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Avinash Information Technologies Ltd. Stock Analysis

Evaluated by 1 users | BSE: 531632 | NSE: |
IT - Software
Avinash Information Technologies was incorporated on March 14, 1995. It was formerly known as Mangalya Exports, the name was changed to the present one with effect from September 12, 2000. The company is a part of the Mangalya group of companies including Mangalya Soft-Tech and Mansukhbhai...

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Entity Percentage Holding
Promoters 33.88%
Non-Institutions 66.12%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
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Avinash Information Technologies was incorporated on March 14, 1995. It was formerly known as Mangalya Exports, the name was changed to the present one with effect from September 12, 2000. The company is a part of the Mangalya group of companies including Mangalya Soft-Tech and Mansukhbhai Financial Services.

As a merchant exporter, it sources items from reputed domestic manufactures and suppliers with its main thrust on exports of gems and jewellery, food products, chemicals, and

Avinash Information Technologies was incorporated on March 14, 1995. It was formerly known as Mangalya Exports, the name was changed to the present one with effect from September 12, 2000. The company is a part of the Mangalya group of companies including Mangalya Soft-Tech and Mansukhbhai Financial Services.

As a merchant exporter, it sources items from reputed domestic manufactures and suppliers with its main thrust on exports of gems and jewellery, food products, chemicals, and engineering goods.

In 2001, as a part of its diversification plan, the company signed a Memorandum of Understanding entering into a partnership with a US firm to set up an outbound call center at its facilities at Ahmedabad. It is suspended from the BSE on account of non-compliance with listing agreement clauses.

The registered office of the company is located at 101/102, New York Complex, GNFC Info Tower, 1st floor, Sarkhej-Gandhinagar Highway, Bodakdev, Ahmedabad-380054, Gujarat.

Business area of the company:

The company has been engaged in the business activities of merchant exports and Information Technology (IT) enabled services.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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