Internet of Things Company Investment Opportunity in Hyderabad, India

- They work mainly for 9 sectors in India-

Government, education, healthcare, retail, technology, public services, hospitality, civil supplies, corporates & businesses.

- The promoter is having 20+ years of experience.

- Business growth rate is 17%

- Their products have saved the government INR 150-180 crore.

- One of the main products that they have developed is a real-time scanner used to check attendance for the mid-day meal scheme run by the government.

- The company is now looking to expand its operations to private companies.

The company has 4 segments-

- Artificial intelligence.

- Internet of things.

- App development.

- Software solutions.

- ERP for railways.

Tangible assets include computers and furniture INR 6.5 lakh.

Intangible assets including goodwill and brand name worth INR 121.35 lakhs.

It is their own office in Madhapur, Hyderabad. The office is the personal property of the business owner.

- Debt-free company.

- Market Cap- INR 100 crore.

- 2 shareholders- promoter- 88.90%, public - 11.09%

- Total Equity Shares- INR 1.10 crore.

- The ownership is completely promoter.