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Biometric Products Company Investment Opportunity in Chennai, India

Company offering smart baggage locker system that is specially designed for employees and public.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 426 thousand
EBITDA Margin 20 - 30 %
Industries RFID Systems + 2 more
Locations  Chennai
Local Time 1:43 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.18 million for 10.0% stake (Native Currency: INR 100,000,000)
Reason: To expand manufacturing as well as promotion of business. Our business has a unique product and is a... View More
Includes physical assets worth USD 590 thousand
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Business Name
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Business Overview
- The company provides smart locking system solutions, including centralised smart locking systems that are specifically developed for the convenient electronic locking of logistics, mailing, and storage applications.
- To open a locker, a user is identified at the central terminal by presenting their credential. The door is automatically opened via a networked electronic signal to the lock and re-locked upon pushing the locker door closed.
- On average we manufacture 20-30 pieces a month.
- Our lockers are used in all type of industries like healthcare retail, sports stadium, schools, water parks, storage.
Products & Services Overview
Offer smart lockers, this locker system is managed by our locker management software and is compatible with multiple technologies, hardware and software components.
Assets Overview
Office interiors and furniture and small plant setup.
Facilities Overview
Have an administrative office and manufacturing facility. We are serving large and medium industries, and serve all over India.
Capitalization Overview
Running with own fund, no private fund.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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