Home  »  Company  »  Info-Drive Software Ltd.  »  Quotes  »  Company History
Enter the first few characters of Company and click 'Go'

Info-Drive Software Ltd. Company History and Annual Growth Details

HISTORY AND BUSINESS OF THE COMPANY

info-drive was started in Sept'85 as a proprietary concern
by Mr. K. Shivakumar. Later, on 16-03-88 it was
incorporated as a private limited company under the name
info-drive Computers Private Limited. On 28-11-94 it was
converted into a public limited company. The name of the
company was changed to lnfo-drive Software Limited vide
resolution dated 4th January 1995 and Fresh certificate for
change of name was obtained on 31st January 1995. Since it
is a Private Limited Company which has been converted into
a Public Limited Company,no certificate of commencement
of business is needed.

PRESENT BUSINESS OF THE COMPANY

The company is engaged in development and designing
software packages and imparting training in computers.
Company has presently 8 training centres of which 5 centres
are under franchise. The company has developed 12 software
packages on varied fields and on the training front the
company has trained over 12,000 students in the past nine
years. The company is engaged in development and designing
software packages and imparting training in computers.

On the software front the Company had developed several
Application packages for companies like Eagle press, Abbott
laboratories, Arvind enterprises and a part of Butterfly
group of industries. Further it has developed readymade
package on graphics and animations like 'Classmate Series'
Physics for school students. This package caters to the 6th
and 7th standard school students. It is mainly on the
concepts of basic physics, explained in a simple and
interesting manner with illustrations and animations.'How
does a pc work' is a a general pc based graphics and
animation product. This package explains in detail, right
from switching on the computer, how it actually works.
Further technical workings of the computer are also
explained with illustrations and animation which would help
the user to understand the total working of the computer.
Apart from the mother board, peripherals like printers, are
also covered. It has also developed 'Info-safe' a data
security software. This package encrypts data and stores in
the floppy in an encrypted manner. The user therefore has
to access only through the password which again decrypts
the data into readable format. This package is quite
useful in maintaining personal documents. 'info-guard' a
copy protection software, helps the user to protect
valuable software from being copied.

On the training side, the company conducts courses on
programming languages like Basic, Cobol, Fortran, Pascal,
C, Assembly. Training is also conducted on Application
Packages like Database, Spreadsheets and Word processing.
Another area where the company is conducting courses is on
the hardware side. In this course the student is taught
right from basic electronics to chip level servicing.
Students are also given in-house and on-site training.

Company had developed several Application packages for the
business organisations like Eagle press, Abbott
laboratories, Arvind enterprises and a part of Butterfly
group of industries.

The details of the software packages that are already
completed are:

1. 'How does a pc work'

This is a general pc based graphics and animation product.
This package explains in detail, right from switching on
the computer, how it actually works. Further units
technical workings of the computer are also explained with
illustrations and animation. It explains the basics of a
computer (architecture, fundamental units, operating units
systems) and also explains in detail all parts used in a
computer. for e.g. the working system of the mother board,
peripherals like printers, are also explained.

2. Classmate series (educational package)

this package caters to the 6th and 7th standard school
students. it is mainly on the concepts of basic physics,
explained in a simple and interesting manner with
illustrations and animations. The package deals with each
chapter and explains by computer graphics, the units
otherwise difficult concepts. The entire package is
contained in 4 floppy diskettes. In less than an hour one
can go through the entire series.

3. Infosafe (data security software)

This package encrypts data and stores in the floppy in an
encrypted manner. (it uses advanced encryption algorithm to
prevent access to protected files). It offers its users
very sophisticated on-line encryption techniques which can
be implemented easily. The user therefore has to access
only through the password which again decrypts the data
into readable format. This helps in keeping the information
confidential, in preventing misuse, theft, unauthorised
access. It is available as two utilities, as a stand alone
module and as a set of function calls for incorporating in
various languages.

4. Infoguard (copy protection software),

This software prevents unauthorised copying of computer
files. The method adopted here is that of using laser
protection concept wherein the laser technology will make
the copying of the files difficult.

5. Infoacc ( accounting software),

It helps in maintaining Journal, Ledger, Trial Balance,
Profit & Loss account and Balance Sheet. The accounting
aspects in the company using these packages can be done
very efficiently and accurately. Data entry made in the
journal will automatically update the ledgers, Trial
balance, Profit and Loss account and Balance Sheet.

The company has developed Seven client specific application
packages as detailed below:

FOR BUTTERFLY GROUP

6. payroll package,

7. inventory control,

FOR ARVIND ENTERPRISES

8. payroll package

FOR EAGLE PRESS

9. accounting package,

10. invoicing package,

11. inventory package,

FOR ABBOTT LABORATORIES

12. Invoicing and inventory package

On the training side, the company conducts courses on
programming languages like Basic, Cobol, Fortran, Pascal,
C, Assembly. Training is also conducted on Application
Packages like Database, Spreadsheets and Word processing.
Another area where the company is conducting courses is on
the hardware side. In this course the student is taught
right from basic electronics to chip level servicing.
Students are also given in-house and on-site training.

Main Objects Of The Company

The main objects to be pursued by the company on its
incorporation as set out in the Memorandum of Association
are:

1. To design, manufacture, import, export, buy, sell,
install, maintain and deal in any kind of personal
computers, mini computers and macro computers.

2. To design, manufacture, import, export, buy, sell,
install, maintain and deal in any kind of computer
peripherals and consumables including key board, printer
floppy diskettes etc.

3. To act as consultants and render technical and
professional services in the field of systems and software
development including developing and trading in common
software packages and tailor made software packages.

4. To set up laboratories, purchase and acquire any
equipment and instruments for carrying out research for
both computer hardware and software development and to
assist quality control.

5. To set up training centre to educate and train students
and people in the field of computer programming languages
and to grant such diplomas or recognitions as the company
may prescribe from time to time.

6. To set up a centre for processing data of Business and
Commercial establishments and other establishments.

7. To set up a Data Bank for trading Management and
statistical information to Commercial and other
establishments,

8. To set up a centre for rendering maintenance and service
for both computer hardware and software and to train
personnel for this purpose.

2007

-The company has issued rights in the ratio of 4:1 at a premium of Rs.2/- Per Share.

Find IFSC