RFID Systems Startup for Sale in Salem, India
|Employees||5 - 10|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 140 thousand|
|Run Rate Sales||USD 800 thousand|
|EBITDA Margin||20 - 30 %|
|Industries||RFID Systems + 1 more|
|Local Time||11:50 PM Asia / Kolkata|
|Listed By||Business Owner / Director|
- 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, and CCTV surveillance & biometric attendance systems for backward community government hostels across Tamil Nadu.
- Our work orders in hand are totally worth approx INR 16.71 crore (INR 12.71 - Smart City ICCC, CCTV surveillance & biometric attendance system - INR 4 crore)
- Security deposit of all projects has been remitted but the promoters are looking to fund other ventures and plan to sell 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.
Sytems integration projects - Smart City ICCC, CCTV surveillance, and biometric attendance systems.
- Registered business entity and licenses.
- Office staff.
- Work orders worth approx INR 16.71 crore.
- Security deposit remitted for all projects.
Rented small office in Salem for back-office staff. We receive government work orders and execute them onsite.
1 week agoFounder & CEO, SHS Advisory Group, Chennai, M&A Advisor accepted business proposal
1 week, 6 days agoMember, Incubator, Chennai, Corporate Investor / Buyer accepted business proposal