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Sibar Software Services (India) Ltd.

BSE: 532302 Sector: IT
NSE: N.A. ISIN Code: INE940A01019
BSE 05:30 | 01 Jan Sibar Software Services (India) Ltd
NSE 05:30 | 01 Jan Sibar Software Services (India) Ltd

Sibar Software Services (India) Ltd. (SIBARSOFTWARE) - Company History

Incorporated in Sep.'99, Sibar Software Service (India) Ltd was established with the objective to undertake, design and development, research of software systems, products and solutions, to set up and run software/hardware training centres, software consultancy, system studies, management consultancy, technoeconomic feasibility studies of projects, design and development of management information in and outside India. It is orginated from Secure Information Technology Solutions Inc. (SITS Inc.) which was incorporated in Apr.'97 in the USA as Michigan profit corporation and promoted by four US based Software Professionals. The company concentrated on onsite consultancy and subcontracting. Having created a foundation in USA through SITS Inc. the promoters have embarked on a mission to globalize through from end offices in Mauritius, Singapore and Australia and development centres in India by using cost effective skilled manpower. The company came out with a public issue of 35,00,000 equity shares of Rs. 10/- each to expand its software development center in Hyderabad and and Vijaywada and to invest in subsidiaries in the Mauritius, USA, Austrailia and singapore to support its marketing activities. The Company visualizes multifarious opportunities in the fields of GIS, VLSI and other core sectors besides entertainment arena.