NAMRATHA INDUSTRIES LTD (NIL) is promoted by group of High Networth Individuals (HNIs) which has got main business objective of generating renewable energy and trading in coal, power etc. NIPL has a net worth of Rs 5.7 crore.
NIPL is managed and run by thorough professionals, well experienced in industry, investment banking and finance. The business plan of NIL is to take advantage of the existing scenario of stressed assets all over India lying idle and inoperative in power, solvent extraction, commodities etc.
The business plan of NIL is clearly focused to take over or operate under a Business Conducting Agreement with the companies owning idle assets, remodel the business, refurbish the physical assets, renew the interests of all stakeholders and revive the units to serve the interests of all stakeholders including lenders, employees, vendors etc. The vision of NIPL is to bring back at least Rs 1,000 crores worth of reasonably sized assets back to its renewed shape in the next 2-3 years.