RFID Systems Company Investment Opportunity in Mumbai, India

- Company does research, reselling, and maintenance of RFID systems.

- Our clients include Fortune 30 customers like Verizon (customer for 9 years) and others like Orange Business Systems, DOD, and Apollo Hospitals.

- Developed in-house solutions and own 14+ copyrights. We have our own Patents, the last one of which was awarded in June this year.

- Three revenue streams:

• Sale of our tech and products through licensing.

• Supplier for end-to-end solutions that include hardware and software.

• AMCs at 10% order value.

- Our end-to-end solutions and life cycle support are well known in India and abroad.

- Globally serviced clients including systems for sovereign governments in the Middle East and in West Africa.

- Most clients turn into repeat clients and opt for AMC from the company.

- Clients span industries like corporate, healthcare, amusement parks, aerospace, DOD, and retail.

- The company is family owned with the family members owning 99%. The remaining 1% is held by SIDBI.

- Company has loans with a pending amount of INR 2.5 crore.

- Founded 14 years ago as a Pvt ltd firm for focussing on RFID/IoT solutions.

- The founder is an Indian Navy veteran and a serial entrepreneur who founded high-tech companies whilst in service and thereafter. They successfully sold their first business with a patent to Ingersol Rand (a Fortune 500 company) in 2005 and helped them settle their business here by working as the country head for 2 years.

- The founder has a rich experience of 40+ years in high technology and is a distinguished postgraduate in technology.

We provide end-to-end solutions in the field of RFID and IoT. We also provide consultancy services in the field of Automation. Developing SaaS asset management capabilities to help MSMEs, asset leasing companies & corporates.

Company-owned tangible assets include test instrumentations, test readers, antennas worth almost INR 1.5 crore; PCs, laptops, and miscellaneous office equipment across two offices worth INR 1.5 crore.

Intangible assets include IP valued at INR 70+ crore. The latest patent in emergency evacuation using RFID has very wide usage in corporates, oil & gas, and other sensitive businesses all over the world.

We have two promoter-owned offices in Mumbai and Pune worth INR 1.5 crore and INR 3.5 crore respectively.

We have our own offices in Mumbai and an R&D office in Pune that's in the midst of the electronic center of Kharadi). The area of the Mumbai office is 1,650 sq. ft. and at Pune is 1,850 sq. ft.

Both offices are promoter-owned.

Family funded with LAPs against office spaces. All 3 directors are from the family + 1% shareholding with SIDBI. The total paid-up capital is INR 2 cr and the authorized capital is INR 3 cr.