Biometric Products Company Investment Opportunity in Coimbatore, India
|Employees||5 - 10|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 23 thousand|
|Run Rate Sales||USD 44 thousand|
|EBITDA Margin||15 %|
|Industries||Biometric Products + 1 more|
|Local Time||6:10 PM Asia / Kolkata|
|Listed By||Business Owner / Director|
- The promoter is a Shark Tank India finalist and the company is a certified entity under Start-up India, DPPIT, and has also obtained ISO 9001: 2015 from TUVSUD.
- The company has retail clients today and the promoters come with an experience of over 24 years, with a good mix of both corporate and entrepreneurial experience, with over 5 years in a similar field.
- The promoter is also a six sigma black belt and an SMP from IIM Calcutta.
- We take care of both manufacturing and installation of our products.
- Our revenue comes from sales and installation of products and we also provide after sales service through which we generate revenue.
- We had a pilot phase last year where we achieved sales of INR 19 lakh. Currently, we have big projects in the pipeline which would generate for the investor a growth of 50-60%.
- Our products and services are targeted toward the global market.
- 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.
- Injection molding tools.
- Investment in office space.
- Electronic designs.
- Electronic component stock.
- 2,500 sq ft of rented space near the Coimbatore airport.
- Single floor with 5 years lease.
- The rent is INR 1 lakh.
- Bootstrapped by 3 shareholder's funds.
- Collateral-based loan of INR 1 cr from bank.
- Total investment of INR 2 cr has been done in the business.
Earlier than 15 daysManaging Partner, IT Services, Trichy, Individual Investor / Buyer connected with the Business
Earlier than 15 daysDirector, IT And Technology, Coimbatore, Individual Investor / Buyer connected with the Business