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Kanika Infotech Limited
Sector:IT IT - Software - Small/Medium
Market Lot: 1Face Value: 2ISIN Demat: INE173B01023
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Business Profile
Kanika Infrastructure & Power (KANIKAIN), incorporated in 1995, has business activities in software development, business process outsourcing, infrastructure and power. Earlier known as Kanika Infocom Global, it got its present name on Aug. 22, 2005. The company is part of the SK Mall group, a Rs 1 billion conglomerate with diverse business interests and presence in six countries.

The company provides information technology (IT) solutions and consultancy services. Solutions and services in IT include application development in client-server and 3-tier architecture; enterprise-wide turnkey solutions for the deployment of enterprise resource planning, customer resource management, and web applications; multimedia solutions including presentations, 2D and 3D animation, sound editing, and other services. It has an expansive 5,000 sq. ft. service center in Kolkota.

Resourcing high-end knowledge workers, the company has a corporate office in India with branches in USA, Singapore, UK and Malaysia. It has a joint venture with a China-based company for development of web-enabled financial software for the banking and insurance sectors. Kanika Infotech, Singapore and Kanika infotech, UK are two wholly-owned subsidiaries.

In power generation, the company has planned to set up a thermal power project in Chattisgarh, 2x6.0 MW hydel power station in Himachal Pradesh, and manufacture of solar cells in West Bengal.

The registered office is located at Crescent Tower, 6th Floor, 229, A.J.C. Bose Road, Kolkata-700025.

Kanika Infrastructure & Power registered a profit of Rs 2.67 million for the year ended March 2008.
It recorded a net sales of Rs 131.35 million for the year ended March 2008.
Total income was Rs 131.35 million for the year ended March 2008.

In Brief

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