- Profit making Infotech Company for the past 8 years
promoted by Leading Listed Telecom Software & I.T. major.
- Engaged in providing Communication Software &
Networking, web/Internet & e-Comm solutions which are considered to be high
growth areas at present.
- Has presence through out the country with offices in
various cities and also in international market with an office at Toronto, Canada.
- Part of the Eider Group which has other companies like
Eider Finance, Eider paging, Eider Communications, Eider Technologies and many others.
- Total Income increased from Rs 973 lakhs in 1997 to Rs
2620 lakhs in 1999 and the net profit increased from Rs 61 lakhs to Rs 211 lakhs during
the same period. For the six month period ending December 1999, the total income was Rs
2294 lakhs and the net profit was Rs 201 lakhs.
- Issue proceeds would be used to finance the project in
E-commerce distribution network for commercial sales of products and items. It would also
be used for E-commerce gateway, to set up global web portals and to install latest
equipments for providing software solutions.
- Smt. Rama Sinha, who has an abundant experience in
telecommunications, has promoted the company.
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