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    OCTAWARE TECHNOLOGIES LTD.

    21 February 2025 | 12:00

    Industry >> IT Consulting & Software

    Select Another Company

    ISIN No INE208U01019 BSE Code / NSE Code 540416 / OCTAWARE Book Value (Rs.) 38.62 Face Value 10.00
    Bookclosure 30/09/2024 52Week High 83 EPS 0.00 P/E 0.00
    Market Cap. 15.56 Cr. 52Week Low 43 P/BV / Div Yield (%) 1.12 / 0.00 Market Lot 1,600.00
    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 Octaware Technologies Pvt. Ltd. on May 26, 2005 under the Companies Act, 1956, with the Registrar of Companies, Mumbai, Maharashtra, bearing Registration Number 153539. The status of the Company was changed to public limited company and the name of the Company was changed to Octaware Technologies Limited consequent to conversion of Private Limited Company into Public Limited Company by a special resolution passed on June 15, 2015. A fresh Certificate of Incorporation consequent to the change of name was granted to the Company on August 17, 2015, by the Registrar of Companies, Mumbai, Maharashtra, bearing CIN U72200MH2005PLC153539.

    The Company is a Holding Company with consolidated business interests in software development, enterprise solution and consulting firm engaged in the business of providing a range of Information Technology ("IT") solutions to companies across sectors such as Healthcare, Education, Telecom, Oil & Gas, Real Estate & Construction, Banking & Financial Services and Manufacturing sectors. We design, develop and maintain software systems and solutions, create new applications and enhance the functionality of the customers' existing software products.

    The Group endeavours to bring together creativity and knowledge with positive business strategy to furnish the requirements of diverse clients with an inclusive range of products and services which are comprehensive and cost-effective so that the client can focus on their core-competencies to improve or expand their businesses. The Octaware Group delivers services across all stages of the product life-cycle, which enables us to work with a wide-range of customers and allows us to develop, enhance and deploy the customers' software products. The various services offered by the Company are Software Development Services, Enterprise Portal, ERP and CRM Implementation, Consulting Services, Mobile Solutions, RFID Solutions, Cloud and IT Infrastructure Services and Geospatial Services. The comprehensive suite of service offerings allows us to attract new customers and expand existing customer relationships. We also provide an array of products and solutions like PowerERM - Employee Relationship Management, Hospice - Healthcare Solution and iOnAsset - Asset Tracking & Management System, IntelliTrade - Trading Platform Support, RealWin - Real Estate CRM Solution, Life2Care - Patient Relationship Management, eDocNet - Enterprise Content and Document Management Solution and eQuire - Office Automation and eProcurement Management Solution which help the clients in strategising their business objectives.

    MAJOR EVENTS

    2005

    - Incorporation of Company as Octaware Technologies Pvt. Ltd.

    2006

    - Obtained Microsoft Gold Partnership - Business Solution

    - Obtained membership of STPI/NASSCOM/ESC

    2007

    - Associated with GETP and began working relations in Qatar

    - Opened a training and development centre at Pune, Maharashtra

    - Began operations of a group company in Washington, USA as Octaware Technologies LLC

    2008

    - Expanded Market in Far East and Oceania region

    2009

    - Associated with local partners at Saudi Arabia

    - Launched 4 new Products and Solutions in India and Global Market

    2010

    - Winner of RED HERRING Top 100 ASIA Award.

    2011

    - Voted as India's TOP 50 Fastest Growing Technology Company by Deloitte

    - Launched Octaware West Africa in Lagos, Nigeria

    - Our Current Promoters acquired shares from the original promoters and took over control of our Company.

    2012

    - Winner of Most Innovative Company of the Year Stevie International Business Award - 2012.

    2013

    - Established a 100% owned Octaware subsidiary in UAE

    - Winner of Best IT Product Architecture Global IT Architecture Excellence Award - 2013.

    2014

    - Established associate partners in Harare, Zimbabwe

    - Recognized with Global CSR Excellence & Leadership Award, Employment for Individuals with Disabilities

    - Established associate partners in UAE

    - Established associate partners in Singapore

    2016

    - Received the Gold Award for `Technology Provider of the Year' from the Islamic Finance Forum of South Asia (IFFSA)

    - Established a 100% owned subsidiary in UAE in the name and style of Octaware Gulf (QFC Branch)

    - Acquired 2nd SEZ Unit at SEEPZ, Andheri, Mumbai

    2017

    - Started the process of shifting majority business to subsidiary companies in a phased manner

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