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NBFC for Sale in Greater Noida, India

For Sale: Nidhi company with 900+ members and one operational branch in Noida.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Public Limited Company
Reported Sales USD 24 thousand
Run Rate Sales USD 26 thousand
EBITDA Margin 14 %
Industries NBFC
Locations  Greater Noida
Local Time 2:45 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 30 thousand (Native Currency: INR 2,500,000)
Reason: The owner is selling the business as they are not able to commit time and resources required for thi... View More
Includes physical assets worth USD 9 thousand
Interested to connect with advisors
Documents
Business Overview

- Nidhi company that provides loans and receives deposits from retail and B2B clients.

- We offer products and services like savings accounts, recurring deposits, fixed deposits, demand deposits, debit cards, and net banking.

- Our savings account has a virtual account in collaboration with Yes Bank and it is our most availed product.

- Company has disbursed loans worth INR 6 lakh at an interest rate of 22%.

- Have total deposits worth INR 1.3 lakh and we offer a rate of 5% on our savings accounts.

- We have 150 salary accounts that have regular monthly deposits. The remaining accounts do not have a fixed frequency of deposits.

- Apart from the interest, we have other recurring revenue sources like fees charged for ATM services, SMS banking, non-maintenance of account, and issuing a second passbook.

- Our annual net profit for last year was INR 2.5 lakhs.

- The company has a website and Android mobile application that were developed by a third party.

- This Nidhi company is registered in Ghaziabad with its head office in Greater Noida.

Products & Services Overview

Savings account, fixed deposits, recurring deposits; and services like net banking, debit cards, and ATM cards.

Assets Overview

Physical assets include the complete office setup with air conditioner, computer, printer, chair, inverter battery, passbook printer.

Intangible assets include our mobile application and website.

Facilities Overview

The rent for the office is INR 5,000/month and electricity charges are additional.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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