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IZMO Ltd

NSE: IZMO BSE: 532341

₹943.30

(5.00%)

Sat, 13 Jun 2026, 09:22 pm

Company History

2000

  • The Company entered into an alliance with Cotelligent of the US.
  • The Company tied up with NSDL and CDSL for the dematerialisation of its shares.
  • Logix microsystems launched the BI/Suite with Hummingbird.
  • Bangalore-based Logix Microsystems set up an offshore development centre in Bangalore for the US-based Cotelligent Inc.
  • The Directors resolved to allot one lakh equity shares of Rs 10 each for cash to the promoters at a preferential price of Rs 110 per equity share.

2002

  • The Board of Directors allotted 500,000 equity shares of Rs 10/- each for cash as fully paid up shares at a premium of Rs 10.40 to the promoters.

2003

  • Autonation Inc., USA adopted the Logix product Izmocars as their Internet sales business solution.

2004

  • Logix Microsystems formed a strategic tie-up with DCI Marketing Inc.

2007

  • Logix Microsystems Ltd announced the purchase of CarSite, the automotive portal business of PowerOne Media.
  • The company announced the acquisition of ReckonUp, a CRM product from Prize Corporation.

2008

  • The Board of Directors of the Company declared an interim Dividend of 40%.

2009

  • Logix Microsystems Limited announced the acquisition of Performance Drive SVC by izmocars, the leading U.S. business Solutions provider for the automotive industry owned by the company.
  • Logix Microsystems Ltd declared a dividend of 12.5%.

2015

  • The Company has changed its name from Logix Microsystems Ltd to Izmo Ltd.

2018

  • The Company has won a major multi-crore contract for its Part Velocity Web Platform and Android App from a leading European Automotive OEM.

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