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COLORCHIPS NEW MEDIA LTD.

26 December 2024 | 04:01

Industry >> Entertainment & Media

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ISIN No INE621I01042 BSE Code / NSE Code 540023 / COLORCHIPS Book Value (Rs.) 17.38 Face Value 10.00
Bookclosure 12/06/2024 52Week High 25 EPS 0.00 P/E 0.00
Market Cap. 40.98 Cr. 52Week Low 3 P/BV / Div Yield (%) 1.39 / 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.
Millitoons Entertainment Limited is an integrated design solutions Company engaged in Film production, TV commercials, Animation & Web design to fulfill all your communication needs across various media. Millitoons is located in Hyderabad which is the center of Information Technology and Entertainment business in India.

Team of professionals is dedicated in creating powerful and high quality products. In today's corporate world, promotion of a product and content plays a major role and promotional campaigns & branding has become a basic marketing tool in every aspect of the business, whereas Millitoons has been mastered in all such segments. As we all know, the film production segment is growing leaps and bounds and the technology boom is creating waves in the entertainment industry, this can be considered as a golden era for this industry. Employing computer graphics and inducing virtual reality, man is trying to copy the creator and is giving birth to full length motion pictures nothing less to real life. It employs artistic skills added to intensive craftsmanship.

Millitoons is poised to produce independent shows with its highly professional and creative manpower. Millitoons offers exemplary imaging services, cutting-edge animation technologies, cultural compatibility and conducive management. An ideal solution for a design and production requirement of computer animation & visual effects for films, commercials, television, medical applications, internet, education, gaming etc. With the advent of latest imaging techniques and new technologies that have changed the arena of animation, Millitoons strives to be amongst the front-runners in the industry. As a result, we are not averse to embracing the latest trends. A quality we instill in every employee, client and stake-holder alike.

As an established Company, we firmly believe that it's our dedicated people and our ability to work on a wide range of software that enables our clients to entrust us with their valuable projects. As is the nature of creative industry, "time is the essence of any project". In order to adhere to tight deadlines and to maximize time spent on content and quality, we use state-of-art hardware to complement our software tools.

2017 -The Company has issued Bonus Shares in the Ratio of 1:1.

2018 -The Company has splits its face value from Rs. 1/- to Rs. 10/- -The Company name has changed to Colorchips New Media Ltd. from Millitoons Entertainment Ltd.

2022 -The Company has splits its face value from Rs. 10/- to Rs. 2/-.