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Industry:IT Services Sector:Software Development, Consultancy, Staff Augmentation Looking for (Transaction type):Complete Acquisition and Immediate exit State:Maharashtra City:Mumbai Number of customers:22 Nature of organization:Private Limited Establishment year:2003 Staff size: 220 Office details: 13119 sq. ft. Reason for sale:Personal and Family Sensitive. Our Client is an award-winning SME Company in the Software Development space located in Mumbai. The Company was established in 2003. They are focused on serving Banking and Financial Services Industry, their Customers are some of the heavyweights in the Indian BFSI Industry, with 80% of Revenue coming from this Industry and they confidently claim Domain Expertise in the BFSI Industry. This has enabled them to completely develop 3 Non-Core Banking Software Products in-house and deploy them in the Industry. They are Specialized in Enterprise Application Development, Digital Transformation over Web, Mobility, Cloud and more. The Company also has an excellent track record of providing IT Staff Augmentation. The Company is professionally managed and has no dependency on the Promoter for day-to-day operations. Revenue and Margin Split per Line of Business for F.Y. 2018-19 {in INR Millions} Products Projects Staff Aug Others Total Revenue 36.41 109.82 63.39 0.87 210.49 Direct Cost (13.89) (76.20) (50.06) (0.54) (140.69) Contribution 22.52 33.62 13.33 0.33 69.80 Contribution margin 61.85% 30.61% 21.03% 33.16%
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