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IT Services Company Seeking Loan in Jabalpur, India

Provide IT services and systems to mostly Government clients that we acquire through tenders.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 80 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin 35 %
Industries IT Services + 1 more
Locations  Jabalpur
Local Time 3:59 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 24 thousand for 20.0% annual interest, 3 years (Native Currency: INR 2,000,000)
Reason: Working capital for working on active projects.
Collateral Available: USD 6 thousand
Includes physical assets worth USD 12 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We are an IT Services and software provider that develops applications and services to solve problems stated by our clients.

- Our clients are mostly Government clients and we acquire them through participation in tenders.

- Currently working on 5 active projects. We have participated in over 10 tenders apart from this.

- We are very selective about participating in tenders and clients. We also work with 2 to 3 multinational companies.

- Have mostly been working within Madhya Pradesh but we can work on a global basis.

- Promoter has over 7 years of experience working in the field of IT services and products.

- Company's physical assets include laptops, servers and furniture.

Products & Services Overview

- Products include a bus terminal management system, integrated traffic management, parking enforcement systems.

- Services include IT operations of bus terminus, IT operations of eNotice, IT operations of parking enforcement system.

Facilities Overview

2,400 Sq Ft development center & corporate office on rental basis.

Capitalization Overview
Not Disclosed
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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