Biometric Products Company Investment Opportunity in Coimbatore, India
Indigenous manufacturer of IOT enabled anti-theft solutions for b2b, Residentail and industrial use cases.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 87 thousand |
| Run Rate Sales | USD 208 thousand |
| EBITDA Margin | 15 % |
| Industries | Biometric Products + 1 more |
| Locations | Coimbatore |
| Local Time | 1:54 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
346 thousand
for
20.0%
stake
(Native Currency: INR 30,000,000)
Reason: Funds are required for scaling the business growth and will be utilized for marketing and sales, for...
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Includes physical assets worth
USD
69 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
DPPIT Certificate
(299.3 KB)
ISO Certificate
(613.8 KB)
Exterior View Of The Building
(52.1 KB)
Incorporation Document
(524.2 KB)
ROC-Verification.pdf
(74.1 KB)
Business Overview
- Cumulative revenue has crossed Rs 1 cr and we are starting the currrent financial year with INR 60 lac OEM order book.
- Incubated in IIM Bangalore, NSRCEL.
- Mentored by Stanford Graduate Business School, Seed Spark Programme.
- 2 patents accepted and one more patent under process.
- Registered trademark name obtained.
- The founder is a six sigma lean certified Black Belt and Tie Global finalist in the last year and ranked among top 40 global women business last year by TiE.
- Distinguished Women Entreprenuer award by NFED and Visionary Women Entreprenuer by WeDo.
- Associated with BNI, Nasscom, Tie, LUB, GeM etc.
- Incubated in IIM Bangalore, NSRCEL.
- Mentored by Stanford Graduate Business School, Seed Spark Programme.
- 2 patents accepted and one more patent under process.
- Registered trademark name obtained.
- The founder is a six sigma lean certified Black Belt and Tie Global finalist in the last year and ranked among top 40 global women business last year by TiE.
- Distinguished Women Entreprenuer award by NFED and Visionary Women Entreprenuer by WeDo.
- Associated with BNI, Nasscom, Tie, LUB, GeM etc.
Products & Services Overview
- Electronic Safe.IoT solutions.
- Fingerprint-based cabinet locks for the residential sector, shops, banks, etc.
- Number pad-based cabinet locks for the hospitality sector.
- RFID-based locks.
- Electronic door locks operated through fingerprint, number pad, RFID, and key.
Assets Overview
- 2 Patents and one more provisional patent granted.- Trademark obtained under class 9.
- Injection molding tools.
- Investment in office space and factory machinery.
- Electronic designs for four models of the lock.
- Firmware for four models of the lock and one dairyTech product.
- Electronic component stock.
Facilities Overview
- 2,500 sq ft of rented space near the Coimbatore airport.- Single floor with 5 years lease.
- The rent is INR 1 lakh.
Capitalization Overview
- Bootstrapped by 3 shareholder's funds.- Total investment of INR 3 cr has been invested in the business.
Recent Activity
-
Earlier than 15 daysPartner, Chennai, Accounting Firm connected with the Business
-
Earlier than 15 daysDirector, Investment, Chennai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Trading (Exports), Chennai, Individual Investor / Buyer connected with the Business
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