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AURIONPRO SOLUTIONS LTD.

21 November 2024 | 03:55

Industry >> IT Consulting & Software

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ISIN No INE132H01018 BSE Code / NSE Code 532668 / AURIONPRO Book Value (Rs.) 168.94 Face Value 10.00
Bookclosure 28/09/2024 52Week High 1992 EPS 25.53 P/E 61.61
Market Cap. 8685.36 Cr. 52Week Low 865 P/BV / Div Yield (%) 9.31 / 0.16 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
INCORPORATION

Our Company was incorporated on October 31, 1997 as Value Added Information Distribution Services Private Limited. The name of our Company was changed to VAIDS Technologies Private Limited on April 30, 2001 and subsequently to aurionPro Solutions Private Limited on September 18, 2003. We converted our Company into a public limited Company on March 09, 2005.

BACKGROUND

Our Company was started in 1997 by Mr Bhavesh R Talsania, a Chartered Accountant and Mr Amit R Sheth, a finance professional with engineering and management qualifications, as a bespoke IT services provider in Microsoft and Java technologies. In 1999, we got an opportunity to enable a leading private sector bank to enter the cash management market through innovative products and solutions. In the same year, Mr Paresh C Zaveri, a finance professional with engineering and management qualifications joined the Company as a Promoter. As our services practice grew with more opportunities coming our way, our focus got crystallized in providing banking IT solutions. Over the years we have grown to become a strong technology Company as a number of software professionals joined us and built the niche expertise extensively.

In 2003, we formed a strategic partnership with aurionPro Services Pvt Ltd., a company founded by experienced banking professionals formerly with the Citigroup having deep domain experience in niche areas. This partnership, besides deepening our banking IT focus, expanded the core team to include senior banking technology professionals with rich experience and deep understanding of current and future banking needs, thus enabling us to transition ourselves from being `founder centric' to `professional'. The partnership was further strengthened with equity relationship as aurionPro Services became a significant shareholder in our Company, through an agreement the terms of which, inter alia, provide that aurionPro Services would be engaged in the business of management consulting and Business Process Outsourcing (BPO) and our Company, being a technology company would provide systems support both for process automation and outsourcing bridging. This arrangement enabled the group to present an array of services to the banking sector on a mutually beneficial basis. The name of our Company was, then changed to aurionPro Solutions.

2006

--Registered Office of the Company has been shifted from 1D, Dhiraj Pen Compound, 58/59, Andheri-Kurla Road, Andheri East, Mumbai-400 059, India to 404, 4th Floor, Winchester, Hiranandani Business Park, Powai, Mumbai-400 076

2008

- Aurionpro Solutions Limited has informed that "Ms. Kinjal Shah was appointed as the Company Secretary and Compliance Officer pursuant to Clause 47C of the Listing Agreement.

2010

- Aurionpro Solutions Ltd has appointed Mr. Vishwanath (Banesh) Prabhu as an Additional Director (Non-Executive and Non Independent) of the Company with effect from March 19, 2010.

2011

- "Aurionpro continues expansion efforts in Africa".

- "Aurionpro Named By Top Industry Analysts Among Top 100 Global Financial Technology Providers".

- "Aurinpro Launches Fixpro, A robust fix testing and certification software suite".

2012

- "AurionPro Wins 2012 IBM Beacon Award for - Smarter Industry: Best Industry Solution for Banking"

- "Aurionpro Attains the Highest Level of International Validation for an Information Security Program by Achieving SSAE16 Compliance".

- "aurionpro Solutions Acquires Enline plc, the leading U.K. - based Oracle Identity Management systems implementer".

- "VietinBank selects aurionPro's Loan Origination System to improve its credit processing activities".

2013 -Aurionpro announces the launch of a refreshed brand, more effectively representing the company's values and spirit. -V2PAY selects Aurionpro as its global technology partner -Aurionpro helps V2PAY Group win the Best Mobile Payments and Cards Solution award at the Cards and Payments Asia event in Singapore -aurionPro SENA Wins Oracle Excellence Award Specialized Partner of the Year: Middleware-UK -Aurionpro Congratulates Virgin Media, Winner of "Best Identity and Access Management Project" at the European Identity & Cloud Conference -Aurionpro signs definitive agreements to sell its E2E infotech business to long-term partner CameronTec -Aurionpro Sena's JayJay Zheng is awarded the elite Oracle ACE designation, the seventh globally for Oracle WebCenter expertise -Aurionpro Solutions Named Among Top 100 Global Providers of Financial Technology -Aurionpro Solutions Ltd has informed that the Registered Office of the Company will be shifted from 404, Nomura, High Street, Hiranandani Business Park, Powai, Mumbai - 400 076 to Office No. 35, 35th Floor, Sunshine Towers, Tulsi Pipe Road, Near Flower Market, Dadar (West), Mumbai - 400013. w.e.f. March 01, 2013.

