Well - Developed IT Software Products for Co-operative Banks & Pharma Companies are Available for Sale

Listing ID: SL007714
Posted By: Owner
Last Active: 1+ year ago
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Product / Service

On-line Audit for Banks, Asset Management, Inventory Management, Quality Control Management

Clientele type

Co-Operative Banks, Pharma Companies

Premises

Rented office in Mumbai

Asking Price Includes

Mentioned Software Products

Reason

Retiring from Business, Next generation is not interested in this line.

Other Details

This IT company is incorporated in the year 1994
The Company has developed IT Software Products for Co-operative Banks and Pharma Companies
They have sold this products to well-known 7 to 8 Co-operative Banks based in Mumbai including Mahanagar Bank, Saraswat Bank, Abhudaya Banki
Clients in Pharma includes - Merck India & P&G (Mumbai)
They are generating revenue from charging 10% AMC from these products

About Products-
1) Auditing Software - Design to provide complete functionality of Auditing of Banks. It is a Fully Automated online auditing software that captures online queries and remarks by auditors.
2) Asset Management Software - This Software provides tracking of Fixed Assets using Barcode and also allows to calculate depreciation of Assets with different Depreciation Methods
3) Quality Control Software - This Product provides check on Quality control to Pharma Companies

The Company has stopped marketing of these products as next-generation is not interested in the business.
But the Product has huge potential to capture the Market by pushing these products to Banks & Pharma Companies
Last Year Turnover from these products is around INR 30 to 35 Lakhs
Net Profit Margin is around 50 to 60%
Asking Price of INR 1 Cr includes Above 3 Products

Keywords

Business Tags

Good reputation High Potential

₹10 to ₹200 Cr

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