Live Webinar on "How to Invest successfully to reach goals without losing sleep" Sign up for Live Webinar
Did you know?
How did MoneyWorks4me help subscribers to buy Divis Lab at Rs. 629/ share in 2017?

Ramco Systems to raise Rs 500 crore this year

09 Feb 2015

Ramco Systems is planning to raise around Rs 500 crore through issue of equity shares this year. The software firm will utilise this fund to repay all of its outstanding debt and use the remaining for marketing and brand building activities. The company’s debt was at around Rs 280 crore in the quarter ended December 31, 2014.

The company in 2013 had raised around Rs 123 crore that was utilised for branding and marketing operations as well as to retire some of its debt.

Ramco Systems is a leading software company focused on consulting, product and managed services business. The company focuses on providing innovative business solutions that can be delivered quickly and cost-effectively in complex environments.

 

Related Ramco Systems Ltd. Links:

Ramco Systems Share Price

459.05 -6.00 (-1.29%) Oct 21, 18:01
1 Year Price Chart
Peers
Company Name CMP
TCS 3533.40
Infosys 1753.85
HCL Tech. 1211.75
Wipro 695.70
Tech Mahindra 1524.20
View more..
Sensex vs Ramco Systems
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback