Intellect Design Arena Ltd.

BSE: 538835 | NSE: INTELLECT
Small Cap | IT - Software
922.30
8.15 (0.89%)
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Intellect Design Arena surges on the BSE

Date: 13-06-2018

Intellect Design Arena is currently trading at Rs. 222.85, up by 4.60 points or 2.11% from its previous closing of Rs. 218.25 on the BSE.

The scrip opened at Rs. 218.75 and has touched a high and low of Rs. 226.45 and Rs. 218.75 respectively. So far 99180 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 226.45 on 13-Jun-2018 and a 52 week low of Rs. 96.50 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 226.45 and Rs. 185.60 respectively. The current market cap of the company is Rs. 2815.47 crore.

The promoters holding in the company stood at 31.04%, while Institutions and Non-Institutions held 22.95% and 46.01% respectively.

Polaris Banyan Holding has acquired one lakh equity shares of Intellect Design Arena through open market purchase on June 11, 2018. The amount invested for acquiring the stakes was around Rs 20 crore.

Earlier, Polaris Banyan had 31761000 equity shares or 25.25% in the company which has been increased to 31861000 equity shares or 25.33%.

Intellect Design Arena a specialist in applying true digital technologies, is the world's first full spectrum banking and insurance technology products company, across Global Consumer Banking (iGCB), Central Banking, Global Transaction Banking (iGTB), Risk and Treasury Management (iRTM) and Insurance (Intellect SEEC).