↩ Go Back
Need help?

Vehicle Rental Company Investment Opportunity in New Delhi, India

One of the oldest and most awarded (by Govt of India) car rental company in India.
This Business is on a Premium Plan
Established 80-90 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 5 - 6 million
Run Rate Sales USD 17 million
EBITDA Margin 10 - 20 %
Industries Vehicle Rental
Locations  New Delhi
Local Time 8:40 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 10.7 million for 45.0% stake (Native Currency: INR 900,000,000)
Reason: The market is getting reorganized since Covid, we foresee a massive upside vis-a-vis revenue with go... View More
Includes physical assets worth USD 5.9 million
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Received over 30 national tourism awards.
- < 100% Y2Y growth. Pre-Covid sales stood at INR 140 crore and we have now recovered to that level.
- Clients include Google, JP Morgan, Samsung, BNY, BCCI, BMW, Hughes, Citi Bank, Bain and co, EY.
- We have 3-year contracts with these corporate clients.
- We get customers due to a strong sales and marketing team:
• Social media team of 2.
• B2B sales team of 15.
• B2C sales team of 4.
- Revenue split between domestic and international is roughly 88:12 respectively. (India and GCC operations).
- Mixed model of employment. 160 drivers are on our permanent payroll while 340 are business partners.
Products & Services Overview
Complete car rental solutions with options for renting SUVs, luxury cars, and even self-drive cars. We also provide:
- ETS (employee transportation services)
- Corporate car rentals.
- Fleets for events.
Assets Overview
Tangible assets - Fleet of 390 vehicles with a value of about INR 47 crore; other assets like servers, computers, solar panels, and office fixtures have a value of INR 3 crore.
Facilities Overview
20,000 sq. ft. head office, owned by promoters in the southern part of New Delhi.
Capitalization Overview
The business's debt is INR 40 cr and its equity is 13 cr.
The company has three shareholders (all from the same family) in a 49:26:25 split.
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor contacted this Business this month. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more