Profitable Cable & Multi-System Operator Looking to Raise Funds

Listing ID: SL007603
Posted By: Owner
Last Active: 1+ year ago
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Product / Service

Digital cable tv, Broadband, IPTV

Clientele type

320 distributors

Premises

A rented property with an area of 5000 sq ft
Monthly Rent is INR 50,000 and 6 months of deposit

Asking Price Includes

25% stake for INR 5 cr and full business in INR 20 cr

Reason

Need funds to expand business

Other Details

The Business is started in the year 2009 and it's registered as a Private Limited Company
They are Multi-system operator, involved in selling of Digital cable TV, Broadband and IPTV
Management has 25 years of experience in this field.
The Business has good market acceptance, technology strength, future-ready network
Monthly sale of business is INR 70 Lakhs and expenses are INR 7 Lakhs
Per month Net Income is INR 22 Lakhs
They have taken a bank loan of INR 1.5 cr
Currently, they have 320 distributors in Hyderabad
Company wants to expand its business in Broadband and IPTV.
For that, they are looking to raise fund of INR 5 cr for 25% Equity.
Also, open for Full Sale in INR 20 cr

₹10 to ₹200 Cr

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