Tyche Industries Share Price

Tyche Industries

CMP as on21-Sep-21 15:53

₹ 203.55
1.25 0.62%

Open

₹ 202.30

Turnover (lac)

₹ 47

Prev. Close

₹ 202.30

Day's Vol (shares)

₹ 9,295

Day's Range

₹ 192.00
₹ 208.00

Siris Soft was incorporated in 1998 with the object to focus in e-commerce application using Sun & Microsoft technologies.The company has established two advanced development centers in the area of e-commerce in New Jersey, USA and Hyderabad. The company has three business models namely offshore solutions, offsite solutions and onsite solutions. It has entered into strategic alliance with Allegheny Digital Corp, Organic Online Inc, Transaction Information System Inc, CMC and Business Software Solutions Inc.The company is coming with a public issue of 26 lac equity shares of Rs. 10/- each aggregating to Rs. 260 lacs to finance the cost of expansion of the infrastructure to meet the demands of the anticipated business through the strategic partners and through own branches, to market the existing ERP products, to meet the cost of establishing of Branches in America and to part finance the cost of proposed line of operation and to set up infrastructure facilities.The company showed an increase in sales from Rs. 46.62 lacs in 1999 to 301.20 lacs in 2000 and a net profit of Rs. 6.32 lacs (1999) to Rs. 59.81 lacs (2000). The projections of the company shows a sales of Rs. 1549.32 lacs and net profit of Rs. 249.52 lacs for the year 2001 and sales of Rs. 1936.65 lacs and net profit of Rs. 346.02 lacs for the year 2002. The company is expecting to earn a export earnings of 82.64% in total revenue.

  • Chairman & Managing Director

    G Ganesh Kumar
  • Independent Director

    Boosa Eswar
  • Director

    P Vijaya Lakshmi
  • Addtnl Independent Director

    Panchakarla Sai Sudhakar
  • Company Secretary

    Satya Ranjan Jena
  • Additional Director

    Milan Kishorebhai Makwana
  • Executive Director

    G Sandeep Kumar
  • Director

    Venkataraju Gupta Kollepalli

Registered Office

H No C-21/A Road No 9,
Film Nagar Jubilee Hills,Hyderabad,
Telangana-500096

REGISTRAR OFFICE

214 RaghavaRatna Tow,
Abids,Hyderabad 500001
INDIA