Melstar Information Technologies Ltd

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NSEBSE

5.10-0.10 (-1.92%)

12:00 AM,20th Feb 2024

5.00-0.10 (-1.96%)

04:01 PM,21st Feb 2024

BSE : 532307

NSE : MELSTAR

Sector : IT

ISIN Code : INE817A01019

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Last Updated: Feb 21 2024 | 04:01 PM IST

Market Cap (₹ Cr)

7

Turnover (₹ Cr)

0.00

Volume (Shares)

20010

Face Value

10

52-WK High

6.30

52-WK High Date

25 Jan 2024

52-WK Low

1.85

52-WK Low Date

17 Jul 2023

All Time High

368.95

All Time High Date

09 Mar 2000

All Time Low

0.65

All Time Low Date

26 Nov 2019

Melstar Information Technologies Ltd

Melstar Information Technologies Ltd (MITL) was incorporated on August 12 1986 as a private limited company under the name of Sifa India Pvt. Ltd thereafter the company was converted into a public limited company in July 1994 and changed its name to present one. Promoted by SIFA GmbH West Germany and Patel Group of Bombay MITL manufacturers exports imports buy sell and deal in electronic systems information technology including consultancy computer hardware software development infotech services enterprise solutions out-sourcing and facility management internet E-commerce etc.In 1993 the company diversified into software exports and has been exporting mainly to USA Italy Switzerland etc. It further diversified into manufacture of electronic products such as calculators blinkers etc in 1994-95. The company also established a branch office in London on May 1998. Melstar Inc is a subsidiary of MITL located in USA. In July 1999 Melstar Industries (MIL) was amalgamated with the company in terms of scheme of amalgamation sanctioned by the Hon'ble Bombay High Court.The Company made its initial public offer in January 2000. it acquired Linkhand Ltd and its two subsidiaries and also acquired 100% of the equity of Global System Development Inc. in the US. The Company also incorporated subsidiaries in UK Germany and Singapore.During the year 2005-06 at the Court Convened Meeting the Scheme of Arrangement for Merger of Melstar Fashions Private Limited (MFPL) a Group Company under the control of the Promoters of the Company was made effective on 9th October 2006. In terms of the approved Scheme every equity shareholder of erstwhile MFPL was allotted one fully Paid up 5% Cumulative Redeemable Preference Share of Rs.10/- each for every 50 Equity Shares of Rs.10/- each held in erstwhile MFPL. During the period 2015-16 the Company acquired the 600000 equity shares aggregating to 100% of the paid up share capital of IDV Technology Solutions Private Limited for a consideration of Rs. 0.6 Crores. With the acquisition of these shares IDV Technology Solutions Private Limited became the Subsidiary of the Company effective on 23.12.2015. Later the Company sold 486000 Equity Shares of Rs.10/- each aggregating 81% Equity Shares of IDV Technology Solutions Private Limited. Consequently the Company held 19% stake in the said Company and thus IDV Technology Solutions Private Limited ceased to be subsidiary of the Company on 29.09.2016.

Melstar Information Technologies Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

7

EPS - TTM (₹) [S]

0.00

P/E Ratio (X) [S]

-1.84

Face Value (₹) 10
Latest Dividend (%)-
Latest Dividend Date -
Dividend Yield (%) -
Book Value Share (₹) [S]-2.77
P/B Ratio (₹) [S]-1.84
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

5.10

5.10

Week Low/High

5.10

5.00

Month Low/High

5.10

6.00

Year Low/High

1.85

6.00

All time Low/High

1.30

369.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-1.54%-1.92%1.110.98%
1 Month-17.87%-15.70%1.682.24%
3 Month60.88%39.73%10.1511.48%
6 Month162.89%161.54%11.3613.72%
1 Year85.45%131.82%19.7023.72%
3 Year168.42%183.33%42.7147.21%

Company Info

Company Information

Addtnl Independent Director : Kirti Tripathi

Addtnl Independent Director : Vineet Kumar Tripathi

Addtnl Independent Director : Sirish Kumar Sahoo

Managing Director : Anant Satish Pathak

Registered Office: 5th Flr 159 Industry House, Churchgate Reclamation,Mumbai,Maharashtra-400020 Ph: 91-022-6235 6400

Email:info@melstar.com

URL:http://www.melstar.com