Intellect Design Arena Ltd (INTELLECT)

Intellect Design Arena Limited formerly known as Fin Tech Grid Limited was incorporated under the provisions of the Companies Act 1956 in April 18th 2011 and has its registered office in Chennai. The Company has a comprehensive portfolio of products across Global Consumer Banking Central Banking Risk Treasury Management Global Transaction Banking and Insurance and is engaged in the business of software development. The Company has 23 13 direct and 10 step down subsidiary companies and 3 Associate Companies for the financial year ended on March 31st 2018.On 18th March 2014 the Board of Polaris Consulting Services Limited then called Polaris Financial Technology Limited approved a Scheme of Demerger through which its product business would get divested into its Company. The Scheme after receiving regulatory clearances and shareholders endorsement was approved by the Madras High Court vide its Order dated 15th September 2014 with an effective date of 1st April 2014. The Company took necessary steps to give effect to the Order including allotment of shares and formation of a Board of Directors followed by listing in the National Stock Exchange and the Bombay Stock Exchange on 18th December 2014.During the year 2016 M/s Intellect Payments Limited and M/s Intellect India Limited have been incorporated as direct subsidiaries of Intellect Design Arena Limited. In 201617 the Company commenced the Intellect iGTB Oxford Leadership programme. It commenced design ofGoToMarket strategies for the products. On the IP front it commenced investments into Artificial Intelligence and Machine Learning spotting the trend early in the curve.The Company has 19 9 direct and 10 step down Subsidiary Companies and 2 associates and 1 joint venture Companies for the financial year ended on March 31st 2020.In May 2020 Company launched two products spotted in the forex trading and Asset Liability Management spaces CBX FX and Contextual ALM. It launched iTurmeric Will Deliver Offerings Through IBMs Financial ServicesReady Public Cloud. CBXO an endtoend loan origination platform was launched to empower the customers with improved data analysis and automation for delivery of smarter faster decisions. It launched the Contextual Sentiment API on AWS platform. ARX a new integrated suite of security services was launched to redefine security with modern identity. It released new versions of lowcoding technology Canvas 19. It launched an Integration platform Olive Fabric. The Intelligent Data Exchange IDX which combines data uptake validation and enrichment was markettested. In continuation to Wealth 2.0 strategy it launched digital Wealth Cronus an Indian market specific platformThe Company has 22 12 direct and 10 step down Subsidiary Companies and 2 associate companies as on March 31 2022.

Intellect Design Arena Ltd Share Price: ₹409.30 per share as on 22 Mar, 2023 04:01 PM
Intellect Design Arena Ltd Market Capitalisation: ₹5,925.26Cr as of today
Intellect Design Arena Ltd Revenue: ₹567.09Cr as on December 2022 (Q4 22)
Intellect Design Arena Ltd Net Profit: ₹62.03Cr as on December 2022 (Q4 22)
Intellect Design Arena Ltd Listing date: 04 Nov, 2019
Intellect Design Arena Ltd Chairperson Name: Arun Jain