Growth Compusoft Exports Limited

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  • Issue Opens :
  • Issue Price: Rs. 60 /- per share (FV - Rs.10/-)
  • Issue Size: 12,50,000 shares amounting to Rs.7.5 crore
  • Registrars to the Issue: Maheshwar Datamatics Pvt. Ltd.
  • Issue Closes:
  • Minimum Application: 100 shares @ Rs.30/- each
  • Post-issue promoter’s stake: 75%
  • Lead Managers: Financial & Management Services Ltd.

Listing on: Delhi, Calcutta and Ahmedabad Stock Exchanges

Highlights of the Issue

  • Ahmedabad-based company. Entered the industry in 1990.
  • An existing profit making Total IT Solutions Provider, engaged in activities like Software Development, System Integration, Internet Services, Networking Integration, IT Consultancy, Web designing & hosting etc.
  • Expanding into diversified services and products like Multimedia and E-Commerce.
  • ISO-9002 Certified for manufacturing and servicing of computer systems from micro to high end servers by M/s SGS Yarley International Certification Service Ltd., UK.
  • Continuous profit making and dividend paying record for the last 7 years.

  • Member of Microsoft OEM System Builder Program, INTEL-ISP Program and GID program of Intel.
  • ORACLE PARTNER for development of software on Oracle Platform.
  • ISP license from Government of India has been granted to the Company for providing Internet and related services in the State of Gujarat.
  • Member of apex bodies like NASSCOM, MAIT, ISPAI, GESIA, ESC, ACMA.
  • RBI permission for setting up and investing in wholly owned subsidiary in USA has been received.
  • Marketing Agreements with M/s Datapro Informatics Services Limited, Mauritius and M/s Finite Solutions, Inc. USA for marketing of its services and products.
  • Existing Clients include SGC Pharmaceuticals Ltd., Torrent Pharmaceuticals Ltd., Arvind Mills Ltd., Tata Telecom Ltd., Space Application Centre, Gujarat University, North Gujarat University, Dept. of Telecommunication and Gujarat State Govt. Depts.
  • Funds would be used to set up a software facility, application service provider for business applications, to set up an overseas subsidiary in US and to meet the working capital requirements of the company.
  • Application by NRIs/OCBs is to be made only on a non-repatriable basis and on NRO account.
  • Shri Sohan Lal Khemka, Sidharath Khemka, Suyash Khemka and Manjula Khemka have promoted the company. All the family members represent the company board.
  • Company has good clientele but does not have strong supporters and looks like a family run business.

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