NetVision Web Technologies Ltd. Company History and Annual Growth Details

The Company was incorporated as a Public Limited Company in
name and style of Moneytech Securities Management Limited
on 18th April, 1994 with the Registrar of Companies Gujarat
Dadra & Nagar Haveli at Ahmedabad under the Companies Act,
1956 and obtained Certificate of Commencement of Business
on 4th May, 1994. The name was changed to Indotech Capital
Market Limited vide resolution passed on 3/2/96 in terms
of Section 21 of the Companies Act, 1956, and fresh
Certificate of Incorporation was obtained on 8/2/96 from
Registrar of Companies.

PRESENT BUSINESS OF THE COMPANY

The company is presently engaged in investment of shares
and securities through primary and secondary market
operations and providing consultancy and other services
related to financial investments.

The Company is registered with RBI and has been classified
under the category of a 'INVESTMENT COMPANY' vide their
letter No. DFC(Bom) No. R-415/BM(G)IC(M)-845-95-96 dtd.
17/08/95.

The Company has been granted permission by National Stock
Exchange of India Limited vide its letter No. NSE/CM/8346
dtd. 29/12/95 for trading in Capital Market Segment.

The Company proposes to acquire Ahmedabad Stock Exchange
membership card from Mr. Jeetendra Mistry, one of the
Promoters of the Company and ASE card holder since 1986.
The Company has executed Memorandum of Understanding on
30/06/95 with Mr. Jeetendra Mistry for purchase of later's
entire running business of dealing, trading and working in
shares and securities in the name of proprietary concern
'M/s. Jeetendra C. Mistry' and Card No. 124 of Ahmedabad
Stock Exchange at a total consideration of Rs.13.00 Lakhs
& Rs.35.00 Lakhs respectively.

The Main Object Clause of the Company and Clause No. 12 &
17 of Other Objects as set out in the Memorandum of
Association of the Company and mentioned elsewhere in the
Prospectus enable the Company to undertake the activities
for which the funds are being raised for the present issue
and also the activities the Company has been carrying on
till date.

2001 - The company has approved amalgamation of Netvision Web and Technologies Pvt
Ltd, a company engaged in computer education and software development with the
company, subject to necessary approvals.

2004

-Netvision Web signs agreement with Wenshang, China

2005

-NetVision Web Technologies signs Joint Venture Agreement with WavNet Communications

-Netvision signs Educational contract worth Rs 166.05 mn with china based educational organization

-NetVision Web Technologies secures export order worth Rs 108 Million

- NetVision Web Technologies Ltd launches Wireless Internet Technology (WIT) which provides services to customers more than 25 lacs customers all over India.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article