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Company Information

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INFO EDGE (INDIA) LTD.

01 February 2025 | 12:00

Industry >> Internet & Catalogue Retail

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ISIN No INE663F01024 BSE Code / NSE Code 532777 / NAUKRI Book Value (Rs.) 3,224.85 Face Value 10.00
Bookclosure 20/11/2024 52Week High 9129 EPS 44.39 P/E 175.37
Market Cap. 100873.46 Cr. 52Week Low 4970 P/BV / Div Yield (%) 2.41 / 0.28 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
We are incorporated on May 1, 1995 under the companies Act, as Info Edge (India) Private Limited. We amended our Memorandum of Association by means of a resolution of Our sharesholders on February 14, 2006 to convert into a public company with effect therefrom; and consequently the word " Private " was, upon the issuance on April 27, 2006 of a fresh certificate of corporation consequent upon change of name on conversion to a public company, deleted from our name.

Our Registered Office is at A-6, Swasthya Vihar, New Delhi-110092, India.

Acquistion of Quadrangle

On November 1, 2000 we acquired the business of our Quadrangle division from Mr. Jeyadev Parthasarathy, who wasat that time the sole proprietor of the business, for a consideration of 1546 Equity Shares of our Company. The transfer of these Equity Shares to Mr. Parthasarathy was contingent upon him remaining in employment with us for a certain period, which he failed to do, and therefore these Equity Shares were never transferred to him.

Acquisition of JISPL

On september 13, 2004, we acquired 6500 equity shares, being 65% of the share capital, of Jeevansathi Internet Services Private Limited from its existing shareholdes for a consideration of Rs. 4250 per equity share. As a result of such acquisition, JISPL became our wholly-owned Subsidiary.

Some Key Events:

Date                     Key Events, Milestones and Achievements
March 1997 The internet portal www.naukri.com was launched

Dec. 1998 The internet portal www.jeevansathi.com was launched

April 8, 2000 ICICI Information Technology Fund made a private equity investment Of Rs. 72908748 into us. (This investment was subsequently novated in favour of ICICI Emerging sectors Fund)

Nov 1, 2000 We acquired the business of our Quadrangle division

Sept. 13, 2004 We became 100% owners of Jeevansathi Internet Services Private Limited

Sept 15, 2005 The internet portal www. 99 acres.com was launched

April 27, 2006       Private equity investors Kleiner Perkins Caufield and Byers and Sherpalo LLC 
                            agreed to acquire through Murugan Capital and Sherpalo Mauritius LLC, respectively, 5% of 
                            our pre-Issue Equity Share capital by means of a secondary purchase
--Registered Office of the Company has been shifted from "A-6, Swasthya Vihar, New Delhi - 110092" to "Ground Floor, GF-12A, 94, Meghdoot, Nehru Place, New Delhi - 110 020". 2007

-The company has incorporated a 100% subsidiary company in Mauritius.

2008

-Info Edge appoints Prakash Sangam as Vice-President.

2009

-Info Edge recommends payment of dividend @ Rs. 0.75per share.

2010

-Info Edge recommends payment of dividend @ Rs. 0.75per share.

-Info Edge has given the Bonus in the Ratio of 1:1

2011

-Info Edge Invests in Nogle Technologies Private Limited

-Info Edge Invests in Kinobeo Software Private limited

-Info Edge Invests in Ninety Nine Labels Pvt. Ltd.

-Info Edge Invests in Zomato.com

2012

-Info Edge Invests in Canvera Digital Technologies Private Limited

-Info Edge Invests in Zomato Media Private Limited

-Info Edge (India) acquires business of Tootstep consultancy Pvt Ltd

-Info Edge Invests in Happily Unmarried Marketing Private Limited

-Info Edge (India) has given the Bonus in the Ratio of 1:1

2013 -Info Edge (India) - Acquisition of MakeSence Technologies Pvt Ltd

2014 - Board recommended a Final Dividend of Rs. 1.50 per equity share.

2015 -Info Edge (India) gets RBI nod to raise FII investment limit -Investment in Canvera Digital Technologies Private Limited -Transfer of Policybazaar shareholding and subsequent fund raise by subsidiary

2016 -Info Edge to acquire 11.5% stake in Vcare Technologies. -Info Edge (India) Additional Investment in Green Leaves Consumer Services Pvt. Ltd".

2017 -Info Edge (India) has recommended a final dividend of Rs. 1.5/- per equity share of Rs. 10/- each.

2018

-Info Edge, MacRitchie Investments to invest Rs 190.51 cr in PolicyBazaar -Info Edge invests Rs 3 cr in Ideaclicks Infolabs

2019

-The Company has has entered into an agreement to invest, through its wholly-owned subsidiary, about Rs. 1.5 Cr. in LQ Global Services Pvt. Ltd.

-The Company has said that in its agreement entered into by the Company with SVF India Holdings (Cayman) Limited ("Soft Bank"), whereby it was proposed to jointly invest by the Company & Soft Bank, through a subsidiary i.e. Diphda Internet Services Ltd. ("Diphda"), an amount equivalent to about USD 90 Mn. in Etechaces Marketing & Consulting Pvt. Ltd. ("Etechaces").

-The Company has informed that the Exchange that IE Venture Fund I has entered into an agreement to invest about Rs. 3.5 Crore in Rusk Media Private Limited

2021

-The Company has informed that Acquisition of about Rs. 9 crores in 4B Networks Private Limited through its wholly-owned subsidiary.

2022

-Info Edge invests Rs 91 cr in Aisle Network Pvt. Ltd. -Info Edge (India) Issue and recommendation of Bonus Shares in the ratio of 1:1. -Info Edge (India) has entered into an agreement to acquire securities in Juno Learning (Juno).