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Staffing Company Investment Opportunity in Pune, India

IT services and staffing company established in Pune seeks financial investment.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 22 thousand
Run Rate Sales USD 120 thousand
EBITDA Margin Nil
Industries Staffing + 1 more
Locations  Pune
Local Time 1:40 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 60 thousand for 25.0% stake (Native Currency: INR 5,000,000)
Reason: We are seeking investment for working capital requirements and business expansion. The valuation is ... View More
Includes physical assets worth USD 3.6 thousand
Interested to connect with advisors
Documents
Business Overview

- We are an IT consultancy.

- Our average turnover was around INR 45 lakhs before Covid.

- Last year, our sales were affected due to covid and we generated INR 18 lakhs. However, for the current year, we are expecting to generate close to INR 1 crore.

- We also have got a few staffing contracts and projects from reputed customers which is the reason for high growth.

- Currently, we have 4-5 active customers.

- Our revenue split is equal between staffing and IT consultancy.

Products & Services Overview

We provide services such as oracle DBA/apps DBA services, staffing/manpower, SoW based application development works, engineering and IT implementation projects.

Assets Overview

Physical assets include office furniture and laptops.

Facilities Overview

We are using a shared office with a rent of around INR 40k per month. The area of the facility is 1,400 sq ft. Work from home is a more preferred activity.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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