SVAM SOFTWARE Share price

Svam Software Limited (SSL) was incorporated on 24th January ''92and obtained the certificate of Commencement of business on 13thFeb. 1992. The company had commenced its commemial operationson 11th April 1992.The company was launched as a multi-disciplinary organization in1992. The last two years have primarily gone into building theinfrastructure so as to provide the ground work and launch padfor the expansion phase proposed now.The company is in three primary areas of business within the IT(INFORMATION TECHNOLOGY) Industry namely; Software Developmentand Marketing Computer Training - Education and Marketing andDistribution of Software Packages.A)SOFTWARE DEVELOPMENT AND MARKETING:The company has set up a Software Development centre under theSoftware Technology Park Scheme of the Govt. of India at 70Janpath Connaught Place New Delhi - 110 001 and is alsoregistered as a Software Development Organization. During thisperiod assignments have been taken up for companies in the U.S.U.K New Zealand and Middle-East as well as in India. Theseassingments have primarily been in the application software areausing the latest state-of-art Technologies such as Multi-MediaClient-Server OOPS RDBMS GUI etc. With the proposed expansionof software development facilities to Bangalore the company willbe able to further exploit the software development capabilitieswithin the country.B)COMPUTER TRAINING - EDUCATIONTaking a conscious decision to separately brand its trainingdivision the company named it "C-SET" (Centre for SoftwareExports and Training). The brand establishment after a lot oftime effort and monetory resourses is complete. Today "C-SET"is acknowledged in the training area for its quality andstate-of-art training facilities. As the main problem with thesoftware industry is inadequate availability of manpower both innumbers as well as quality it has therefore become incumbentnot only to acquire the requisite manpower but almost in everycase to train them in the relevant skill so as to match themwith the industry''s requirement both in India and abroad. Withthe IT-Training Industry having grown @ 65.43% during the year1993-94 and is expected to expand and grow at a similar paceduring the next few years the Company is planning to be thereto take advantage of the same.To practically achieve the above goal the company successfullyconceptualised and pioneered the concept of a GLOBAL CLASS whichit launched in the end of 1993. The first batch of students havepassed out and have been absorbed in the Software Division ofthe company as well have been absorbed in leading softwarehouses such as TCS ICIM NETWORK NIC etc.Another first fmm the company was its state-of-the-art IBM AS400Training Course. The company thmugh its R & D has launched the"Centre for Computer Art and Animation" wherein training on thelatest computer graphics and animabon platforms is beingprovided.The company has already opened 10 Training Institutes under thename of C-SET (Centre for Software Export and Training). C-SETis also an Authorised Training Centre for INGRES CORPORATION(USA) and COREL CORPORATION (CANADA). At C-SET the companyoffers a variety of long term short term and specialisedcourses for training at various levels.The company''s Corporate Services Division (CSD) caters to thespecific needs of the corporate sector to enable it to add valueto its human resources. This division having carved out a nichefor itself in the industry and the corporate sector is todayalso looking at "C-SET" as a primary source for qualitycustomised computer training comparable to internationalstandards. The computer training programmes for the corporatesector are focussed so as to cater to different levels ofmanagement. The high quality training imparted by "C-SET" is acost effective way for an organisation to commencecomputerisation by preparing its personnel in the beginningitself.This need has helped shape the CSD training programmes of thecompany. "C-SET" offers a comprehensive training solution to itscorporate clients which provides them the competitive edge.The company has organized a number of training programmes forExecutives of Public Sector Undertakings Foreign BanksGovernment Departmental Undertakings and Indian Companies.The Company has no subsidiary at present.