BUSINESS BRIEF

It is a private player in the Electronic Access Control & Security domain. It is known as an innovative R&D driven solution partner for BFSI, Retail end customers.

  • Key innovators in integrated security panels for both ATM networks of Banks and also in/on-premise facilities as well as the Retail industry. Brings in all aspects of domain knowledge, technology, safety and security, energy saving and operations
  • Company owned facilities and Lab spread over 1400 sq mts. located in Western India
  • It caters to both MNC and Indian clientele meeting their stringent norms. Only one in India to have in-house GPU Processing capability


Surveillance Solutions Suite:

  • Smart Branch:
  1. Discourages Bank Branch Fraud & Facilitates with criminal investigations
  2. Support Artificial Intelligence Systems to detect helmet, Face Mask & Loitering, Crowding & Camera Mask

       Utility-

  1. Energy Monitoring to Control cost
  2. Automatic control of signage and lobby lighting to reduce labor requirements & energy use

  • Smart ATM:
  1. Multilayered 24x7 Security and utility monitoring solutions for ATM sites
  2. Monitors and detect motion, glass breaking, intrusion, vibration and configured with object removal sensors & Panic Switch to seek emergency help
  3. Artificial Intelligent Support with Single or Dual camera, for Four Events ( Helmet & Face Mask, Loitering, Crowding, & Camera Mask)

  • Multi-location Remote surveillance platform

 

Transaction Rationale:
The Company wants to focus on Access Control as the core and Divesting the e-Surveillance Business. While the expectation is for divestment of complete 100% of the equity stake in the e-Surveillance business, the founder is open to keeping a small minority stake, if the new strategic shareholder desires with a defined agreement to buy out the shareholding post a
specific period

 

Business Divisions

Services
Proposal
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Industry

Security

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Sub Industry

Electronic surveillance

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Sector

Services

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Reason for sell-off

Strategic Realignment

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Top Customer

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Deal Size

INR 65 - 70 Cr

Business Operation Information
Financial Information
2023 (in INR Cr) 2022 (in INR Cr) 2021 (in INR Cr) 2020 (in INR Cr)
Sales
18.40 14.98 13.25 10.28
EBITDA
PAT
N.D N.D N.D N.D
Business Documents