ITES System Integrator Turnkey Automation e-Governance Solutions Business For Sale

Business description

The Company is a leading System integrator in India incorporated in 1991, is a professionally managed, rapidly growing, multifaceted Information technology company. The company is providing complete turn key solutions on BOO & BOOT basis for automation and e-Governance solutions for Social Security, Citizen Identity, Land Records Registration, Education, Public Distribution System, Retail management, facility management services, Smart Cards applications, Document Management System (DMS), Work Flow Management, Manpower Deployment and a host of other application areas.

With the active participation of its multi-disciplinary Assignment Execution Team, the company has emerged as a leader in the ITES in India and has established itself in the field of software development, data processing, data conversion, digital printing, Digitization, System integration, smart card personalization, IT facility management and other IT enabled services.

Property information

Real Estate:

Real Property Included

Lease terms:

Renewable

Location:

Projects in hand

1. E- Governance: expected date of completion 2012 Value Rs. 1520 million ( US$ 38 m)
2. SEB meter reading with photograph of reading unit on the bill. Expected date of completion 2011 value Rs. 400 million. ( US$ 10 m)
3. Ration Card: expected date of completion 2011 Value Rs. 74 million ( US$ 1.85 m)

Projects under final state of negotiation

1. SEB HIGH TENTION spot billing. expected date of completion 2012 value Rs. 320 million ( US$ 8 m)
2. SEB Automatic meter reading. expected date of completion 2012 value Rs. 1020 million ( US$ 25.5 m)

Other information

Expansion potential:

Expansion in the same business line to a turnover of US$ 100 million a year

Competition / Market:

Opne tender based business....long term contracts

Support & training:

Ongoing Management support

Reasons for selling:

Personal reasons

Trading hours:

0900-1800

Financing available:

Yes numerous PE solutions

Related documents:

• IT E gov Co profile

Contact the seller