Deal Description

1) Company Information: The company, established in 2015 in Mumbai, is a prominent IT solution provider and manufacturer. They are a premiere partner of a leading brand of ATMs and offer self-service IT solutions across diverse sectors such as banking, telecoms, utility bill payments, entertainment, and more. Their comprehensive offerings include hardware, software, and services. With a strong global presence, they specialize in customized solutions, bolstered by copyright designs and a growing intellectual property portfolio. The company's experienced management team and impressive sales growth underscore their industry leadership and growth potential.

2) Requirements: The company is seeking investment to further fuel its growth and expansion plans. They aim to amplify their international presence, develop advanced technology solutions, enhance services, and achieve accelerated growth. Specifically, they have secured significant contracts for the supply of kiosks, software, mobile apps, and managed services. Additionally, they plan to tap into untapped export markets, expanding their reach and influence.

3) Financial Details:

• Sales Growth: Achieved 32% sales growth in 2023, with strong projected growth in the international market.
• EBITDA: Projected EBITDA of 24 cr for the next three years, indicating substantial profitability.
• Market Share: Boasts over 50% market share in Cooperative Bank ATM business and more than 35% market share in banking kiosk business.
• Financial Projections: Projected sales of 42 cr for 2026 with a CAGR of 28% for the next three years.
• Order Book: Secured significant agreements with renowned PSUs, large companies, and state governments, with values reaching Rs 100 Crore+ to be executed over multiple years.
• Global Reach: Expanding into untapped export markets, with established partnerships in various countries.

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