Ratnakar Securities Ltd. Company History and Annual Growth Details

Mangalya Soft-Tech Limited was incorporated as a Private Limited Company in Ahmedabad in the State of Gujarat on 5th May 1992. The Company was converted into Public Limited Company vide Special Resolution passed on 23.7.92 and Fresh Certificate of Incorporation, consequent on change of Name, was issued from the Office of Registrar of Companies, Gujarat dated 9th July, 1993.The Company was promoted by Shri Atul Manshukhbhai Shah and Shri
Ashit Mansukhbhai Shah.

The main object of the company is to provide cost effective and quality Software Solution to the Corporate Clients. The business of the company consists of development of custom-built software and sale of Software Packages.

1993 - The Company has designed, developed and implemented computerised
systems for banks, insurance companies, corporate bodies etc.

- The Company is the authorised distributor for a range of products
of TATA UNISYS LTD., viz. Zenview, SingBANK which are used by
Bank & Accounting Firms, insurance Companies, Law Firms,
Hospitals, Pharmaceuticals Companies, Real Estaet Brokerage Firms
and businesses of all sizes.

- The Company proposes to strengthen its organisational setup by
induction of experienced professionals from the financial and
information technology sector, at the executive level to cope up
with the enhance and diversified operations.

- The Company would become the member of Technology Park at
Gandhinagar to avail the benefits for using data communication
links, satellite communication facilities for software
development for export purpose.

- The Company proposes to set up offices at Singapore and Bahrain.

1995 - The Company has entered into a technical collaboration with a
well known and leading Madras-based Software Company namely
Datasoft Information System Pviate Limited.

- The Company will have its own research and deveopment departmnt
for development of day-to-day softwares.

- The Company proposes to recruit software professionals,
engineers, management graduates, chartered accountants etc.

2025

-Company name has changed to Ratnakar Securities Ltd. from Mangalya Soft-Tech Ltd..

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