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Western India based profitable Electronic Surveillance & Access Control Company is up for sale.

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Sameer Karulkar (Coverpage Ventures Advisory LLP)

Business Brief

Established in 2006, Project ORBIT is a pioneering Indian OEM in Access Control and E-Surveillance, offering proprietary, AI-enabled security products. It operates two synergistic verticals serving BFSI, Data Centers, Retail, and Warehousing.

Highlights:

Infrastructure & Capabilities:

Partners:

  1. Johnson Controls
  2. Godrej security solution
  3. Siemens
  4. Honeywell
  5. L&T Technology services and more

Business Divisions

  1. Access Control Solutions Division
  2. Electronic Surveillance Solutions Division

Products & Services

1. Access Control Solutions Division

2. Electronic Surveillance Solutions Division


Proposal

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Industry

Services

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Sub Industry

Security Technology Integration and Support

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Nature of Business

B2B

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Sector

Services

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Reason for sell-off

Strategic Realignment or Pursuing New Opportunities

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Location

India

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Region

Western

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Open For Dilution

100 % (Complete Buyout)

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Top Customer

  1. Crisil
  2. Paytm
  3. TATA Steel
  4. Schneider
  5. Lodha
  6. SBI
  7. PNB and more

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Deal Size

INR 80 - 100 Cr

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Justification

Based on market multiples

Financial Information 2024 (in Cr) 2023 (in Cr) 2022 (in Cr)
Sales 32.27 28.57 21.77
EBITDA 1.41 2.50 2.66
PAT 0 0 0

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