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e.star Infotech Ltd.

BSE: 532417 Sector: IT
NSE: N.A. ISIN Code: INE546B01020
BSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
NSE 05:30 | 01 Jan Stock Is Not Traded.
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e.star Infotech Ltd. (ESTARINFOTECH) - Company History

Incorporated in Dec. 1999 as Starwar Infotech, a private limited company, its name was changed to e.star Infotech in Jan. 2000. Later in Feb. 2000, it was converted into a public limited company. The company was originally promoted by Shailendra Tiwari and Devishankar Pandey. The present promoters are Mahesh Tanvi, Arvind Thanvi and Bankat Sharma. e.star Infotech is into software development and has developed many software packages like Sales, Inventory ans Marketing for its corporate clients. It has also registered websites which are under the process of development like, Ebazaarindia.com, fun-n-funda.com, e-gemsindia.com, etc. It is planning to acquire an area in the vicinity of IT Park in New Bombay for carrying out Software Development and Training activities. The total project cost is estimated to be Rs 11.15 cr which will be financed by promoters to the extent of Rs 6 cr and Public Issue of Rs 4 cr. The rest will be financed through a term loan from Bank of Rajasthan. The company has on hand export orders from buyers of United States of America, Chile and United Arab Emirates worth Rs 2.50 cr.