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IT Consultancy Company Seeking Loan in Bhopal, India

IT consultancy company catering to 35 clients seeks a loan.

Established 20-30 year(s)
Employees 500 - 1000
Legal Entity Private Limited Company
Reported Sales USD 30.6 million
Run Rate Sales USD 36 million
EBITDA Margin 6 %
Industries IT Consultancy
Locations  Bhopal
Local Time 2:54 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 2.4 million for 6.0% annual interest, 5 years (Native Currency: INR 200,000,000)
Reason: Need funds to complete the tender projects.
Collateral Available: USD 0
Includes physical assets worth USD 480 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- We are the technology partner for all leading industry OEMs such as Oracle, Microsoft, VMware, Redhat, HP Enterprise, IBM, Dell, Juniper, Cisco, Checkpoint, Arista, Fortinet, SonicWALL, Radware, Array Networks, etc.
- We are currently working with 35 clients. They are from multiple industries (SOftware development, IT services etc)
- One project usually takes 6-8 months to complete.
- We have strong Oracle ERP implementation & technical support practice and give services to multiple clients.
- Also started operations in mainland Dubai and expanded our reach to the Middle East & Africa region.
Products & Services Overview
We have successfully implemented many ERP, Software, and support, IT, Data Center / DR Sites, SmartCity Integrated Command Centers, BPO & manpower outsourcing/consulting Projects.
Assets Overview
Tangible assets include 300 computers, furniture, and fixtures.
Facilities Overview
The office space is leased for 20 years.
Capitalization Overview
- Promoter funding and some bank limits as of now.
- Shareholding vested with promoters' family as of now and have a turnover of almost INR 250 crores plus.
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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