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:
- Discourages Bank Branch Fraud & Facilitates with criminal investigations
- Support Artificial Intelligence Systems to detect helmet, Face Mask & Loitering, Crowding & Camera Mask
Utility-
- Energy Monitoring to Control cost
- Automatic control of signage and lobby lighting to reduce labor requirements & energy use
- Smart ATM:
- Multilayered 24x7 Security and utility monitoring solutions for ATM sites
- Monitors and detect motion, glass breaking, intrusion, vibration and configured with object removal sensors & Panic Switch to seek emergency help
- 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
ServicesProposal
Industry
Security
Sub Industry
Electronic surveillance
Sector
Services
Reason for sell-off
Strategic Realignment
Top Customer
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 |