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Company Information

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SAHANA SYSTEM LTD.

21 February 2025 | 12:00

Industry >> IT Consulting & Software

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ISIN No INE0LEX01011 BSE Code / NSE Code / Book Value (Rs.) 120.08 Face Value 10.00
Bookclosure 30/09/2024 52Week High 2135 EPS 20.73 P/E 71.03
Market Cap. 1293.47 Cr. 52Week Low 637 P/BV / Div Yield (%) 12.26 / 0.00 Market Lot 125.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our company was originally formed as a partnership firm in the name and style of "M/s. Oceans Technologies" through partnership deed dated March 1, 2013. The partnership firm commenced its business with effect from November 1, 2012. Promoter of our company Pratik Kakadia joined the partnership firm on June 7, 2014, as a partner. Our promoter, along with his mother Shardaben Kakadia, acquired 100% stake of the partnership firm. On April 30, 2019, the name of the partnership firm was changed from "M/s Oceans Technologies" to "M/s Sahana System" and other partners Hetal Patel, Trupesh Radadiya, Jigneshkumar Ambalia, Manish Vasaniya and Ramjibhai Kakadia were introduced in the partnership firm. The partnership firm was converted into Private Limited company under part I (Chapter XXI) of the Companies Act, 2013 in the name and style of Sahana System Private Limited vide Certificate of Incorporation dated February 20, 2020, was issued by the Registrar of Companies, Central Registration Center, Ministry of Corporate Affairs. Subsequently, the company was converted into Public Limited company pursuant through a special resolution passed by our shareholders at the extra ordinary general meeting held on March 31, 2022, and the name of our Company was changed to "Sahana System Limited" and a fresh certificate of incorporation was issued by the Registrar of Companies, Ahmedabad dated April 05, 2022. The corporate identification number of our Company is U72500GJ2020PLC112865.

Key Events and Milestones:
2012
Incorporated Partnership firm in style of `M/s Oceans Technologies'

2014
Pratik Kakadia introduced as Incoming partner of Partnership firm along with his mother Shardaben Kakadia.

2020
-Entered into Hardware trading service business.
-AI-ML based unique software used for Face/Object Detection system
-Received our first Government Project
-Conversion of our company from Partnership Firm to Private Limited Company

2022
-Order from Andhra Pradesh Government for installation of EV Charging Station
-Received ISO 9001:2015 (Quality Management System) for Software Development and Testing Services
-Received ISO/SEC 27001:2013 (Information Security Management System) for Software Development and Testing Services
-Conversion of our company from Private Limited Company to Public Limited Company.
-Received CMMI Maturity Level - 3 in E-Commerce department by Equalitas Certifications Limited, a CMMI Institute Partner