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What is shareholding pattern? Who are shareholders?
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Incorporated in Feb. '94, Infoquest Software Exports is engaged in software development. It was promoted by Sanjay Jhalani. The company proposes to expand its business into a software development unit for the export market under the Software Technology Park Scheme of the Government of India at Indore. The company came out with a public issue of 30 lac equity shares of Rs 10 each for cash at par aggregating Rs 300 lac, in Apr. '96, to part-finance its project. It proposes to install IBM mid-range computers and other workstations / servers to undertake client server projects on operating systems like unix, novell, etc. The company has arrangements with Software Services Support and Education Centre, a joint venture between the European Commission and the Government of India, to promote software exports to Europe.