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Proto Developers & Technologies Limited
Sector:Others Others - Miscella - Others
Market Lot: 1Face Value: 1ISIN Demat: INE749D01026
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Business Profile
Proto Developers & Technologies (PROTODEV), incorporated in 1994, is in the business of real estate, communication and basic amenities products. Formerly known as Proto Infrastructure & Technologies, it got its present name on Nov. 05, 2007.

The ISO 9001:2000 certified company markets and installs broadband technology equipment and global positioning systems, disaster and scarcity management related products, and undertakes construction activities. It markets Hendrx usa Watergen, an innovative, state-of-the-art water generating machine capable of producing membrane-filtered, ultraviolet purified water from air ranging from 20 liters to 5,000 liters per day. Operations are conducted from Kanpur in Uttar Pradesh.

Other products marketed include Safe Earthing Electrode (SEE), a multifaceted proactive highly conductive and corrosion-free earthing, utilizing metal alloys and natural compounds. The electrode is manufactured from custom made galvanized iron tubes with adequate galvanization. Maksat, an advanced version over existing wireless systems for near non line of sight wireless communication is another product marketed.

Presently, a landmark project of 750 apartments is being developed close to Indirapuram residential area under the brand name Oscar Homz. The company has already executed projects such as Valley Souk Shopping - Gurgaon, GK-II - New Delhi, an industrial unit in Noida, residential towers in Gurgaon, and the commercial project CTC Plaza in New Delhi. It has proposed to undertake the projects IT Park in Varanasi and a multiplex in New Delhi.

The registered office is at W-1, UPSIDC, Jainpur Industrial Area, Kanpur, Uttar Pradesh.

Proto Developers & Technologies registered a loss of Rs 7.75 million for the quarter ended September 2008.
Net sales for the quarter declined 50.84% to Rs 120.45 million, while total income for the quarter dipped 50.86% to Rs 120.47 million, when compared with the prior year period.
The company posted a loss per share of Rs 0.05 fo the quarter ended September 2008.

Recent Developments
Registar of Company has approved the change of name from "Proto Infrastructures & Technologies " to " Proto Developers & Technologies.

In Brief

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