Magnum was incorporated as a private company on January 31, 1992, converted into a public company on May 6, 1994, and got its present name on January 2, 2000. The company is engaged in providing software and share transfer services.
The company has business interests in software development, marketing and support services for government entities. In financial year 2007, the company diversified into the role of registrar to issues and share transfer agent. It has received a license from
Magnum was incorporated as a private company on January 31, 1992, converted into a public company on May 6, 1994, and got its present name on January 2, 2000. The company is engaged in providing software and share transfer services.
The company has business interests in software development, marketing and support services for government entities. In financial year 2007, the company diversified into the role of registrar to issues and share transfer agent. It has received a license from Security Exchange Board of India (SEBI) to work as a share transfer agent category II.
Some of the several software projects implemented for the Gujarat government bodies include customization of the fixed assets module of SAP, data entry job for the sales tax department, implementation of software development in the divisional offices of the Gujarat Electricity Board (GEB) and training staff in running and maintaining programs and software.
The company also trained the GEB staff in oracle and developer 2000, provided support for software implemented at the Gujarat State Road Transport Corporation and Regional Transport offices, and provided training to staff of the Gujarat water sewerage board in the design and payroll software developed by the company and implemented at six locations.
The registered office of the company is located at A/1 Skylark Apartment, Satellite Road, Ahmedabad-380015, Gujarat.
History
- 1992 - The company was incorporated as a private company on January 31, 1992 in the name of Magnum Fincap to provide software and share transfer services.
- 1994 - The company was converted into a public company on May 6, 1994.
- 2000 - Name of the company was changed from Magnum Fincap to Magnum on January 2, 2000.
- 2006 - Shares of the company had been de-listed from the Ahmedabad stock exchange (ASEL) from December 27, 2006.
- 2006 - Board of directors of the company on a meeting held on October 3, 2006 had appointed Nagesh Bhandari, Shailesh Bhandari and Avinash Bhandari as directors of the company.
- 2006 - On the same meeting the company had changed its registered office address.
- 2007 - The company diversified its role into registrar to issues and also acts as share transfer agent.
- 2007 - Gitesh K Shah was re-appointed as director of the company.
- 2007 - Shailesh Bhandari, Avinash Bhandari and Nagesh Bhandari, who were additional directors up to 15th annual general meeting, were appointed as directors of the company.
Certification/ Recognition
It is an ISO-9001:1994 certified company
