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Shell Company for Sale in Coimbatore, India

For sale: Non-operational software company with significant forward losses.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 5.6 thousand
Run Rate Sales USD 67 thousand
EBITDA Margin Nil
Industries Software Companies + 1 more
Locations  Coimbatore
Local Time 1:36 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 56 thousand (Native Currency: INR 5,000,000)
Reason: The owners wish to sell the company as it is no longer in use and believe someone else can better ma... View More
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Business Overview
- The company is non-operational and was originally registered to develop software.
- It carries significant forward losses and is available for sale.
- There are no active operations and it may be suitable for tax offset for the next five years.
- It is registered as a private limited company with GST.
Products & Services Overview
Non-operational shell company in Tamil Nadu, originally registered for use in software-related activities and had 10 years of operating history and profitable post Covid business scaled down and an acquisition did not go well hence the losses. Now company is not functioning.
Assets Overview
The company has no tangible assets.
Intangible assets:
- Private limited entitty with gst registration.
Facilities Overview
The business has no facility as it is non-operational.
Capitalization Overview
This is a self-funded company with no debt or loans. There are 3 major shareholders.
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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