Cerebra Integrated Technologies Share price

The company was originally started as a partnership firm under the name and style of "Integrated Technologies" on 25th July 1992 by Mr. V. Ranganathan Mr. Gururaja K Upadhya and Mr. Saibal Sen. It was converted and incorporated as a Public Limited Company as Cerebra integrated Technologies Limited on 31st December 1993 with the Registrar of Companies Karnataka at Bangalore. The Company is more than 8 years old Profit making IT Company engaged in manufacturing Computer Systems under the Brand Name CEREBRA and Software Development.The Company has taken over "Monolithic Components and Peripherals" a partnership firm on 01.04.1997 the details of which are furnished under the Capital structure.Take over consideration of Monolithic Components and Peripherals are as follows :Particulars Amount Amount Rs. Rs.Fixed Assets 231728Current Assets loans & advances- Deposits 2021376- Stock in trade 2163357Sundry Debtors 3298381Cash in hand 8121Bank Balances 8249Loans & Advances 144096Total of Assets 7875308Less : Liabilities- Secured Loans 1242575- Unsecured Loans 2135242- Sundry Creditors 865964- Advances from debtors 27050- Bills discounted with bank 800000- Canara Bank OCC 1932107- Duties & taxes 12648- Provisions 52037Total of liabilities 7067623Take-over consideration 807685The Company is one of India''s leading P.C. manufacturers and a fast growing IT Solutions Provider. The Company due to its long standing presence in the IT Sector and its endeavor for attaining quality service and reliability has got ISO 9002 Certification for production installation service and software solutions from KEMA Netherlands. (NVT-QC) India on 1.1.99. Cerebra is one of the few companies to get different range of PCs manufactured and certified under the stringent test standards as defined by the Department of Electronics and Department of Telecom''s QA approval for usage with Intel Components in their telephone exchanges. The Company was awarded the Intel Server platform validation certificate ensuring the quality of products.Cerebra Servers have been ranked No.1 in terms of performance among corporate contenders which include Acer Compaq Dart and Nest - Source CHIP Computer Magazine edition February 2000.The Company has developed various kinds of software packages viz. Financial Accounting Package Excise Accounting Package Hospital Management System Parcel Tracking system Multimedia based information system and Sales & Purchase order processing Excise Module etc. All products of Cerebra are Y2K compliant. Besides Cerebra is also engaged in trading of Microsoft software and other reputed software products.Cerebra as a brand is well known in large corporates financialinstitutions. banks government agencies public sector units. MNCs and hospitals as a sign of quality reliability and service on par with any multinational Company.Cerebra has the unique distinction of implementing computerization of many branches of scheduled banks and developing the concept of low cost quick implementation of MAN (Metropolitan Area Network) between the computerized branches. It was one of the first companies to get its range of PCs manufactured and certified under the stringent test standards as defined by the Department of Electronics. The Company obtained Department of Telecom''s DOT-OA Approval for usage with IntelComponents in the Telephone Exchanges. The Company was awarded Server platform validation certificate by Intel as a test of quality and compatibility of the components.The Company is also a member of Microsoft OEM System builder program and an authorized channel partner of Oracle Corporation Onward Technologies and Novell India and is the distributor for a range of products from TVS Electronics Ltd. which includes printers backup devices etc. The certifications are available as material documents for inspection. The Company has eight years standing in the market.It also has a blend of participation in the Equity Capital of the Company bya. Mutual Funds viz. Sun F&C Mutual Funds Birla Sunlife AMC Fund GIC Mutual Fund Reliance Mutual Fund Empire International Holdings Ltd.b. Venture Capital Fund - Karnataka Information Technology Venture Capital Fund (KITVEN Fund) a Karnataka Government undertaking.c. Financial Institution - Karnataka State Industrial Investment &Development Corporation Ltd.d. Banks - Bank of Madura Ltd.e. Corporate - Karvy Consultants Ltd.The Company''s has more than 500 major customers major of which are as under :i) These Companies have given their consent for inclusion of their name in the offer document. The same are available as document for inspection.Government organisations - Madras Regional Purchase Unit.Banks - Accountant General Employees Co-operative Bank Ltd. Public Sector Units - Electronics Corporation of India Ltd. Bharath Electronics Ltd. HTL Ltd.Large Corporates - BPL Telecom Ltd. Trent Ltd. John Fowler (India) Ltd. Thermax Ltd.Small & Medium Enterprises - Parijma Health Care Karnataka Agro Chemicals Pvt. Ltd. Evolus India Pvt. Ltd. Technology Media Group New International House of Travels Shidore Microsys Pvt. Ltd. Methodex Systems Ltd.ii) Customers whose appreciation letters form part of material documents.Government Organisations - Department of Telecommunications.Bangalore Department of Telecommunications Palakkad.Research Organisations - Aeronautical Development Agency National Aerospace Laboratories Indira Gandhi Centre for Atomic Research. Indian Council of Medical ResearchBanks - Reserve Bank of India The Vysya Bank Ltd. Bank of India Mumbai Bank of India Bangalore City Union Bank Ltd.Educational Institutions - University of Agricultural Sciences R.V.College of Engineering Vivekananda Institute of TechnologyPublic Sector Units - Bharath Earth Movers Ltd. ITI Ltd.Large corporates - Alcatel Network Systems India Ltd.Small & Medium Enterprises - Sutures India Pvt. Ltd.iii) Customers whose purchase orders form part of material documents.Government Organisations Prasara Bharathi Andhra Pradesh Technology service Central Excise Central railway Mumbai KSDL KSIIDC MSIL ONGCResearch Organisations - BARC CPRI LRDE