Internet of Things Company for Sale in Hyderabad, India

IT / IoT business with assured revenue stream and INR 29Cr confirmed orders on hand.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 800 thousand
EBITDA Margin
40 %
Industries
IT Services + 1 more
Locations
Local Time
4:34 AM Karnataka
Listed By
Management Member
Status
Active
Overall Rating
Full Sale
Asking Price: USD 2.6 million (Native Currency: INR 198,000,000)
Reason: To join his family members in US to enhance further growth of their family business.
Includes physical assets worth USD 400 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

An IT / IoT / ITES company, with a gradual increase in growth from 2014, bagged guaranteed orders from Smart City development Projects In India for a value of nearly Rs. 30 Cr phased out in five years and Gross profit expected is 8-10crs in 4-5 years time. The Company is earning profits for the last 5 years. Bagging orders from a few more Smart Cities in India projects worth INR 50 to 60 crores in the next three year period with a good margin would not be a much difficulty as our products are well proven.

Our business is primarily with the government sector and with an International private organization.

Business & payment agreements entered for five years from the Govt side. The Govt contracts have a clause to extend another two year period also and the prospects of extending are good as all the products supplied and serviced are connected towards fuel savings and so far saved huge amounts to exchequers of the state and also for the benefits of the citizen.

Received world bank accolades for products supplied and services rendered as well received from the International organization and Govt departments. We Received the SKOTCH award for the works carried out in the last year.

The promoter is an MBA graduate & computer engineer and he is in business for more than a decade. Another Director is from a Semiconductor Giant company ($72 billion) and holds patents.

75% of capital expenses already incurred for the.

Confirmed orders of Rs 29 crore. In fact, for 18 crore orders supply effected fully and services are carried out to the full satisfaction in the last two years.

The Gross profit expectation is nearly 45 to 55% as all Capex is already met from our end.

Any company interested to acquire shall have to meet only Operation expenses which are less than INR 1 cr per year as on date.

Generally, the payment is within 3-5 months from the date of Invoicing,

About payments r from Govt side: - Do not envisage trouble for all the orders on hand. Subsequent to Covid19, the Central Govt has given the order to the state Govt sectors to effect payments to MSMEs quickly, and we are an MSME firm, are confident of getting the same.

The major orders, contracts ad agreements are from Bhopal& Jabalpur of Madhya Pradesh state and from Trichy of Tamil Nadu state.

Proud to inform that we have executed an order received from, Medical services, Mumbai state & service for 5 years and likewise supplied & serviced CCTV to Puducherry Union territory in coordination with an International organisation.

Products & Services Overview

Liquid cooling system, Smart Bin, Smart Meter, GPS vehicle tracking devices, Passenger Information system, (PIS) Passenger Announcement system (PAS) Personal tracker, Video Liquid Walls, CCTV, Kiosk Plastic Bottle Recycling Machine. Call Centers / BPO.

Facilities Overview
Recent Activity
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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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