For sale: Well-established IT/ITES business that exports it’s services to USA, UK, Canada, and Australia

Business Overview

– Our business is engaged in offering e-commerce and web portal back-end operations, healthcare applications, hospital management software, and telemedicine software along with testing, and maintenance services.

– We have long- term contracts with 6 overseas clients. We export our services to USA, UK, Canada, and Australia. We have 95% of the export business with the ongoing projects.

– Also have 30 regular clients in the healthcare sector in India.

– The business does not have any loan or overdue and has a high EBIDTA and positive cashflow.

– The business has 2 directors, one with 95% stake and the other has 5% ownership.

– Our business is headquartered and registered in hyderabad.

– We have 3 SEZ units in 3 cities with an income tax exemption license of 8+ years.

– The promoter has 20 years of experience in this industry.

Products & Services Overview

E-commerce and web portal back-end operations, healthcare applications, hospital management software, and telemedicine software along with testing, and maintenance services.

Assets Overview

Complete office set-up for 3 offices that includes computers, air conditioners, office furniture, UPS, generators, transformers, 2 employee buses, MAT credit of INR 1.5 crore and rental deposit of INR 1 crore.

Facilities Overview

3 branches in special economic zones in 3 different cities close to 30,000 sq. ft. well furnished offices that can accommodate close to 1,000 people.

The total monthly rent paid is INR 4 lakh.

Capitalization Overview

Self funded.

– 2 Directors.

– Positive cash flow since inception.

– Balance sheet: INR 20 crores.

– Authorized capital: INR 10 crores.

– Paid-up capital: INR 9.9 crores.

– No loans & No debts.

– No investments.

– INR 3 Cr SEZ MAT credit.