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Home > Business India > Company Profiles: In House Productions Ltd.

In House Productions Ltd.
Registered Office : 194 Park Street RSC 2 S.V.P.Nagar Mumbai Maharashtra - 400053 Tel: 66924791
Business Group: Not Applicable Industry Type: Infotech/Databases
Key Officials:
Mr. Satyen Gandhi
Mr. S Ravindran
Mr. R C Sharma
Mr. Ajay Shanghavi
Col. Rameshwar Nath Kaushik
Director
Director
Director
Managing Director
Director
Public Issue Date: 25/08/1994 BSE CODE: 526610 NSE CODE: Not Available
Face Value: 10 Market Lot: 1 ISIN: INE120B01024
Current PE: 5.1425 Current Market Capital: 4.3729
Promoters %: 72.1835
Promoters Shares: 3431027
Institution Investment %: 0.0118
Institution Investment Shares: 560
Auditor:
Mukesh M Shah & Co.
Banker:
Registrar:
Intime Spectrum Registry Ltd. C-13 Pannalal Silk Mills Compound LBS Marg Bhandup (W)Mumbai 400078 Maharashtra 25960320
Company History: YEAR EVENTS1993 - The Company was incorporated on June 15 as Core Information and Investor Services Limited with the object of on the business of creating and marketing business database and setting up Investor-cum-Information Shops (FINMARTS).

- The main promoters are Mr. Harsha Bhatkal Popular Prakashant Pvt. Ltd. Mr. Anant Gawande Mr. Vinayak Gawande and Mr. Dilip Muzumdar.

1994 - The Company acquired 100% shareholding in VCPL during the month of April.

- The Company is in the business of information and data dissemination.

- VIISL has marking tie-ups with leading international database publishers Info Access and Distribution Singapore; Chadwyck- Heavy (UK) CD-PLUS (UK) Micromodex Inc. (USA). On account of these tie-ups the Company has an exclusive right to market their databases in India.

- It has tied up with The Indian Express Group of Newspapers under which VIISL will make available The Financial Express and Investment Week in electronic media. This is the first time in India that a national newspaper will be available electronically.

- VIISL is setting up a chain of FINMART across the country which will cater to the information and investor service needs of the investors. The Company will be setting up 8 FINMARTS in the first year (6 at Mumbai and 1 each at Delhi and Calcutta)

- The Company also proposes to carry out merchant banking activities such as loan syndication capital issue management underwriting of issues etc. For this purpose VIISL proposes to apply to SEBI for registration as a Category I Merchant Bankers. The Company has been granted membership to the Capital Market Segment of the National Stock Exchange.

- Vans Communications Private Limited is a 100% subsidiary of the Company.

- The Company also proposes to set up a merchant banking division.

1996 - The company has launched its new version of VANS. COM and has also moved from a single product company to a one stop infoshop with the launch of its online databases: Prospectus and The Business Standard and Business Line online and the Industry Dossiers.

- The company has signed an agreement with Times Syndication Services to market electronic information products based on the abstraction from the Economic Times and the Times of India Publications.

- The company also signed an agreement with Internet Securities U.K. for distribution of its databases on the internet.

- In Mumbai the company opened new FINMARTS at Kalbadevi Bandra Matunga Fort Shivaji Park Dombivl (East) and Dombivli (West). The company has opened three FINMARTS in Pune one at Mangalore and is contemplating to open more in the states of Maharashtra and Karnataka during the course of the current financial year.

1998 - Vans Information and Investor Services Ltd has launched Vans Electronic Library on CD-ROM. The library consists of the full-text collection of leading Indian publications on CD-ROM with a powerful text retrieval engine and is published in partnership with the various publications.

1999 - Vans Information and Investor Services Ltd has announced the launch of its electronic library on CD-ROM which will have the full text collection of 12 leading Indian publications.

2000 - Vans Information & Investor Services a Mumbai-based news and medical content aggregation company is going in for a private placement of part of its equity.

- VANs Information and Investment Services Ltd (VIISL) promoted by Popular Prakashan - a leading publisher of social sciences medicine and cookery books - has now made a foray to the dot.com business with the launch of a medical portal.

- The company has mobilised Rs 15 crore through a private placement which was solely arranged by Prime Securities a month ago. The company made a preferential allotment of 15 lakh shares at Rs 100 per share.

- Mumbai-based Vans Information and Information Services is planning to launch a major Web portal for medical professionals and a mega horizontal portal thought agglomeration of vertical portals.

- The Company allotted on 23rd February 6 27 500 shares the paid up equity shares capital of the company has been increased from the present level of 4 63 00 000/- to 5 25 75 000/-.

- The Company approved to issue and allot 18 50 000 Warrants with an option to the warrantholders to acquire for every warrant one equity share of Rs 10/- each at a premium of Rs 151/- per share to the promoters/directors of the company their associates employee and Business India Publication Ltd.

- The Board of Directors of the company has granted 5300 option under ESOS with each option entitling the holder thereof to apply for ad be allotted ten equity shares of the company of Rs. 10/- each.

- During the quarter the Company issued 5 300 Stock Options to certain employees under the Employees Stock Option Scheme which are convertible into 53 000 Equity Shares.

2007

-Vans Information Ltd has appointed Mr. Ajay P Shanghavi as Managing Director (MD) of the Company on remuneration terms & conditions.

(Source: RTGSL)


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