Computer Hardware Company Seeking Loan in Lucknow, India

IT services company catering to Government departments in Uttar Pradesh.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 340 thousand
EBITDA Margin
11 %
Industries
Locations
Local Time
10:15 AM Lucknow
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 70 thousand for 20.0% annual interest, 3.0 years (Native Currency: INR 5,000,000)
Reason: - To cater to more clients in UP. - Expansion to Uttarakhand. - Procuring products directly from N... View More
Collateral Available: USD 70 thousand
Includes physical assets worth USD 7 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We are an IT services company, providing products and services to Government departments in Uttar Pradesh.

- Currently, our area of operations is limited to Uttar Pradesh, but the company intends to expand its operations to Uttarakhand.

- We are involved in sale of IT products, bundled software and surveillance systems.

- We procure our products from various local and regional distributors of companies like HP, Samsung, Dell, Lenovo, Microsoft, Xerox, IBM, Cisco, HCL, Toshiba.

- Our company is a registered seller and service provider in Government e-Marketplace (GEM).

- Currently the company holds 50 government clients, including Irrigation and Water resource department, Uttar Pradesh Power Corporation Ltd, Department of medical health and family welfare, Food and civil services department etc.

- Promoter has 17 years of experience in the IT services sector.

- Company started in August 2017 with a few clients and were in the development stage, company has now increased its area of operations and number of clients in the current year, thus showing higher sales figures.

Products & Services Overview

- IT Products, Servers & Storage, Online UPS, Biometric Products, Bundled Software.

Facilities Overview
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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