KYC is one time exercise with a SEBI registered intermediary while dealing in securities markets (Broker/ DP/ Mutual Fund etc.). | No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.   |   Prevent unauthorized transactions in your account – Update your mobile numbers / email ids with your stock brokers. Receive information of your transactions directly from exchange on your mobile / email at the EOD | Filing Complaint on SCORES - QUICK & EASY a) Register on SCORES b) Mandatory details for filing complaints on SCORE - Name, PAN, Email, Address and Mob. no. c) Benefits - speedy redressal & Effective communication   |   BSE Prices delayed by 5 minutes...<< Prices as on Jan 21, 2025 - 1:08PM >>  ABB India 6353.1  [ -2.60% ]  ACC 2028.4  [ 0.94% ]  Ambuja Cements 536.5  [ 0.38% ]  Asian Paints Ltd. 2288.5  [ 0.37% ]  Axis Bank Ltd. 975.6  [ -1.28% ]  Bajaj Auto 8500  [ -0.49% ]  Bank of Baroda 229.8  [ -1.03% ]  Bharti Airtel 1637.55  [ -0.22% ]  Bharat Heavy Ele 212.5  [ -2.01% ]  Bharat Petroleum 281.95  [ 1.71% ]  Britannia Ind. 4912.55  [ 0.58% ]  Cipla 1437.45  [ -0.58% ]  Coal India 383.5  [ -0.92% ]  Colgate Palm. 2745.6  [ 1.40% ]  Dabur India 525.75  [ 0.85% ]  DLF Ltd. 743.7  [ -2.18% ]  Dr. Reddy's Labs 1296.85  [ -0.40% ]  GAIL (India) 181  [ -0.60% ]  Grasim Inds. 2381.4  [ -0.74% ]  HCL Technologies 1809.65  [ 0.77% ]  HDFC Bank 1636.7  [ -0.88% ]  Hero MotoCorp 4048.75  [ -1.08% ]  Hindustan Unilever L 2359.8  [ 0.62% ]  Hindalco Indus. 619.2  [ 0.19% ]  ICICI Bank 1205.6  [ -2.21% ]  IDFC L 108  [ -1.77% ]  Indian Hotels Co 768.35  [ -3.12% ]  IndusInd Bank 960.95  [ -0.99% ]  Infosys L 1817.35  [ 0.23% ]  ITC Ltd. 439.65  [ 0.43% ]  Jindal St & Pwr 925.7  [ -0.85% ]  Kotak Mahindra Bank 1900  [ -1.02% ]  L&T 3573.2  [ -0.37% ]  Lupin Ltd. 2115.85  [ -0.76% ]  Mahi. & Mahi 2827.95  [ -2.06% ]  Maruti Suzuki India 11950.7  [ -0.55% ]  MTNL 49.25  [ -4.65% ]  Nestle India 2223.45  [ 0.49% ]  NIIT Ltd. 166.85  [ -2.43% ]  NMDC Ltd. 66.56  [ -0.80% ]  NTPC 328.65  [ -2.20% ]  ONGC 267.05  [ -0.72% ]  Punj. NationlBak 100.5  [ -0.54% ]  Power Grid Corpo 303.1  [ -1.09% ]  Reliance Inds. 1283.5  [ -1.65% ]  SBI 763.8  [ -1.96% ]  Vedanta 459.15  [ -0.27% ]  Shipping Corpn. 203.05  [ -2.05% ]  Sun Pharma. 1778.8  [ 0.16% ]  Tata Chemicals 967.6  [ -0.41% ]  Tata Consumer Produc 974.8  [ 1.47% ]  Tata Motors 769.4  [ -0.62% ]  Tata Steel 130.75  [ -0.68% ]  Tata Power Co. 369.4  [ -1.35% ]  Tata Consultancy 4059  [ -0.44% ]  Tech Mahindra 1670.6  [ -0.22% ]  UltraTech Cement 10834.3  [ 1.98% ]  United Spirits 1447.1  [ -0.75% ]  Wipro 299  [ -0.38% ]  Zee Entertainment En 120.7  [ -0.21% ]  

Company Information

Indian Indices

  • Loading....

Global Indices

  • Loading....

Forex

  • Loading....

CALIFORNIA SOFTWARE COMPANY LTD.

21 January 2025 | 12:54

Industry >> IT Consulting & Software

Select Another Company

ISIN No INE526B01014 BSE Code / NSE Code 532386 / CALSOFT Book Value (Rs.) 8.89 Face Value 10.00
Bookclosure 15/01/2025 52Week High 16 EPS 0.23 P/E 66.26
Market Cap. 41.22 Cr. 52Week Low 11 P/BV / Div Yield (%) 1.71 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Calsoft, promoted by Shri. S.Santhosh and his associates, was incorporated as a public limited company on February 6, 1992, with the objective of creating facilities for development of software and export thereof at its registered office in Besant Nagar, Madras. The Company commenced business operations from October 19, 1992. It is a Joint Venture (JV) with equity participation from San Francisco-based bunkering major, Chemoil Corporation (Chemoil), a Forbes 400 Company (Ranking 393 as per rating in 1991). As per the Joint Venture Agreement, Chemoil shall hold a minimum of 24% of Calsoft's equity. As on March 31, 1995 it held 25% of the Company's equity through its subsidiary firm, the Hong-Kong based Kemoil Ltd (Kemoil)., the holding company of Chemoil. Calsoft has obtained permission from the Government of India for the Joint Venture and equity participation (upto a maximum of 49%). As on November 7, 1995 Chemoil held 49% of Calsoft's equity (Rs.1,54,82,990), which would come down to 24 % after the proposed issue.

