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IT Consultancy Business Seeking Loan in Hyderabad, India

Hyderabad-based established IT consultancy with a diverse client base seeks working capital for securing government-project.

Established 20-30 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 14 thousand
Run Rate Sales USD 14 thousand
EBITDA Margin 40 %
Industries IT Consultancy
Locations  Hyderabad
Local Time 11:38 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 29 thousand for 10.0% annual interest, 4 years (Native Currency: INR 2,500,000)
Reason: We are in the process of getting a defense project worth INR 6 crore through a tender and we are see... View More
Collateral Available: USD 0
Includes physical assets worth USD 117 thousand
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Business Overview
1. Established Presence: The business is a well-established IT consultancy firm based in Hyderabad, with a 22-year history.
2. Diverse Client Base: The business has a diverse client base, having served over 15,000 clients to date, including government, private organizations, schools, colleges, and hospitals.
3. Key Products and Services: The company's top-selling products and services include annual maintenance contracts, hardware and server maintenance, networking implementation and maintenance, retail solutions, and sales of IT equipment with after-sales support.
4. Clientele: The business has annual maintenance contracts with prestigious clients such as Kendriya Vidhyalaya and GST offices in Hyderabad, showcasing its ability to secure and maintain government contracts.
5. Growth Opportunity: The company is in the process of securing a defense project valued at INR 6 crore over a 2-year period, with payments released in quarterly installments. The project requires additional working capital to facilitate expansion and the scaling up of the team from 8 to 50 members to meet the project's requirements.
6. We are a certified company with all the necessary licenses and certifications.
Products & Services Overview
The business's top-selling products and services include:
❖ Annual maintenance contracts.
❖ Laptops/desktops chip-level services.
❖ Service engineers outsourcing.
❖ Hardware maintenance.
❖ Server maintenance.
❖ Networking implementation.
❖ Networking maintenance.
❖ Retail solutions.
❖ Sales of servers, desktops, laptops, and printers with after-sales onsite services.
We cater to government, private organizations, schools, colleges, and hospitals.
Assets Overview
Tangible assets: The business owns a commercial office of area 650 sq ft worth approximately INR 70 lakh located in Kachiguda.
Current stock and 2 cars worth INR 30 lakh.
Facilities Overview
The business operates from its own facility with an area of 650 sq ft. located in Kachiguda, Hyderabad, Telangana.
Capitalization Overview
The business has a CC limit of INR 10 lakh in SBI bank and is a sole proprietorship.
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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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