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Products/Service

The company is operational since 2007 and is registered as a sole proprietorship entity.
It has valid PSARA license for Maharashtra, Goa, Karnataka, Telangana, Tamil Nadu and application for Delhi, Haryana, UP and Rajasthan is under process. They are hundred percent statutory compliant company and all the dues are paid on time and record to that effect are maintained and cent percent minimum wages are followed and are paid to all the staff.
SERVICES
Security Audit, Static Guard Basic-Duty, Mobile Security Patrol, Traffic Management of Parking Space, Armed Security, Cash Transportation Services, Fire Safety & Fire Fighting Including Damage Control, Intelligence and Investigative Services.
They have dedicated Training Infrastructure and all personnel are trained before deployment and hundred percent Police Verification is carried. In-house training to prepare for competitive entrance examinations for entry into the Armed Forces / Paramilitary / Police forces & to train them as Security Guards.
Clients
PSU banks, Central Universities & Institutes, Nav-Ratna companies, Educational Institutes and various other private software and Industrial Units.
It is being managed by Retired Defence Officers and has branches in Tamilnadu, Karnataka, Hyderabad, Maharashtra, and Goa. Planning to start in Delhi & NCR. They have approx 1354 personnel on the payroll. There is no Union in the Company and all necessary lab license and dues are paid in time and there is no liability with respect to any statutory payments. All agreements are signed and clause containing the increase in VDA and arbitration is included in the Agreement.
The total area of the premise is 3000 sq.ft. which comprises of office and training space. Total employees working are more than 300.
More than 70% revenue is from Guarding Services, nearly 25 % from Cash Transit Services and remaining from fire services and electronic security and other audits which they normally do it as a promotional aspect.
The last FY turnover for 2017-18 was Rs 33.78 Cr with net profit INR 2.50 Cr. Asking price is INR 35 Cr. (Asking price is for the client base, reputation, and goodwill of the company. Office and land are not included).

Reason

The Proprietor has got interested in other business & unable to focus thus wish to sale.

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