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Infraquest International Ltd.

BSE: 531793 Sector: Others
NSE: N.A. ISIN Code: INE786B01022
BSE 05:30 | 01 Jan Infraquest International Ltd
NSE 05:30 | 01 Jan Infraquest International Ltd

Infraquest International Ltd. (INFRAQUESTINTL) - Company History

Incorporated in Feb.'94, Infoquest Software Exports is engaged in software development. It was promoted by Sanjay Jhalani. The company proposes to expand its business into a software development unit for the export market under the Software Technology Park Scheme of the Government of India at Indore. The company came out with a public issue of 30 lac equity shares of Rs 10 each for cash at par aggregating Rs 300 lac, in Apr.'96, to part-finance its project. It proposes to install IBM mid-range computers and other workstations / servers to undertake client server projects on operating systems like unix, novell, etc. The company has arrangements with Software Services Support and Education Centre, a joint venture between the European Commission and the Government of India, to promote software exports to Europe. It proposes to have an office at Provo, US, to seek new assignments in the US market. The company had a stock split of existing equity shares from every one existing equity share of Rs 10/- each into ten equity shares of Re 1/- each.