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Custom Application Development Company Investment Opportunity in Malé, Maldives

Software company with 3 projects in hand seeks investment.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales INR 13.7 crore
Run Rate Sales INR 14.4 crore
EBITDA Margin 10 %
Industries Custom Application Development
Locations  Male
Local Time 5:14 PM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
INR 2.15 crore for 30.0% stake (Native Currency: USD 250,000)
Reason: Need funds for marketing.
Includes physical assets worth INR 2.15 crore
Business Overview
- Our team of experienced developers specializing in creating custom software that streamlines business processes, improves efficiency, and enhances user experience.
- We work closely with our clients to understand their unique needs and goals and develop solutions that are tailored to their specific requirements.
- Currently have 3 projects in hand. Have completed over 40 projects to date. Our clients are usually from the gaming, hospital, and school industries.
- One project usually takes 3 months to complete.
- We have 8 permanent employees who are self-sufficient. Also, outsource a few services.
- The business is HQ in Male but the promoter is working in the Colombo branch office.
- Gaming license, trade license, import/export license and COI certificate.
Products & Services Overview
Custom application and mobile app developments for clients.
Assets Overview
Tangible- 7 latest Mac books, and other office equipment.
Facilities Overview
Office in Colombo is located in the south of the city on a 2,400 sqft area. It is a rented office.
Capitalization Overview
- Company has 3 shareholders with 40:40:20 shareholding.
- No loan.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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