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एस सॉफ्टवेयर एक्सपोर्ट्स > कंपनी इतिहास > Computers - Software Medium & Small > कंपनी इतिहास का एस सॉफ्टवेयर एक्सपोर्ट्स - बीएसई: 531525, NSE: N.A

एस सॉफ्टवेयर एक्सपोर्ट्स

बीएसई: 531525  |  NSE: N.A  |  ISIN: INE849B01010  |  Computers - Software Medium & Small

कंपनी इतिहास - एस सॉफ्टवेयर एक्सपोर्ट्स
Ace Software Exports Limited was incorporated on 17th
 August 1994 as a public limited company by Mr. Sanjay
 Dhamsania, Mr. Vikram Sanghani and Mr. Jay Sanghani. The
 company received certificate of commencement of business
 dated September 23, 1994 from Registrar of Companies,
 Gujarat, Dadra and Nagar Haveli. They were engaged in the
 business of database creation since October 1992 under the
 Partnership Firm, Ace Software Exports. Ace Software
 Exports, the Partnership Firm has exported 100% of its
 production to Apex Data Services Inc., U.S.A. since
 inception.
 
 Ace Software Exports Limited has acquired the fixed assets
 and the running business of the Partnership Firm.  The
 Company has signed a fresh Agreement with Apex Data
 Services Inc. for buy-back of 100% of its production.
 
 There is no agreement for takeover of business from Ace
 Software Exports. The Assets acquired by the company from
 the firm and the basis of transfer is as under.
 
 Computer and office equipments of Rs.48.07 lacs have been
 acquired by the company. These have been sold by the firm
 at book value without any revaluation.
 
 240 Equity shares each of Rajkot Computer Education Pvt.
 Ltd. and Ace Computer Education Pvt. Ltd. acquired at a
 cost of Rs.15 lacs and Rs.25 lacs respectively. These
 companies have been promoted by the promoters and are under
 the same management. These have been transferred at book
 value which represents cost of acquisition to the
 partnership firm.
 
 * 240 Equity Shares (Face value Rs.100/-)       15,00,000
 of Rajkot Computer Education Pvt. Ltd., 
 Rajkot. The valuation of 240 shares acquired by the company
 is arrived at by the company on the following basis which
 was done on March 31, 1995
 
   I  - Equity Capital                              50,000
  II  - Reserves and Surplus                      1,27,471
 III  - Capital Expenditure written off in the
        books upto 31/03/95 (Approx. Value)
 
        a. Software                                 40,000
        b. Technical Know-how                       95,000
        c. Technical Reference Material           1,00,000
        d. Courseware Material                      35,000
 
                                                  2,70,000
  IV  - Differential cost of replacement of
        fixed assets
 
        a. Furniture                              5,41,848
        b. Plant and Machinery and office
           equipments                             1,94,853
        c. Building                              15,86,812
 
                                                 23,23,513
 
   V  - Goodwill                                  6,00,000
 
        Total                                    33,70,984
 
 Net Asset Value Per Share (33,70,984/500) is  Rs.6,742/-
 Cost of purchase per share (15,00,000/240) is Rs.6,250/-
 
 * 240 Equity Shares (Face value Rs.100/-) of    25,00,000
 Ace Computer Education Pvt. Ltd., Ahmedabad.
 
 The valuation of 240 shares acquired by the company is
 arrived at by the company on the following basis which was
 done on March 31, 1995
 
   I  - Equity Capital                              50,000
  II  - Reserves and Surplus                      5,61,565
 III  - Capital Expenditure written 
        off in the books upto 
        31/03/95 (Approx. Value)
 
        a. Software                 6,65,000
        b. Technical Know-how       1,95,000
        c. Technical Reference 
           Material                 2,50,000
        d. Courseware Material      1,50,000
 
                                                 12,60,000
  IV  - Differential cost of 
        replacement of fixed 
        assets
 
        a. Furniture                6,47,909
        b. Plant and Machinery 
           and office equipments    2,94,550
        c. Building                23,59,000
                                                 33,01,459
 
   V  - Goodwill                                  8,00,000
 
        Total                                    59,73,024
 
 Net Asset Value Per Share (59,73,024/500) is  Rs.11,946/-
 Cost of purchase per share (25,00,000/240) is Rs.10,417/-
 
 PRESENT BUSINESS OF THE COMPANY
 
 The main area of operations which were carried out in the
 Partnership Firm, which now will be carried out by the
 Company has been the development of Software as per the
 clients' specifications. In software, the Company's
 specialisation has been in creation of databases.
 
 The Promoters have earlier handled a large number of
 assignments which include creation of Regulatory and Legal
 Databases, Financial Reports, Historical Literary databases
 for systems ranging from PC based CD-ROM Products to
 On-Line Mainframe products including workstation based Full
 - text search and Retrieval Systems for entities based in
 the United States, viz. Nuclear Power Plants, Leading
 Corporations, CD-ROM manufacturers etc.
 
 The Company has perfected the technology for delivering
 quality products to its clients. It guarantees 99.995%
 accuracy, less than one error in twenty thousand, and
 routinely delivers 100% accurate work.
 
 MAIN OBJECTS OF THE COMPANY
 
 The main objects of the Company as stated in the Memorandum
 & Articles of Association of the Company are:
 
 1. To carry on the business of Exporters, Importers,
 Lenders and Hirers, Traders, Dealers, Buyers, Sellers,
 Commission Agents, Contractors, Sub-Contractors, Repairers
 of Computer Software and Hardware, Data Processing,
 Computer Aided Designs [CAD], Computer Aided Manufacturing
 [CAM], Conversion of all types of Engineering/Drawings to
 Electronic Media and other allied peripherals and media
 products of all types and telecommunication.
 
 2. To establish and run data processing/computer centers
 and to offer consultancy and data processing and other
 services that are normally offered by data
 processing/computer centers to industrial, business and
 other types of customers and to import training on
 electronic data processing computer software and hardware,
 to customers and others. To conduct seminars, conferences
 for all matters relating to computer hardware, software and
 other related matters.
 
 The present and the proposed activities of the company as
 laid out above are within the purview of the Objects of the
 company as set out in the main objects clause of the
 Memorandum of Association of the Company.
 
 SUBSIDIARY
 
 The company does not have any subsidiary.
 
 2003
 
 -Board of Directors approves buyback of shares.
 
 
 2004
 
 -Board recommends Dividend of 5%.
 
 
 2008
 
 -E-mail ID for Investors Complaints:investorinfo@acesoftex.com
 
 
 
 
 
 
 
 
 
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • BREAKING NEWS LOWER : महाराष्ट्र, हरियाणा विधानसभा के लिए मतदान
  • BREAKING NEWS LOWER : महाराष्ट्र की सभी 288 सीटों पर मतदान जारी
  • BREAKING NEWS LOWER : हरियाणा की सभी 90 सीटों पर मतदान जारी
  • BREAKING NEWS LOWER : 51 विधानसभा, 2 लोकसभा सीटों पर उप-चुनाव
  • BREAKING NEWS LOWER : हरियाणा में दोपहर 1 बजे तक 34.88% मतदान
  • BREAKING NEWS RED : महाराष्ट्र: दोपहर 1 बजे तक 26.07% मतदान

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