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Internet of Things Company Seeking Loan in Hyderabad, India

MSME firm with an INR 600 cr streaming revenue contract, ITS, IOT & fleet management.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 700 - 800 thousand
Run Rate Sales USD 1.64 million
EBITDA Margin 18 %
Industries Internet of Things
Locations  Hyderabad
Local Time 1:50 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 296 thousand for 16.0% annual interest, 2 years (Native Currency: INR 25,000,000)
Reason: To buy few more bus. To offer margin money for issuance of BG to get Govt subsidy (VGF) Working ca... View More
Collateral Available: USD 213 thousand
Includes physical assets worth USD 2.6 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
This tech-enabled firm offers fleet management solutions and provides ITS & IoT, and smart mobility solutions, with AI-powered analytics for fleet operations in smart cities in India.
Started in 2009, and been a profitable entity for the last 6 years.
3 public sector & 2 private sector clients.
The growth rate is expected is phenomenal.
The company has two directors.
Promoter- Director: BE. , MBA.
More than a decade in business and through good strategies enhancing the growth of the company year on year. Recently, From a 4 crore turnover, the business is getting enhanced to a 70 crore turnover.
Since the contract is over and 8-year period, we expected to earn a revenue of INR 600 cr.
Gross profit is good.
It is the promoter director's dedicated effort to take the company to stupendous growth.
Another director is an MS in computer science. His earlier stint was in INTEL USA product development and holds a few patents.
Business relationship with the public sector is excellent and hence able to get high-volume contracts. One public sector organization is more than a decade of business relationships.
Received HUDCO award,
SKOCH Award,
World Bank accolades.
The market size is 10,000 crore in 3 year period.
All diesel buses have to be discarded shortly and hence the business potential of CNG and EVs is huge.
The revenue collection is expected to be INR 6,000 per bus per day is the expectation and already reaching 5,000 per day.
No government interference in our collection during operation and maintenance.
Direct collection details are obtained with our Revenue Management SW, within a few minutes.
Bus depots and other infrastructure facilities are provided by the government.
Supply, operating & maintenance can be undertaken in 3 phases, with 100 fleets in each phase. nearing the completion of the first phase.
Please go through the attachment (Pitch report where we have given a detailed working of projected P&L) Equity. option is also possible.
Up to 26% dilution of shares.
The business is operated from Bhopal but the head office is in Hyderabad.
Products & Services Overview
Products and solutions:
Smart mobility,
Smart waste management,
Smart bin,
Bus electronics, VTS solutions, a smart bin for waste management, web development for the global clientele, GPS-based real-time fleet tracking & CCTV services, sensor integration for fuel, temperature, and panic buttons, integrated MIS & SAS for public transport operations, PIS and PAS, the automated fare collection system, bus transport revenue management software, and other software development.
Assets Overview
Physical assets worth INR 25 crores are the end products, { i. e} fleets, computers, printers, furniture, and fittings. We recently purchased new 77 buses.
Facilities Overview
Business is operating on the rented property with a built-up area of 2,500 sq ft. The monthly rent of the property is INR 20,000.
Capitalization Overview
State Bank of India.
Directors' contributions and loans.
Unsecured loan.
Govt subsidy of 40% of total capital cost. 11.50 lacs for every bus. (11.50 crore for 100 bus. )
2 directors.
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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