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7Seas Entertainment Ltd.

BSE: 590116 Sector: IT
NSE: N.A. ISIN Code: INE454F01010
BSE LIVE 15:30 | 27 Sep Stock Is Not Traded.
NSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 13.36
PREVIOUS CLOSE 14.50
VOLUME 1150
52-Week high 25.20
52-Week low 10.10
P/E 12.35
Mkt Cap.(Rs cr) 16.60
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 13.36
CLOSE 14.50
VOLUME 1150
52-Week high 25.20
52-Week low 10.10
P/E 12.35
Mkt Cap.(Rs cr) 16.60
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

7Seas Entertainment Ltd. (7SEASENTER) - Company History

7Seas Entertainment Ltd is India's first independent IP-based games development based out of Hyderabad. The company is mainly engaged in development of games and game development software and other solutions relating to gaming. They presently have over 500 IP-based games across online, PC and mobile covering an unmatched, wide spectrum of genres. The company's online gaming portals are www.onlinerealgames.com, www.neodelight.com and www.mobizill.com. The company is India's first ISO 9001:2008 certified independent games development company. They own 5 Online Games Development Engines and 1 Mobile 3D game engine. The company is listed in Bombay Stock Exchange (BSE) under Indonext model under the ticker symbol - 7Seas and Ahmedabad Stock Exchange Ltd (ASE). The company has a development centre in Hyderabad. They are having a wholly owned subsidiary company, namely Fortune7inc in the USA. Fortune 7Inc, USA provides publishing, distributions and marketing of games and game software. 7Seas Entertainment Ltd was incorporated on August 14, 1991 with the name Flair Investment ad Finance Ltd. The company's objects were changed for undertaking the software business and the name was changed to 7Seas Technologies Ltd with effect from January 25, 2006. In the year 2008, the company acquired Neodelight.com, a German based online gaming portal along wits their IP's. In October 4, 2010, the company changed their name from 7Seas Technologies Ltd to 7Seas Entertainment Ltd. In October 2010, the company bagged '2010 International Stevie Business Award' in the Creative and Media category for Best Website design for the free online gaming portal. In March 2011, the company published their online casual games in Intel AppUp center. Through the Intel AppUp center, gaming customer will be able to purchase 7Seas' 100 casual online games. They bagged the prestigious FICCI-BAF (Best of Animation Frames) award for its 'The Dark Man' game under the 'Best Online Game' category. In June 2011, the company added a social gaming platform to their online casual gaming portals. In July 2011, the company launched 10 exciting mobile games across action, arcade, racing, shooting and sports genres. The new games include Alexia The Great and The Fight 3D in the action category, MobiXonix, The Jars-I and The Jars-II in the arcade genre, Moto Riders and Rally Drive in racing and Air War 3D and Shoot Out in shooting and Catches Win Marches 3D in the sports genres. The company plans to develop more unique and interesting IP owned games for online gaming segments. They plan to develop games for social gaming platform. Also, they plan to develop mobile games for Android and other mobile platforms.

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