Business Details

Acquire a well-established IT company which started its operation in the year 2002. It is a sole proprietorship. It is part of an IT group based in Northern India with hardware and networking solutions and maintenance in Jharkhand, West Bengal, Orissa, Bihar and other states. Group also excels in the field of fiber optic data communication, wireless communication, telecommunication and providing world class IT related services and solutions under its well-known brand name. It is a vendor of the "TATA Group". Business associated with big giants like Tyco Electronics (AMP), CISCO, D Link, Samsung, HP, Microsoft, Intel, AMD, Sony, Canon, TVSE, LG, Frontec, Moserbear etc. Currently there are 20 employees which can be enhance up to 50 employees. Turnover in the year 2012 - 13 was INR 1 Cr.+ and in the year 2013 -14 was INR1.1 Cr.+. Profit for Assessment Year 2014-15: INR 11 Lakhs+. Due to family issues the owner wants sell it. Asking price: INR 7.5 Cr.