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CG-VAK Software & Exports Ltd.

BSE: 531489 Sector: IT
NSE: N.A. ISIN Code: INE084D01010
BSE 00:00 | 17 Aug 336.60 -16.80
(-4.75%)
OPEN

357.90

HIGH

357.90

LOW

335.00

NSE 05:30 | 01 Jan CG-VAK Software & Exports Ltd
OPEN 357.90
PREVIOUS CLOSE 353.40
VOLUME 12909
52-Week high 435.00
52-Week low 137.00
P/E 16.78
Mkt Cap.(Rs cr) 170
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 357.90
CLOSE 353.40
VOLUME 12909
52-Week high 435.00
52-Week low 137.00
P/E 16.78
Mkt Cap.(Rs cr) 170
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

CG-VAK Software & Exports Ltd. (CGVAKSOFTWARE) - Company History

CG-VAK Software and Exports is promoted by G Suresh and K Manickam with wide experience in the business of information technology. It was incorporated as a public limited company in Dec.'94.The company set up a 100% export-oriented software development unit under the Software Technology Park Scheme of the Department of Electronics. It entered into strategic alliance with Optimum Technologies US for marketing its products and services in the US and with Al-Salmyiah Computer Trading Dubai for marketing its products in the UAE. It also set up an office at Dubai to have international connectivity. It set up a separate unit to offer its products and services to the domestic market. It came out with a public issue in Dec.'95 to part-finance its project.CG-VAK provides customised software solutions pre-programmed application packages re-engineering consultancy professional services multimedia and training.During 1998-99 the USA operation at New Jersey was streamlined. Since USA is th largest importer of Indian software has a relative high usage of solutions in client server environment. It also plans to set up another office in California.The company has obtained ISO-9001 during the year 2000-2001 by Det Norske Veritas(DNV) The Netherland.The company is planning to set up a business development centre at Europe at an investment of Rs 250 Thousand Dollars(Approx Rs.1 Crore) which would be met by internal sources.The project is expected to start at early 2002.

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