Custom Application Development Company for Sale in Chennai, India
For Sale: Chennai-based IT firm specializing in custom application development.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 10 - 20 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | 20 % |
| Industries | Custom Application Development |
| Locations | Chennai |
| Local Time | 2:06 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
5.8 thousand
(Native Currency: INR 500,000)
Reason: The owners have decided to move to a product based company.
Interested to connect with advisors
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Business Overview
- Based in Chennai, specializing in technology and business services.
- Expertise in mobile app and custom software development.
- Delivers approximately 12-15 projects annually. Had contracts with IIT Madras.
- Operates on both government and private-based projects.
- Presently non-operational due to lack of owner focus.
- Officially registered with the Ministry of Corporate Affairs (MCA).
- Maintains compliance with regular Income Tax Return (ITR) filings.
- Expertise in mobile app and custom software development.
- Delivers approximately 12-15 projects annually. Had contracts with IIT Madras.
- Operates on both government and private-based projects.
- Presently non-operational due to lack of owner focus.
- Officially registered with the Ministry of Corporate Affairs (MCA).
- Maintains compliance with regular Income Tax Return (ITR) filings.
Products & Services Overview
We specialize in:- Mobile app development.
- A mix of both mobile and web applications.
- Custom software development.
- Custom applications.
Assets Overview
The intangible assets include:- Website.
- Goodwil.
- Service based model.
Facilities Overview
Currently not Operational. Planning for sell off.
Capitalization Overview
- 2 shareholders, the business is owned by a single family.- No loans or outstanding loans.
Recent Activity
-
5 days, 22 hours agoDirector, IT Services, Bangalore, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Engineering, Design, Research & Manufacturing, Northvale, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Radiology Supportive Services, Radiation Monitoring Services, Chennai, Corporate Investor / Buyer connected with the Business
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