Newly Established Testing, Inspection & Certification Business Seeking Loan in Ahmedabad, India

1. The business operates in the Testing, Inspection & Certification industry in Ahmedabad, focusing on certifying the fitness of commercial vehicles, a service that is certified by the government.

2. Our business currently has 40 employees spread across different branches and is involved in a semi-monopoly business with high returns, particularly in the area where it is in Ahmedabad.

3. The business has a public-private partnership (PPP) with the Gujarat government, securing a 10-year contract related to the fitness certification of commercial vehicles.

4. There are currently 40 such certification centers in Gujarat, and the business already owns 5 of those centers, indicating a strong market presence and potential for expansion.

5. The business was active for only a few months last year, with reported sales capturing only the sales of the last quarter, suggesting potential for growth and increased sales performance with sustained operations throughout the year.

6. The business's focus on certification for commercial vehicles aligns with the increasing demand for compliance and safety standards in the transportation industry, indicating a potentially lucrative market opportunity.

7. The investment opportunity offers potential for long-term stability and growth through a government contract, as well as the opportunity to capitalize on the essential nature of the services provided in a key sector of the economy.

8. We generate revenue from the vehicle owners for our services.

We certify the fitness of commercial vehicles. We are certified by the government to be involved in this activity.

The tangible assets include -: Testing equipment, DG sets, CCTV systems and servers.

We currently have -:

- 4 centers in Ahmedabad, Baroda, Rajkot, and Gandhidham which are operational.

- 1 under construction in Valsad.

- 3 are being planned in Morbi, Palanpur and Jamnagar.

A new center requires a minimum area of 3,200 sq meters and is fitted with all automated testing equipment.

The owner currently holds 100% of the company. The business has a loan of INR 11.25 crores from the bank.