Events and Entertainment Business Raising Funds In Kerala
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About Business
They provide top-of-the-line audio, visual, and lighting solutions for Corporate events, product launches, performing events, DJ parties, concerts, weddings, Fashion shows and more.
Clientele type
Every year, they cater to 300+ events that span across a diverse range of occasions and clientele. From corporate events organized by top-notch event management companies to extravagant celebrations hosted by 5-star hotels, resorts, and high-net-worth individuals, they have had the privilege of serving them all. As a testament to their exceptional service, they have been consistently ranked as one of the top vendors for renowned hotel chains such as Grand Hyatt, Le Meridien, and Taj. They have extended their base in South India, as they have successfully executed events in Tamil Nadu, Karnataka, Telangana and Andhra Pradesh.
Premises
LEASED
Lease per month (in INR): 1.00 L
Security Deposit (in INR): 4.00 L
Carpet Area: 7,000 sq ft
Asking Price Includes
1. Company will issue COMPULSORY CONVERTIBLE DEBENTURES (CCD) - Maturing in 5 years from the Date of Issue.
2. Company will pay (fixed) Annual Interest of 15% every year until CCD maturity.
3. Option to partially or fully exit the company after 5 Years.
Asking Price
INR 3.00 Cr
Minimum ticket size
INR 1.00 Cr
Reason
Raising Capital to Upgrade Inventory and Augment Services.
More Details
With a rich history dating back to 1963, their business has established itself as a reputable vendor in the South Indian market. As a third-generation enterprise, they have a deep understanding of the region's diverse customer needs and have garnered a loyal customer base. Additionally, they operate a fleet of five trucks which are utilized for transporting the top-of-the-line equipment.
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₹10 to ₹200 Cr
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