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    INFIBEAM AVENUES LTD.

    21 January 2025 | 12:00

    Industry >> Financial Technologies (Fintech)

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    ISIN No INE483S01020 BSE Code / NSE Code 539807 / INFIBEAM Book Value (Rs.) 12.92 Face Value 1.00
    Bookclosure 07/08/2024 52Week High 43 EPS 0.57 P/E 42.00
    Market Cap. 6640.95 Cr. 52Week Low 22 P/BV / Div Yield (%) 1.84 / 0.21 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    The Company was incorporated as Infibeam Incorporation Limited on June 30, 2010 at Ahmedabad, Gujarat as a public limited company under the Companies Act, 1956 and a certificate of incorporation was issued by the RoC on June 30, 2010. A certificate of commencement of business was issued by the RoC on July 3, 2010. As of the date of this Red Herring Prospectus, the Company has 196 members.

    Major events and milestones of the Company :

    2011

    -The Company launched 10.00 million SKUs across multiple categories and also launched rewards platform - Crossword, Tata AIG and more than 100 Brands.

    -The Company entered into a memorandum of understanding with the Government of Gujarat to power rural e-commerce through Vishwagram.

    2012

    -The Company launched Buildabazaar enterprise platform.

    2013

    -The Company established INDENT with Sony Music for digital downloads and distribution.

    -The Company launched JIVE HD on sony experia phones in Asia.

    -The Company integrated travel technology solutions in Buildabazaar platform for travel and theme park ticketing.

    -The Company expanded Buildabazaar platform for International clients.

    2014

    -The Company launched Adlabs Imagica on Buildabazaar large theme park implementation.

    -The Company acquired 100% of OdigMa Consultancy Solutions Private Limited for providing online marketing services to merchants.

    -The Company launched Shipdroid for merchants to use last mile logistics solution software.

    -The Company launched .OOO global top level domain (gTLD).

    2015

    -The Company launched login by Infibeam to drive traffic to sites using buildabazaar platform.

    Awards :

    The Company has received the following awards:

    2011

    -Gesia Awards 2010- "Best Innovation by an ICT company- Gujarat".

    2015

    -Infibeam.com has been awarded Varindia Top 100 Most Trusted Companies Of The Year 2014.

    -BuildaBazaar.com was conferred with the "Game Changing Idea of the Year" Award by Economic Times at ET Retail Awards 2014.

    2016 - Infibeam signs MoU with IL&FS for implementing digital projects

    2017

    -The Company has splits its face value from Rs. 10/- to Rs. 1/-.

    2018

    -Company name has changed to Infibeam Avenues Ltd. from Infibeam Incorporation Ltd..

    2019

    -Under the scheme of demerger, Infibeam Avenues Ltd (IAL) will demerge its SME E-commerce as well as the E-commerce marketplace businesses of NSI to Suvidhaa, while theme park and event business will be demerged and vested to DRC Systems,.

    2020

    - Infibeam Avenues and Riyad Bank Collaboration -Infibeam and Primechain Collaboration -Infibeam Avenues Limited to Demerge SME E-commerce Service and Marketplace Business to unlock Shareholder value -Infibeam Avenues Expands its Digital Payments Business to USA

    2021 -The Company has issued Bonus Shares in the Ratio of 1:1. -Infibeam acquires 100% stake in Cardpay Technologies Pvt. Ltd.

    2022

    -The Company has issued Bonus Shares in the Ratio of 1:1. -Infibeam Avenues Limited has informed the Exchange about Investment in Vishko 22 Products Services Private Limited.

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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