Industrial Measuring Equipment Company Investment Opportunity in Bangalore, India
Company specializing in developing IoT hardware and software to cloud-enable industrial gas storage tank sites.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 144 thousand |
| Run Rate Sales | USD 236 thousand |
| EBITDA Margin | 35 % |
| Industries | Industrial Measuring Equipment + 1 more |
| Locations | Bengaluru |
| Local Time | 6:32 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
580 thousand
for
10.0%
stake
(Native Currency: INR 50,000,000)
Reason: Seeking investment to start own manufacturing, obtain more certifications, expand to Middle East and...
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Includes physical assets worth
USD
81 thousand
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Business Overview
- Business located in Bangalore, specializes in developing IoT hardware and software to cloud-enable industrial gas storage tank sites.
- Has a strong presence in the industrial gas sector, with top manufacturers in India utilizing their products.
- The main sources of revenue for the company include telemetry device sales, telemetry software subscriptions, sensor sales, and M2M SIM card subscriptions.
- The monitoring system that analyzes gas consumption patterns can enable proactive product refills, improve route planning for tanker deliveries, and minimize operational inefficiencies, leading to enhanced customer satisfaction and reduced costs.
- This approach eliminates dependencies on customer premises personnel and avoids the issues of undelivered supplies, optimizing fleet utilization and overall production and distribution costs.
- Currently, there are nearly 600 devices installed across India, which are industrial gas storage sites, with a client base of 30-40 companies pan India.
- The business operates on a yearly subscription model.
- Manufacturing is outsourced with design and assembly done in-house.
- Has a strong presence in the industrial gas sector, with top manufacturers in India utilizing their products.
- The main sources of revenue for the company include telemetry device sales, telemetry software subscriptions, sensor sales, and M2M SIM card subscriptions.
- The monitoring system that analyzes gas consumption patterns can enable proactive product refills, improve route planning for tanker deliveries, and minimize operational inefficiencies, leading to enhanced customer satisfaction and reduced costs.
- This approach eliminates dependencies on customer premises personnel and avoids the issues of undelivered supplies, optimizing fleet utilization and overall production and distribution costs.
- Currently, there are nearly 600 devices installed across India, which are industrial gas storage sites, with a client base of 30-40 companies pan India.
- The business operates on a yearly subscription model.
- Manufacturing is outsourced with design and assembly done in-house.
Products & Services Overview
Products include telemetry devices and software.Used in monitoring cryogenic tanks remotely using cloud based Gas & Liquid Monitoring system (GLM).
Clients are industrial gas companies.
Assets Overview
Physical assets include:Inventory worth INR 50 lakhs.
Office furniture, computers, and laptops worth INR 20 lakhs.
Facilities Overview
Rented office space of 2,150 sq ft on the 1st floor of a commercial building in HSR Layout, Bangalore.
Capitalization Overview
- Business is bootstrapped.- Owned by 2 partners with 50-50 shares.
- In April 2023, we availed INR 25L Cash Credit facility and INR 25L term loan from Union Bank.
Recent Activity
-
Earlier than 15 daysDirector, Adtech, IOT, Bhubaneswar, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Food Products, Erode, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysIndependent Advisors, Delhi, Business Broker connected with the Business
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