Intellect Design Arena Ltd.

Intellect Design Arena is currently trading at Rs. 924.05, up by 29.00 points or 3.24% from its previous closing of Rs. 895.05 on the BSE.

The scrip opened at Rs. 894.90 and has touched a high and low of Rs. 934.00 and Rs. 893.55 respectively. So far 34036 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 970.00 on 20-Jan-2024 and a 52 week low of Rs. 388.00 on 16-Mar-2023.

Last one week high and low of the scrip stood at Rs. 934.00 and Rs. 865.00 respectively. The current market cap of the company is Rs. 12676.19 crore.

The promoters holding in the company stood at 30.38%, while Institutions and Non-Institutions held 28.94% and 40.68% respectively.

Intellect Design Arena’s consumer banking arm -- Intellect Global Consumer Banking (iGCB) has partnered with NASFUND Contributors Savings & Loan Society (NCSL), one of the largest savings and loan societies in Papua New Guinea (PNG) and South Pacific, to implement iGCB’s award-winning core banking system, IDC, to fulfill their mission of improving the quality of life of their members through e-novation, security, services and a wide range of savings and loan products.

The institution is looking to digitally transform its business by introducing 100% automation in its processes including onboarding of Members, Loan initiation & Processing, Member Contribution and Reconciliation.

Intellect Design Arena, a global leader when it comes to applying true digital technology, is the world’s first financial tech company that covers the entire spectrum of banking and insurance needs with its wide suite of products.