Aftek Ltd (Aftek) is an IT solutions company operating in the IT Services and software products segment. Aftek carries out its business through the following groups - The services group, products group and embedded solutions group. The company specialises in providing solutions through its products like computerized attendance monitoring system, depot manager test iig intellicompete, home automation framwork and wireless communication.. The company has developed domain expertise in the areas of .NET, SQL server and XML language. Aftek has set up wholly owned subsidiaries in the US and Germany. During FY07, the company earned close to 94% of its revenue from the service s group. Geographically, it earned approximately 95% of its revenue from the overseas market. Europe continued to be the leader with 57% share to the company's revenues.

Arexera launches German search engine

Arexera and its employees acquired 56% stake in Seekport Internet Technologies GmbH. Seekport is the new avatar of erstwhile European search major, Infoseek. Seekport has been ranked number 3 after Google and Yahoo in Germany. Seekport plans to become a pan-European search engine.

Aftek invests into German subsidiary

Aftek takes 49% stake in Munich based Arexera Information Technologies GmbH. Arexera has a suite of products for unstructured data management. These products can be deployed for enterprise and internet search. Aftek plans to position these products for enterprise information management. Aftek also plans to use this German presence to increase its European business.

Powersafe receives Gold Certification

Powersafe, an enterprise-wide UPS (Uninterruptible Power Supplies) management software, receives Gold Certification for its integration with Unicenter from Computer Associates International, Inc. Apart from stringent technical requirements, Gold Certification signifies the tightest-possible integration with and significant value-addition to the Unicenter-brand of products from Computer Associates.

Investors oversubscribe IPO

Aftek's Initial Public Offering (IPO) gets 66 times oversubscribed. Investors strongly support Aftek's expansion plans to provide affordable, offshore software development services to its clients in the North American markets. Subsequently, Aftek's shares get listed on both the prestigious stock exchanges of India, the Bombay (BSE) and the National Stock Exchange (NSE).

Aftek starts Research and Development center

In order to facilitate development of new products and technologies in the areas of Embedded, Graphics and Network computing, Aftek starts its state-of-the-art Research and Development Center at Pune. Pune, being a University town and also an educational and cultural center, is the best choice for staging Aftek's innovations.

Five Technocrats give birth to Aftek

With a strong desire and passionate drive to serve the Information Technology needs of the domestic market, Five technocrats venture into business with the only capital being their unparalleled, rich and diverse experience.

Contact Address

Aftek Limited
Aftek House', 265,
Veer Savarkar Marg, Shivaji Park,
Dadar, Mumbai - 400028,
Maharashtra
Tel 91 22 24454016
Fax 91 22 24446330
Email information@aftek.com
Website www.aftek.com

Industry

Custom Application Development, Software Testing, Hardware Design Development.

Specialization

Telecom, Home Automation, Transport

Contact Person

Chairman & MD - Ranjit Dhuru

Locations

Bangalore, Mumbai, Pune

Certifications

Other Addresses

Aftek Limited
'Aftek House', 265, Veer Savarkar Marg,
Shivaji Park, Dadar, Mumbai 400 028.
91-22-24454016,
91-22-24446330

Development Centers
India

Mutha Symphony, Plot 69/4,
Law College Road, Pune 4,
India
91-20-25411110

Pralhad Arcade, Plot 50/24,
Bhakti Marg, Law College Road,
Pune 4, India
91-20-25450606

International

OPDEX
3940 Freedom Circle
Santaclara, CA 95054,
USA
408-2385667

Arexera Information Technologies AG
Schutzengraben 20,
8200 Schaffhausen,
Switzerland

Factory
A-19/2, M.I.D.C.,
Chincholi, Solapur,
India
91-217-2357637
91-217-2357692