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Surveillance Devices Company for Sale in Salem, India

Reputed system integrations company for government projects PWD class-1 groundwater RTDAS hydro control room.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 560 thousand
Run Rate Sales USD 1.34 million
EBITDA Margin 30 %
Industries Surveillance Devices + 1 more
Locations  Salem
Local Time 9:48 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.67 million (Native Currency: INR 150,000,000)
Reason: Looking for investment purpose.
Includes physical assets worth USD 223 thousand
Interested to connect with advisors
Documents
Business Overview
- Reputed systems integration company based in Salem.
- Company started operations in 2005 as a partnership and was re-established as a Pvt Ltd entity in 2020.
- We execute government projects only and have work orders for Smart City ICCC, CCTV surveillance & PWD department ground water circle division, real-time data acquisition systems for weather stations, rain gauge sensors, and automatic water level recorders for 5 districts in Tamil Nadu.
- Our work orders in hand are totally worth approx INR 89 crore (INR 12.71 - Smart City ICCC, CCTV surveillance & 76.5Cr PWD department ground water circle)
- Security deposit of all projects has been remitted but the promoters are looking to fund other ventures and plan to sell/liquidate company shares the company along with government projects.
- Project work for the work orders is yet to be initiated and the deadline for execution is 6 months.
- Our permanent employees are back-office staff and are transferrable to the new owner.
- The promoter is willing to support during the project transition as per the buyer's requirement.
Products & Services Overview
Systems integration projects - Smart City ICCC, CCTV surveillance, and hydro modeling control room at 5 district collectorates. Pwd class I contractor license.
Assets Overview
- Registered business entity and licenses.
- Office staff.
- INR 69 crore receivables from the government on work order completion.
- Security deposit remitted for ICCC project and PWD WRD INR 19.9 crore.
- Project implementation cost INR 8cr already spent on interiors, electronics, and smart elements.
Facilities Overview
Rented small office in Salem for back-office staff. We receive government work orders and execute them onsite.
Capitalization Overview
2 equal shareholders. The business is self-funded and CC account available INR 7cr.
As of now business run from revenue of O&M payments from the existing projects.
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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