You are here » Home » Companies » Company Overview » California Software Company Ltd

California Software Company Ltd.

BSE: 532386 Sector: IT
NSE: CALSOFT ISIN Code: INE526B01014
BSE LIVE 15:15 | 09 Dec 5.61 -0.20
(-3.44%)
OPEN

5.61

HIGH

5.61

LOW

5.61

NSE LIVE 13:03 | 08 Jul Stock Is Not Traded.
OPEN 5.61
PREVIOUS CLOSE 5.81
VOLUME 1
52-Week high 16.11
52-Week low 5.50
P/E 0.93
Mkt Cap.(Rs cr) 6.94
Buy Price 5.61
Buy Qty 1110.00
Sell Price 0.00
Sell Qty 0.00
OPEN 5.61
CLOSE 5.81
VOLUME 1
52-Week high 16.11
52-Week low 5.50
P/E 0.93
Mkt Cap.(Rs cr) 6.94
Buy Price 5.61
Buy Qty 1110.00
Sell Price 0.00
Sell Qty 0.00

California Software Company Ltd. (CALSOFT) - Company History

California Software Company (CSCL) was incorporated in Feb.'92 to develop and export software. The company promoted by S Santhosh, T R Sahasranamam and their associates is a joint venture with equity participation from Chemoil Corporation, US (49% stake through its subsidiary Kemoil, Hongkong), a Forbes 400 company and a bunkering major. Chemoil assists the company in marketing, equipment sourcing, etc. CSCL has set up a 100% export-oriented software technology park at Madras, which commenced commercial operations in Oct.'92. It comes under the Software Technology Park, Bangalore, which monitors its activities. CSCL commenced operations by managing the MIS services for the Chemoil Group of companies, spread over San Francisco, Los Angeles, Houston, New Orleans, Panama, Singapore, Venezuela, Philippines and Denmark. It then expanded its clientele to include Technical Solutions, Act International, International Micro Computer Software, Delta Airlines, etc. In 1994, it took a wholly dedicated 64 KB satellite link between Chennai and San Francisco, to undertake more projects from clients in the US. CSCL has also set up its own world wide web server on the internet to market and distribute software at a low cost. In Feb.'96, it came out with a public issue to part-finance the expansion of facilities at Madras; set up new facilities at Bangalore and add new facilities to its proposed 100% subsidiary -- CSWL, US. It has also set up a non-trading office in U.K to cover the European market. During 1999-2000, the company has setup a new software development centre at Chennai. The company had signed an MOU during September 2004,for acquiring upto 51% equity of the well known system integrator,Team Frontline Pvt Ltd. The company has signed an MOU during december 2004,with Web Spectrum Pvt.Ltd to acquire the entire 100% equity of Web Spectrum Pvt.Ltd which is a bangalore based unlisted company. The company has opened a branch office in the United Arab Emirates during February 2005.The new office will address the needs of the Middle East and Africa markets.

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard