have the capability • Capacity – 3,100 MT per month with capability to handle 100 tonne single piece Long track record Consortium relationship • Over 2 decades of presence, meeting key tender criteria's • Experienced to work in consortium environment – partner with leading international companies Players across infrastructure and utilities sector, select project Twister to undertake a key / critical and challenging new work The promoters are desirous to disinvest their stake to a strategic player who could take advantage of the platform to achieve next level of growth and are not averse to sale of significant majority stake Project Twister