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e.Star Infotech Limited
Sector:IT IT - Software - Large
BSE:32417NSE:NABloomberg:ESTI@INReuters:ESTI.BO
Market Lot: 1Face Value: 2ISIN Demat: INE546B01020
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Business Profile
The company was incorporated during 1999. The company is based in Navi Mumbai, where it has its software development centre. The company is planning to acquire an area of 6000 sq. ft in the vicinity of IT park in New Mumbai. for carrying out software development and training activities

The company has partially commenced operations and for the period ended 31st March 2000, it has earned an income of Rs 1.6 crore, of which Rs1.3 crore is from trading of software packages which have been modified to enhance their functionality. The company has developed software packages in areas of sales, inventory and marketing for its corporate clients. It has also registered websites which are under the process of development. Some of these sites are Ebazaarindia.com, fun-n-funda.com,e-gemsindia.com,e-realestateindia.com etc.

The company had come out with its IPO during Feb 2000. The issue was of 40,00,000 equity shares of face value of Rs. 10 each at a price of Rs. 10 per share aggregating Rs.4.0 crore to part finance its project of Rs.11.2 crore. The issue proceeds will primarily be used for setting up of a software development centre employing around 250 people.The company proposes to develop software in the area of GIS, e-commerce, web technology and client server technology.
In Brief

 
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