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Raminfo Limited
Sector:IT IT - Software - Small/Medium
BSE:530951NSE:NABloomberg:RMINF@INReuters:RINF.BO
Market Lot: 1Face Value: 10ISIN Demat: INE357B01022
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11-Dec-2017
Business Profile
Ram Informatics was incorporated in the year 1994. In the same year, it obtained the permission to set up a 100% export oriented software unit under the government`s software technology park scheme.

The company is engaged in providing various consulting, ERP, software, education and training. In the year 2000, the company acquired California-based, Web technology company, Aravali Technologies as a wholly-owned subsidiary. The company also opened its marketing office in Dalls (Texas).

Its client are from the pharmaceutical, engineering, insurance, publication, media and also from various government bodies. Some of the clients of the company are SBI, UTI, State bank of Hyderabad and many others.

In the year 2004, its shares were de-listed from the Hyderabad stock exchange. Some of the projects completed by the company include BSNL bill payment and B2C utility payment in Bangalore, issue of bus passes in eSeva, etc.

The company has been shortlisted as an implementation partner by National Institute of Smart Governance (NISG) for participation in e-governance projects across the country.

Financials
The company announced rise of 35.66% in standalone net profit on y-o-y basis to Rs 3.31 million, while total income declined 46.52% y-o-y basis to Rs 60.21 million for the quarter ended March 2017.

Recent Developments
11-DEC-17
Raminfo has received a Letter of Intent (LoI) from Rajcom Info Services (Rajasthan Government's Company) for establishment of 10,000 Business Correspondent (BC) networks in Rajasthan state.

25-MAR-15
Raminfo announced that the company has secured an order worth Rs 50 million in association with joint venture partner from a public sector undertaking under power ministry to provide energy management solution at Visakhapatnam.

12-APR-11
Ram Informatics signed an agreement with Director Electronic Delivery of Services, Government of Andhra Pradesh for District eSeva services for a period of 5 years in BOOT model along with HCL as consortium partner.

30-MAR-11
Ram Informatics, a contemporary technologies software services and products company today announced that it has received a work order from the commissioner of commercial taxes, government of Andhra Pradesh, for up-gradation of commercial tax portal.

14-JUN-10
Shares of Ram Informatics are trading at Rs 7, up Rs 1.04, or 17.45% at the Bombay Stock Exchange (BSE) on Monday at 2:07 p.m.

14-JUN-10
Ram Informatics today announced that its consortium with HCL Info Systems has secured a contract from commissioner, EDS, IT & C department, government of Andhra Pradesh, for zone 1 of district eSeva, for operations and support through BOOT Model.

19-MAY-10
Ram Informatics today announced that it has won a e-governance order for software services in consortium with a technology company in Hyderabad, from Navi Mumbai Municipal Corporation, Mumbai.



In Brief

 
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