Cybertech Systems & Software Ltd
NSE: CYBERTECH BSE: 532173
₹106.70
(1.48%)
Sat, 21 Mar 2026, 04:11 am
Market Cap3.3B
PE Ratio10.10
Dividend3.78
Technology Services
Information Technology Services
24.5KCompany History
1995
- Cybertech Systems And Software Limited was incorporated on 19th January, as a Public Limited Company under the Companies Act, 1956.
- The Certificate for Commencement of Business was obtained from the Registrar of Companies, Maharashtra, on 31st January.
- The Company is promoted by Mr. Prasad Rao Vellaturi, Mr. Vishwanath Tadimety and Mr. Atul Agrawal, Technmocrat NRI's, based in USA and Mr. Ashok Ranade.
- The main object of the Company is to undertake software development for overseas market.
- The company proposes to provide on-site technical services at the client's location, undertake turnkey projects and develop operations in India.
- The Company has set a 100% Export Oriented Unit, at Mumbai, for providing on-site services in software development for domestic and international market.
- The Company has also set up an Advanced Learning Center based in Mumbai.
- The company proposes to offer both onsite services and offshore services to overseas clients and expand its activities by undertaking Software Exports, and introducing new and innovative products.
- The Company proposes to acquire additional space for its increasing operations out of the issue funds.
1997
- The Mumbai-based CyberTech Systems and Software Limited, a company promoted by CyberTech International Corporation Inc is undertaking a Rs.20 crore expansion to set up software development and training facilities.
- Cybertech Systems and Software Ltd is set to open a new software centre at Thane, Greater Mumbai.
- The Company has also won an offshore software support engagement from Unisys corporation of San Jose, California.
- During the year, the Company offered 1,565,500 Equity Shares of Rs. 10/- each for cash aggregating to Rs. 156.55 lakhs which included 1,262,500 Equity Shares of Rs. 10/- for cash at par to Indian Public and firm allotment of 303,000 Equity Shares of Rs. 10/- each at a differential premium of Rs. 20/- per share to NRIs.
- Kishanchand Spinning Mills Ltd., became the wholly owned subsidiary of the Company.
1998
- The Board of Directors on June 19, allotted 52,56,500 Equity Shares of Rs. 10/- each of the Company for cash at a premium of Rs. 100/- to CyberTech International Corporation, USA on preferential basis, in terms of approval of the members at the Extraordinary General Meeting of the Company held on March 21st.
1999
- Cybertech Systems and Software Ltd, a 51 per cent subsidiary of Cybertech International Corporation, US, is looking at acquisitions for future growth.
- The company recently entered into a tie-up with SAP Arabia to provide technical and functional services to SAP customers in the middle-east.
- Cybertech Systems and Software (CSSL), a subsidiary of the US-based Cybertech Systems Inc., is the leading player in ERP (SAP) implementation.
- CYBERTECH Systems & Software Ltd has acquired the Bangalore-based software company, Equinox Solutions India Pvt Ltd, the company said in a communique to the BSE.
- The media division will launch web-based products and service for independent Internet users as well Internet based products and solutions for corporate clients.
- CyberTech Systems and Software is developing a website which will provide e-commerce, on-line shopping, 24-hour news, finance and investment services.
- The company had recently launched its new business unit, The New Media Division, to launch web-based products for independent users as well as corporate clients.
- The company is setting up an application service centre to cater to the Indian corporate sector.
- Mumbai-based CyberTech Systems and Software, a subsidiary of Cybertech Systems Inc, is one such company, which is transiting from catering to the parent's requirement of SAP professionals to providing a suite of offshore software development services.
- CYBERTECH SYSTEMS and Software Ltd (CSSL) is planning to merge its American parent, the $75m CyberTech System Inc (CSI), with itself.
2000
- Cybertech has also set up 65,000 sq.ft software development centre at a cost of Rs 21 crore near Mumbai, with a capacity to accommodate 700 professionals.
- Cybertech Systems and Software Ltd (CSSL) will be merged with the group's US subsidiary Cybertech Systems Inc, as part of its restructuring plan.
- The company has also recently tied-up with SAP Arabia to provide Enterprise Packaged Solutions in the middle east and is set to launch its own portal indiaacross.com.
- The Company allotted 1,28,57,370 Bonus Equity Shares of Rs. 10/- each on 1st April, and the paid-up Share Capital of the Company subsequent to this allotment is Rs. 2316 Lacs.
2001
- Hiperworld Cybertech Ltd., a Delhi-based e-commerce service provider, is set to launch a WAP-enabled payment gateway product which will enable users to make payments using their mobile phones.
2002
- The Board of Directors of CyberTech Systems and Software Ltd at its meeting held on August 16, 2002 has approved purchase of 100% equity of CyberTech Europe (CTE) from CyberTech Systems Inc., making CTE a 100% wholly owned subsidiary of the company subject to regulatory requirements and fixation of price at the next Board Meeting.
2003
- Mr Suhas Wadivkar, Executive Director of the Company has retired from the services of the company on December 20, 2003.
- Mr Vijay Talele was appointed as an Additional Director and Executive Director w.e.f. January 1, 2004 for a period 3 years, subject to the approval of Shareholders at the AGM of the company.
- The Resignation of Mr Prasad Rao, as Chairman & Director of the company was taken on record with immediate effect.
- Appointed Mr Viswanath Tadimety as Chairman of the company with immediate effect.
2007
- The e-mail ID for the purpose of grievance redressal of investors is [email protected]
2008
- Cyber Tech Systems has recommended equity dividend of Re 1 per share (10% on the nominal value of Rs 10 per share).
2009
- Cyber Tech Systems has recommended the payment of Equity Dividend of Rs 1/- per Equity Share.
2010
- CyberTech Systems has recommended a dividend of Re. 1 per Equity share of Rs. 10 each.
2011
- CyberTech Systems has recommended equity dividend of Re. 1 per Equity Share.
2012
- CyberTech Systems recommended a dividend of Re. 1/- per Equity Share.
2013
- Board has recommended a dividend of Re. 1/- per equity share.
2014
- CyberTech has won the ‘Most Innovative Product’ award in ‘Municipalika 2014’ conference in Gandhinagar Gujarat.
- CyberTech received the Prestigious Skoch Order of Merit 2014.
2015
- CyberTech has been awarded the contract for the creation of a comprehensive computerized geo-enabled Property database to support assessment and consolidation of all Municipal revenues for Nagpur Municipal Corporation (NMC).
2017
- Inauguration of a Computer Lab, with laptops donated by Cybertech.
2018
- CyberTech participates at Geospatial world forum 2018.
2019
- Esri and CyberTech Systems and Software Ltd is opening of a second state of the art Technical Support Center in Pune.
2020
- CyberTech is First Esri Partner to be Awarded ArcGIS Cloud Services Specialty Designation.
2021
- CyberTech Now in SAP PartnerEdge Program with a Sell Focus.
2022
- CyberTech Achieves Microsoft Gold Partner Status in the Microsoft Partner Program.
- CyberTech Receives System Implementation Award at Esri Partner Conference for Exceptional Achievement.
- Unity Engine by Spatialitics is Certified by SAP for Integration with SAP S/4HANA.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800