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Zen Technologies Ltd.

BSE: 533339 Sector: IT
NSE: ZENTEC ISIN Code: INE251B01027
BSE 00:00 | 29 Jul 93.70 -0.90
(-0.95%)
OPEN

92.10

HIGH

95.30

LOW

92.10

NSE 00:00 | 29 Jul 93.70 -0.85
(-0.90%)
OPEN

94.25

HIGH

95.40

LOW

93.00

OPEN 92.10
PREVIOUS CLOSE 94.60
VOLUME 39948
52-Week high 106.85
52-Week low 49.75
P/E 167.32
Mkt Cap.(Rs cr) 745
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 92.10
CLOSE 94.60
VOLUME 39948
52-Week high 106.85
52-Week low 49.75
P/E 167.32
Mkt Cap.(Rs cr) 745
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Zen Technologies Ltd. (ZENTEC) - Company History

Zen Technologies Ltd is a pioneer in the design development and manufacture of world class state-of-the-art training simulators. The company develops simulators for weapons and defense equipments. They operate in the simulation segment. The company has ISO 9001:2008 (QMS) ISO 27001:2005 (ISMS) Certification and is a CMMI Level 3 Company.The motto of the company is to develop indigenous state-of-the-art simulators which compete with the world-class simulators. The company attaches special importance to their R&D activities. The R&D division has sophisticated software tools and skilled manpower to develop simulators. The in-house R&D unit at Zen Technologies is recognized by the Department of Scientific and Industrial Research Min. of Science &Technology Govt. of India.The company has supplied over 170 simulators to over 70 customers all over India and enjoys the confidence of this large customer base. Their customers are located across the length and breadth of the country. The main customers are Defense Services State Police forces Para Military forces and the Navy of a South East Asian country.The company's products are Small Arms Training Simulator (Zen SATS SL) Hand Grenade Simulator (Zen HE36S) Advanced Weapons Simulator (Zen AWeSim) Tactical Engagement Simulator (Zen TacSim) 81mm Mortar Simulator Driving Training Simulator (Zen DTS) Zen Bus Simulator BMP II Driving Simulator (ZEN BMP-II DS) and Anti-Tank Guided Missile Simulator (Zen ATGM Sim). Zen Technologies Ltd was incorporated in the year 1993. The company established with an aim of developing state-of-the-art simulators for weapons and allied defense equipment. Over the year the company has developed expertise in designing developing and manufacturing various types of state-of-the-art simulators. The company went public in the year 2000.During the year 2004-05 the company developed two new products namely Anti-tank Guided Missile Simulator and Tactical Engagement Simulator. During the year 2005-06 they made a tie up with SAAB Training Systems (STS) Sweden for their highly evolved version of TacSim that is being used by many security forces across Europe. During the year 2006-07 the company launched the Cabin Crew Simulator. The Cabin Crew simulator is being used by CMTES based in Secunderabad. In January 25 2007 they incorporated a wholly owned subsidiary company namely Zen Technologies FZE at RAK Free Trade Zone in the Emirate of Ras Al Khaimah.During the year 2007-08 the company equity shares were listed on Inter-Connected Stock Exchange Of India Ltd. Also they company started a new Production Unit at Nalagarh Himachal Pradesh.During the year 2009-10 the company completed the Phase I construction of production facilities on the land allotted to them near Hyderabad's new international airport. In August 21 2010 the company incorporated a wholly owned subsidiary company with the name Version2Games Ltd.The company proposes to venture into European market for driving simulators. They expect Europe to be a big market for driving simulators due to a European directive which requires all load carrying and passenger carrying vehicle drivers to undergo compulsory 35 hours of driver training within a span of 5 years.

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