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IT Consultancy Company Investment Opportunity in Thane, India

Company provides IT resources on a contractual basis and has grown manifold in recent months.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 20 - 30 thousand
Run Rate Sales USD 110 thousand
EBITDA Margin 20 - 30 %
Industries IT Consultancy
Locations  Thane
Local Time 12:44 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 18 thousand for 25.0% stake (Native Currency: INR 1,500,000)
Reason: To meet the increasing demand.
Interested to connect with advisors
Documents
Business Overview

- Company offers quality IT resources like project managers and developers on a contractual basis.

- Offer IT resources to companies in the BFSI, technology, and manufacturing sectors.

- The company has renewable contracts with a minimum duration of 6 months.

- Have 6 clients which include companies like Tata Technology.

- Tata Technology has been a client for the past 2 years.

- All our clients pay us on a monthly basis.

- The demand for our services has risen manifold in recent months.

- Owner and a company salesperson acquire clients.

- The owner has prior experience of 12+ years in the field of IT sales.

Products & Services Overview

Solely focused on providing quality IT resources. We mostly work at the premises of our clients on a contractual basis.

Assets Overview

Currently we do not hold any assets.

Facilities Overview

- We usually operate from a shared office in Thane closed to Mumbai for which we pay a rent of INR 10,000 per month.

- Due to the pandemic, all our employees are working remotely. Therefore, we are not using that space and not paying any rent for it as well.

Capitalization Overview

1. Business is funded by directors. There are 2 directors. 1 director is holding the major stake and the other director has a minor stake.

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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