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Shell Company for Sale in Kolkata, India

For Sale: Non-operational enterprise solution provider to core industrial sectors like power, mines, steel, and railways.

Established 20-30 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Enterprise Software + 1 more
Locations  Kolkata
Local Time 6:11 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 7 thousand (Native Currency: INR 500,000)
Reason: - The company has not been active since 2016. - Owner is looking to sell the entity to an existing ... View More
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Business Overview

- Kolkata-based enterprise software company that provides IT-enabled and R&D-based solutions.

- Company went inactive in 2016 and was struck off from RoC due to not carrying operations for a period of two financial years and non-filing of reports during that period.

- While operational, we dealt with both government and private clients in 40 industries.

- Clients included NTPC Ltd, Coal India, PPCL, and SEC (Saudi Arabia)

- Our mine management systems were implemented in 3 large subsidiaries comprising a total of 20 mines under Coal India.

- To reinstate the company, the buyer will have to file an appeal to NCLT and submit a petition with RoC. The promoter is willing to support the buyer in the revival/reinstating process.

- The firm has developed IoT-based solutions for the railway, residential flat management suitable for handling pandemic situations, and a grocery eCommerce solution. If the buyer is interested in these projects, they can demo them and negotiate a price. These projects are not included in the asking price.

Products & Services Overview

Mine management system, ad-hoc software and ERP implementation.

Assets Overview

Legal entity and work completion certificates.

Facilities Overview

There is no facility as the company is inactive.

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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