NBFC for Sale in Karnataka, India
Firm involved in financing two wheeler vehicles under NBFC norms is up for sale.
This transaction has concluded.
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 147 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | NBFC |
| Locations | Karnataka |
| Local Time | 7:42 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
580 thousand
(Native Currency: INR 55,000,000)
Reason: Promoter wants to venture into different avenues.
Includes physical assets worth
USD
116 thousand
Interested to connect with advisors
Documents
Teaser
(364.1 KB)
ROC-Verification.pdf
(59.4 KB)
Business Overview
- Firm is into operations since 2002 having a Net Operating Fund of Rs. 4.84 crore.
- Typically to start an NBFC, along with the license a businesses entity needs to have Rs 2 crore of paid-up capital as well. Our business proposal provides an easy route to an acquirer to start / continue the NBFC business.
- Company also has cash reserve and marketable securities which will be transferred to the acquirer.
- Till date company has served 1,500 clients and has done a turnover of Rs 1.4 crore in the FY 16-17.
- The acquirer can either run the business under the same name or can effect the name change as per their requirement.
- Promoter have started running down the loan book since the last year as their business interests have changed.
- We had three branches running across Karnataka out of which one is permanently closed and two are operational at the moment.
- Typically to start an NBFC, along with the license a businesses entity needs to have Rs 2 crore of paid-up capital as well. Our business proposal provides an easy route to an acquirer to start / continue the NBFC business.
- Company also has cash reserve and marketable securities which will be transferred to the acquirer.
- Till date company has served 1,500 clients and has done a turnover of Rs 1.4 crore in the FY 16-17.
- The acquirer can either run the business under the same name or can effect the name change as per their requirement.
- Promoter have started running down the loan book since the last year as their business interests have changed.
- We had three branches running across Karnataka out of which one is permanently closed and two are operational at the moment.
Products & Services Overview
Two Wheeler Financing.
Facilities Overview
Based in Karnataka.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, Professional Services, Noida, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Civil Contractors, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDigital Marketing Manager, Gurgaon, Business Broker connected with the Business
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