The JV is mainly for financial collaboration, with Chemoil also assisting Calsoft in the areas of marketing, equipment sourcing, etc., where Chemoil's support may give Calsoft the required thrust in the US/European markets. Copies of the aforesaid documents, viz., Joint Venture Agreement, Government of India's approval for Joint Venture and foreign equity participation and the relevant RB approvals are kept open to the public for inspection at the Company's registered office.

Calsoft has set up a 100 % Export Oriented Software Technology Park at Besant Nagar in Madras, which commenced commercial operations from October 1992. Calsoft comes under the Software Technology Park, Bangalore, which monitors the activities of Calsoft.

The Company commenced its operations, mainly by managing the MIS services for the Chemoil Group of Companies, spread over San Francisco, Los Angeles, Houston, New Orleans, Panama, Singapore, Venezuela, Philippines and Denmark. Slowly it extended its clientele to include other companies like Technical Solutions, Act International, International Micro. Computer Software Inc. (IMSI), Delta Airlines, etc,. In 1994, Calsoft took on lease from VSNL a wholly dedicated 64 KB satellite link between Madras and San Francisco and now envisages expansion of its facilities to enable it to undertake more lucrative projects from clients all over United States and effectively down loading the work at Madras and Bangalore. Video conferencing facilities through the link are proposed to be installed in 1996 to smoothen the communication process.

Calsoft has recently set up its own World Wide Web Server on internet that allows it to market and distribute software at a very low cost. In addition this allows easy monitoring of the US Market from India.

2001 - The Company's state-of-the-art software development centre in Tidel Park, Chennai.

- The Company launched in India its Business to Business trading product. Named "Ebiz Market Server" this product is a powerful integratedframework that would enable companies to do business on the web, thus reducing transaction costs, enhance sales and distribution process, deliver value added services and streamline customer and vendor management.

2002-California Software Co Ltd has informed BSE that Mr B R Somayaji has resigned from the Board of Directors of the Company.

2003

-California Software Company Limited has informed that Mr. Koji Takayanagi has resigned from the Board of Directors of the Company.

2004

- California Software Company Limited has informed that Mr. V S Navin Shushant, Company Secretary, has been appointed as Compliance Officer in place of Ms. Lakshmi Priya w.e.f May 03, 2004.

- Four Soft Ltd has informed that The Global Institute of Logistics (GIL) has designated the company as a recipient of its 'Award of Excellence' accreditation.

2005

-Calsoft accredited with CMMI certification

- California Software Company Limited completes acquisition of 100% equity in Webspectrum Software Pvt Ltd., Bangalore.

-Calsoft in alliance with Nasdaq-listed company

-California Software Company Ltd announced the Company has successfully assessed at SEI's CMMI (Software Engineering Institute's Capability Maturity Model Integrated) maturity Level 5 - Staged Representation for its operations in India. The assessment was carried out by KPMG.

-California Software Company Ltd has recommended a dividend of 10%.

-Chennai: California Software Co Ltd has opened its office in Boston, US, under its wholly-owned subsidiary CSWL, Inc.

-California Software Company Ltd has Rights Ratio: 1:1 i.e. one Rights share (Face Value: Rs 10) for every one existing equity share (Face Value Rs 10) held by the shareholders.

2006

-Calsoft secures 21st rank in the Deloitte Fast 50 India 2006 rankings

-California Software Company Ltd Issues Rights in the Ratio of 7:10

-California Software Company Ltd has recommended a Dividend of 10%.

-California Software Company Ltd has announced the launch of their "Center of Excellence" in Data and Telecom Solutions at Bangalore.

2007

-California Software Company Ltd has appointed Mr. Clyde Michael Bandy as Chairman of Board of the Company at the meeting of Board of Directors held on February 08, 2008.

-California Software Company Ltd has recommended a dividend of 7.5% on equity shares (Rs 0.75 per share).

2008

-California Software Company Ltd has announced that Mr. Clyde Michael Bandy has been appointed as Chairman of Board of the Company.

-E-mail ID for Investor's Grievances: investor@calsoft.co.in

-California Software Company Ltd has recommended a dividend of 10% (Re 1.00 per share).

2009

- California Software Company Ltd has appointed Mr. Jerome Lazatin Lorenzo as Non-Executive Director of the Company.

-California Software Company Ltd has announcement availability of Flash Lite 3.1 Windows CE Plug in for Internet Exploerer".

-California Software Company Ltd has announcement of availability of Flashlite 3.1 IE Plug-in player for Smoothway Technology device based on Samsung S3C2450 running WinCE 5.0.

2010

-California Software Company Ltd has recommended a dividend of Rs. 2/- per share.

2011

-Release titled "Closure of sale of Outsourced Product Development Business of Calsoft".