- Existing profit making company carrying on business of
software development, computer related products and services and document protection
systems.
- The company has a technical tie-up with a Denmark based
company, "Supercard APS".
- The client list include Keltron, HAL, governments of Andhra
Pradesh and Gujarat, Income Tax Dept, BARC and many others.
- Mr. Rajpurohit, who is well educated having over 3 decades
of experience, has promoted the company along with his family members.
- Total Income has increased from Rs.626.6 lakhs in FY97 to
Rs.677.25 lakhs FY99 and net profit had decreased from Rs.19.95 lakhs to Rs.10.05 lakhs.
During the 9 month period ending December 1999, the total income was Rs.661.5 lakhs and
net profit was Rs.39.39 lakhs.
- The Company has orders worth Rs.23 crores on hand.
- There are another three companies managed by the promoters,
all of which are profit making organizations.
- Of the above, 12,00,000 shares reserved for NRIs/OCBs/FIIs.
They can apply on NRE/FCNR accounts.
- Additional 12,00,000 shares of the above are allotted to
Financial Institutions.
- Scrip can be an average recommendation.
. |
