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Monalisa Infotech Ltd.

BSE: 530551 Sector: IT
NSE: N.A. ISIN Code: INE021B01024
BSE 05:30 | 01 Jan Monalisa Infotech Ltd
NSE 05:30 | 01 Jan Monalisa Infotech Ltd

Monalisa Infotech Ltd. (MONALISAINFOTEC) - Company History

Monalisa Infotech Ltd(formerly Monalisa Multiplast) incorporated in May 1994 and promoted by Mohammed Azam Khan and his associates is into manufactures of plastic-moulded products like plastic furnitures and plastic household articles. MML has set up facility at Daman for the manufacture of industrial and domestic plasticware such as injection-moulded plastic products from from HDPE, HM, HDP, LLDPE, LDPE, polypropylene, homopolymers and copolymers, SAN, ABS and other plastic raw materials with an installed capacity of 3600 tpa.. The company markets its products under the Mona Lisa brand name through a well established sales network of sales executives and distributors. Commercial production of drums commenced in Apr.'95. It recently launched a new range of chairs branded Monalisa Highbac and Monalisa Tuffy. The company launched a new range of chairs made from imported and indigenously available virgin polypropylene, manufactured on the injection-moulding machine imported from Italtech, Italy (a member of the Fiat group). During the year 1999-2000, the company's diversification into software and IT industry has proved a great success. It has successfully launched two portals i.e. propertyrealestate.com and healthcarehouse.com. The company's newly established branch at New Jersey - USA for IT sector has boosted managements confidence for fast track growth. Subsequently it has changed its name to Monalisa Infotech Ltd.