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Bharatiya Global Infomedia Ltd.

BSE: 533499 Sector: IT
NSE: BGLOBAL ISIN Code: INE224M01013
BSE LIVE 09:34 | 23 Mar 10.53 0.50
(4.99%)
OPEN

10.03

HIGH

10.53

LOW

10.03

NSE LIVE 09:26 | 23 Mar 10.70 0.50
(4.90%)
OPEN

10.65

HIGH

10.70

LOW

10.65

OPEN 10.03
PREVIOUS CLOSE 10.03
VOLUME 5163
52-Week high 22.13
52-Week low 3.62
P/E 13.00
Mkt Cap.(Rs cr) 16.68
Buy Price 10.53
Buy Qty 11288.00
Sell Price 0.00
Sell Qty 0.00
OPEN 10.03
CLOSE 10.03
VOLUME 5163
52-Week high 22.13
52-Week low 3.62
P/E 13.00
Mkt Cap.(Rs cr) 16.68
Buy Price 10.53
Buy Qty 11288.00
Sell Price 0.00
Sell Qty 0.00

Bharatiya Global Infomedia Ltd. (BGLOBAL) - Company History

Bharatiya Global Infomedia Ltd is a technology based company focusing on the sectors such as Information Technology security and compliance automation software solutions and technology related to media & entertainment industry with focus on Research & Development. The company's business operations consist of Information Technology Based Solutions-RFID & Smart Card and Digital Post Production Studio (Digital Post-Production Studio at Andheri West, Mumbai namely 'BGIL Studio'). The company develops small animated capsules for various projects of the clients. They also design & develop WAP enabled products for clients and mainly focus on building RFID technology. The company has in-house developed software ERP product, customized software development, training, consultancy, trading, animation and RFID based solution. They have their IT division located at Noida, Uttar Pradesh and Andheri (West), Mumbai. Their Digital Post Production Studio is also located at Andheri (West), Mumbai. The company's main Product Components include Boom Barrier, RFID System (Readers, Antennas, Tags), Spike Busters, Boom Barriers, Controllers (in house developed), Loop Detectors, Ultra Sonic Sensors, Ticket Dispensers, LED Signal Lights, LED Displays, Under Vehicle Surveillance System, Ticket Printers, Barcode Readers, Face Tracking Camera, AVCC (Automatic Vehicle Counter Cum Classifier), BGIL Parking Management Software, Computer Server and Clients Machine, Kiosk cabinets/Mini Embedded PC, Microsoft & Open Source Programming Platform, Handheld Devices etc. Bharatiya Global Infomedia Ltd was incorporated on November 24, 1994 with the name Bhartiya Global Financial & Allied Services Ltd. In May 3, 1999, the company changed their name from Bhartiya Global Financial & Allied Services Ltd to Bhartiya Global Software Fintec Ltd. In June 27, 2001, they further changed their name to Bhartiya Global Software Ltd. In November 13, 2003, the company got their present name Bharatiya Global Infomedia Ltd. During the year 2004-05, the existing promoters of the company acquired the shares of the company and they gained the management of the company. In March 2, 2005, the company entered into a business sale agreement with VTV Network Ltd, by which VTV Network Ltd agreed to sell whole of the fixed assets, investments & other assets standing for total consideration of Rs 607.07 lakh. In July 12, 2005, Rakesh Bhhatia, Arti Bhatia and the company, acquired 16,87,300 (36.29%) equity shares of Nam Credit & Investment Consultants Ltd (now known as BGIL Films & Technologies Ltd) from Rajinder Paul Jindal, Kiran Jindal and Shiv Mitter Jindal, by entering into a share purchase agreement for a total consideration of Rs 42.18 lakh. In November 1, 2005, the company entered into an agreement with STV Enterprises Ltd for purchasing the complete business set up consisting of film studio for post production facility along with the machineries, furniture & fixtures, tools, accessories, gadgets and other equipments located at Andheri, Mumbai for a total consideration of Rs 235 lakh. During the year 2009-10, the company received contract for Parking Management system for ICICI Hyderabad for managing 20,000 vehicles simultaneously till floor six of the building. During the year 2010-11, the company received ISO9001:2008 certificate of compliance in respect of IT based safety security and automation products/solutions. The company plans to upgrade Digital Post Production Studio. They decide to expand &D technology centre. Also, they plan to set up their own corporate office at Noida & branch office at Mumbai.