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Distressed Shell Company for Sale in Ahmedabad, India

Registered Section 25 company, with no operations now looking for a full sale.
This transaction has concluded.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Shell Companies
Locations  Ahmedabad
Local Time 7:46 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 120 (Native Currency: INR 10,000)
Reason: The directors are not able to start the not-for-profit business at all and want an exit.
Interested to connect with advisors
Business Overview

- We have a registered Section 25 ( NGO ) company.

- The business has not been running.

- It is a shell non-profit company registered and ready to be bought by anyone interested.

- Promoters started the company with intentions of social venture, where donations is made in subscriptions and the money received would be used to create capabilities.

- The buyer will not have to go through the hassles of registering a sec 25 company which takes over 4 - 6 month to be registered.

- Since the company hasn't started operations it would be easier amended Memorandum of Associations and Articles of Association.

- The company is registered with the ROC of Ahmedabad.

- There would be certain tax exemption available with a NGO.

Products & Services Overview

No services or products exist at the moment.

Facilities Overview

None.

Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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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