Sonata Software Ltd
NSE: SONATSOFTW BSE: 532221
₹227.04
-0.21 (0.09%)
Sun, 08 Nov 2026, 07:55 am
Market Cap (in Cr)6367.05
PE Ratio13.59
Dividend3.48
Technology Services
Information Technology Services
24.5KSonata Software Ltd Company History
1986
- Set up as a division of Indian Organic Chemicals Ltd.
1994
- Sonata division spun off from IOCL as Sonata Software Ltd. in October for Rs. 8.14 crores.
- Received certificate of incorporation on October 18.
- Received ISO certification.
1995
- Formulated Employee Stock Option Plan and formed Employees Welfare Trust.
- Allotted 500,000 equity shares to Trust on October 30.
- Allotted shares to Bhupati Investments and employees; paid-up capital reached 3,251,600 shares.
- IOCL sold equity stake to promoters at Rs. 78-87 per share.
- Allotted shares to Bhupati Investments & Finance Company Ltd. and employees of IOCL and Sonata.
1996
- Allotted 500,000 equity shares to Employees Welfare Trust on March 21.
1998
- Issued bonus shares in 13:10 ratio.
- Issued 2,522,000 equity shares to public at Rs. 80 premium.
- Formed alliance with Microsoft for collaborative solutions.
1999
- Acquired IOCL's 46% stake in Offshore Digital Services Inc. (ODSI).
- Converted ODSI into 100% subsidiary.
- Formed joint venture Abisko Development.
- Formed joint venture with Scala Business Solutions; secured $3 million contract.
2000
- Signed joint development agreement with IT Software for e-finance projects.
- Entered alliance with BAport Technologies Inc.
- Decided to spin off India operations into Sonata Information Technology Ltd.
- Acquired 160,000 shares in Offshore Digital Services Inc. for $0.26 million.
- Approved 10-for-1 equity share split.
- Formed strategic alliance with SpinAway eBusiness Solutions Inc.
2001
- Achieved CMM Level 5 certification.
2002
- Appointed S.N. Talwar as Additional Director.
- Approved opening of branch office at Manchester.
2003
- Opened branch offices at Singapore and Seattle, USA.
2004
- Forged strategic alliance with TechDiscovery.
- Appointed B.K. Syngal as Additional Director.
- Forged alliance with Gupta Technologies LLC.
- Opened third development center in Bangalore.
- Won 2004 Microsoft Partner Program Award for e-commerce solutions.
- Joined Microsoft Mainframe Migration Alliance.
- Tied up with TUI.
2005
- Forged strategic alliance with Microsoft Corporation.
- Signed partnership with California Software.
- Unveiled second development centre for TUI.
- Launched SonnetBI Analyzer suite.
2006
- Became 50.1% shareholder of TUI InfoTec GmbH, Germany.
2007
- Launched enhanced SonnetBI suite with Microsoft Performance Point Server 2007.
- Silver sponsor at 2007 Global Services Conference.
- Gold sponsor at Convergence 2007.
2008
- Subsidiary TUI InfoTec secured Lycos order.
- Won first customer for Microsoft SharePoint Online.
- Recommended final dividend of Rs. 0.60 per share.
2009
- Opened fully owned subsidiary in Dubai Internet City.
- Launched enablement services for Oracle Platform SaaS applications.
- Opened second Offsite Facility for Microsoft in Bangalore.
- Won major ERP solution implementation project from Dredging Corporation.
2010
- Partnered with TMMi Foundation.
- Recommended final dividend of Re. 0.80 per share (total Rs. 1.70).
- Helped Golirious LLC launch first mobile application for Apple.
- Set up new office in Netherlands.
2011
- Launched MilEdge for global car rental industry.
- Joined World Economic Forum's Community of Global Growth Companies.
- Appointed Gyana Pattnaik as Head - Open Source, Testing and New Technologies.
2012
- Appointed Sohrab Kakalia as Chief Sales & Commercial Officer.
- Appointed two new sales directors for US.
- Expanded geographical presence in the US.
- Entered partnership with hybris for e-commerce solutions.
- Entered strategic alliance with TIBCO for application integration solutions.
2013
- Launched ANZ region operations with HQ at Sydney.
- Launched Center of Excellence for Oracle Exalytics.
- Recognized as Most Innovative Partner of the Year by hybris.
- Launched Sonnet AMS for SAP Application Management Services.
- Tied up with Sage for cloud-based services.
- Collaborated with TIBCO for enterprise social networking platform.
2014
- Technology Infrastructure Group received Best Partner of the Year - General Business at SAP Partners Summit.
- Purchased business of Xyka India Private Limited.
- Announced gold-level partnership with Moovweb.
- Opened US development facility at Redmond.
- Rezopia won 2014 Silver Magellan award.
2015
- Presented award-winning solutions at Travel Technology Show in London.
- Acquired California-based company for enterprise mobility investment.
- Recognized in leadership zone for software product.
2016
- Announced US patent for multi-channel delivery of augmented messages for Halosys Mobility Platform.
- Recognized as finalist for 2016 Microsoft Hybrid Cloud and Infrastructure Platform Award.
- Announced app availability on Microsoft AppSource with I.B.I.S.
2018
- Signed agreement to acquire Scalable Data Systems.
- Rezopia won World Travel Award.
2019
- Completed acquisition of Sopris Systems LLC.
- Completed acquisition of Scalable Data Systems Pty. Ltd.
2020
- Completed acquisition of GAPbuster Ltd.
2021
- Completed acquisition of management control of Encore IT Services Solutions Private Limited.
- Announced new identity and strategy for Scalable Data Systems.
2022
- Issued bonus shares in the ratio of 1:3.
- Signed business transformation CRM project and partnership with eir evo.
- Achieved Microsoft Business Applications 2022/2023 Inner Circle Award.
- Won Golden Peacock Award for Excellence in Corporate Governance for 2021.
2023
- Issued bonus shares in the ratio of 1:1.
- Launched Harmoni.AI, a responsible-first AI offering with industry solutions.
- Received in-principle approval for merger of Gapbuster Limited and subsidiaries with group entities.
- Signed definitive agreement to acquire Quant Systems Inc., a Texas-based IT services corporation.
2024
- Completed merger of Sonata Software LLC (formerly Sopris Systems LLC) with Sonata Software North America Inc.
- Won multi-million dollar modernization deal in Australia from global leader in access solutions.
- Won multi-year AI-powered managed services contract from Fortune 500 manufacturing company.
- Applied Systems collaborated with Sonata Software for platform engineering and enterprise modernization.
- Zones and Sonata Software signed go-to-market partnership for cloud managed services.
