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GPS Devices Company Investment Opportunity in Bhubaneswar, India

Leading GPS-based fleet management service provider in Govts and corporates with >250 clients in India.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 60 - 70 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 0 - 10 %
Industries GPS Devices
Locations  Bhubaneswar
Local Time 1:03 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 30 thousand for 30.0% stake (Native Currency: INR 2,500,000)
Reason: Funds will be utilised against team building, channel expansion in more numbers of states followed b... View More
Includes physical assets worth USD 16 thousand
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Business Overview
- Leading GPS-based fleet management service provider in India.
- Business transactions conducted through channel partners. Collaborative approach with European and Israeli suppliers, integrating our software with their hardware for enhanced solutions.
- Nationwide presence with over 12,000 vehicles under management.
- Active involvement in major corporate projects across 5 states: Odisha, Bihar, Jharkhand, Maharashtra, and Uttarakhand.
- Ongoing government project engagements in Odisha, Bihar, and Jharkhand.
- Commitment to delivering unparalleled quality services with on-ground sales and service support throughout the country.
- Founder brings 20 years of industry experience to the business.
- Holds necessary licenses, including GST, for seamless business operations.
Products & Services Overview
Our top-selling products include vehicle tracking systems, personal tracking units, and fuel sensors, complemented by a customised tracking software dashboard.
Our user base extends across logistics companies, industries (primarily mining, cement, steel, and aluminum), construction companies, individual fleet owners, and corporates. The mentioned segments engage with our products and services through annual contracts, renewing the annual maintenance contract (AMC) each year.
Assets Overview
IT infra, office equipment including laptops for all employees and other office accessories. We also have physical hardware devices in stock along with other hardware accessories.
Facilities Overview
At present operating from a rental office in the capital city of Odisha.
Sq ft area 2,000.
Rent per month is INR 25k.
Capitalization Overview
At present, it's an OPC private limited company, 100% owned by a single director. Only one Mudra loan of INR 10 lakhs from the bank was taken, followed by some contingency loan during the pandemic, which was also provided by the bank. It's a completely market-driven organization without having much loan burden on it.
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1 Investor contacted this Business this month. Register below to connect now!
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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