2014 -Aurionpro Becomes an Oracle PartnerNetwork Platinum Level Partner -Aurionpro Achieves Oracle PartnerNetwork Specialization for the Financial Services Industry -Aurionpro Congratulates Babcock International, Winner of "Best Identity and Access Management Project" at the European Identity & Cloud Conference -Aurionpro Inks a Distributor and Implementation Partner Agreement with the Largest RFID Vendor in the Middle East, TrackIT Solutions, to Make an Immediate Regional Impact -Aurionpro Achieves Oracle PartnerNetwork Specialization for Oracle Solaris 11 and Oracle SPARC T4-Based Servers -Aurionpro Solutions Named Among Top 100 Global Providers of Financial Technology

2015 -Aurionpro Solutions inks strategic pact with ForgeRock -Aurionpro strengthens capabilities to Accelerate Digital Innovation for customers -Aurionpro's ryan sullivan named Oracle Ace Associate -Aurionpro named in the Fintech 100 for Third Consecutive Year.

2016 - "Aurionpro secures an order from Nagpur Metro Rail Corporation Ltd. (NMRCL) for designing, implementing and operating a Digital Platform to run end-to-end operations". -"Aurionpro completes acquisition of Spikes Security - forms 'Cyberinc' for Enterprise Security".

2017

- Aurionpro bags prestigious project from Rajasthan Government.

-Aurionpro launches new variant for its Branch-in-a-Box product - Virtual Teller Machine,

2018

-Aurionpro Solutions, a technology product and solution provider, on Wednesday said that its subsidiary, Cyberinc, has entered into a definitive agreement with KPMG LLP, USA,

-HDFC Bank automates Nostro Reconciliation with Aurionpro Solution.

-South Indian Bank goes live with FSCM solution from Aurionpro.

-AU Small Finance Bank partners with Aurionpro to reform digital banking for SME and MSMEs; implements iCashPro+

2019

-Sacombank, Vietnam goes live with Integro's SmartLender market leading Loan Origination Solution.

-Integro Technologies a high end and pioneering provider of Lending Platforms, announced that Affin Bank Bhd Malaysia, has selected Integro's SmartLender Commercial to improve its lending operations.

2020

-Arab Bank for Investment and Foreign Trade (Al Masraf) UAE selects Aurionpro's iCashpro+ to revamp its existing Corporate Internet Banking and Cash management platform.

-Aurionpro Listed As A Representative Vendor In Gartner's Market Guide for Digital Banking Multichannel Solutions.

-Aurionpro's Transaction Banking platform- iCashpro+ emerges winner at the prestigious Finnoviti & Technoviti Awards 2020.

2021

-Aurionpro announces the launch of cloud based Lending Platforms.

-One Of The Largest Public Sector Bank in India selects Aurionpro's Financial Supply Chain Solution.

-Aurionpro's Transaction Banking platform- iCashpro+ wins Technoviti Awards 2021 for the most innovative banking technology platform

2022 -Aurionpro bags prestigious order in the Data Center Segment, selected as DC Design Consultant for the Tier IV Data Center Project. -Aurionpro Solutions bags order for its Murex services. -Aurionpro acquires US-based startup Hello Patients Solutions Inc. -Aurionpro wins CMO Asia Awards 2022 for Excellence in Branding & Marketing.

2023 -Aurionpro wins award for Best Transaction Banking Implementation at IBS Global FinTech Awards 2023. -Aurionpro announces strategic acquisition Banking and Fintech division to acquire business providing comprehensive loan management system to Banks and FIs.. -Aurionpro announces acquisition of Interact DX, leading digital engagement platform for Banking and Insurance industry. -Aurionpro wins BEST ENTERPRISE OF THE YEAR AWARD IN IT SECTOR, for Aurobees, its innovative platform focussed at SMEs.