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IEC EDUCATION LTD.

10 April 2026 | 04:01

Industry >> Education - Coaching/Study Material/Others

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ISIN No INE172B01017 BSE Code / NSE Code 531840 / IECEDU Book Value (Rs.) 19.54 Face Value 10.00
Bookclosure 28/09/2024 52Week High 47 EPS 0.00 P/E 0.00
Market Cap. 36.70 Cr. 52Week Low 14 P/BV / Div Yield (%) 1.23 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
YEAR EVENTS 1998 - The company has tied up with IGNOU for BCA Degree Course on Internet. This will be the first recognised 3 years degree course being offered on Internet by a recognised university under the UGC and provide opportunity to the millions of career seekers all over the country. The company is among the very few institutions to get the empanelment from IGNOU for offering this course. - The project Infodrome-2000 has been launched at A-6, South Extension, Part-II, New Delhi to cater to high end training and software development and export activities besides corporate training. - The company has been recognised by Delhi Govt. for conducting Computer Awareness & Training Programme and has been awarded a contract for providing computer training to students of various schools in Delhi. 1999 - The company has entered into alliances with two US based global IT giants, the Unified Access Communications Inc., Boston, USA, and Nextgen Solutions, Inc., Chicago which specialise in Netware Security, Date Warehousing and Data Mining respectively. The collaboration which these two software giants in USA will open the foodgrates of off-shore and on-site development business in United States which is the biggest market today for software development & exports. - The company entered into an agreement with the Vocational Education Foundation to set up an Engineering College in U.R under the name of IEC College of Engineering & Technology for offering 4-Year Degree Coursed in Computer Science & Engineering, Information Technology, Electronics & Communication and Electrical Engineering. - The Company launched some of the latest training modules known as TECH-2K and Encyclomedia- 2000. - The company has launched Infodrome 2000, a centre for advanced technology, along with Nextgen Solutions Inc, a Chicago-based software company with expertise in data warehousing. - IEC is also setting up a software technology park in Noida under the Software Technology Parks of India (STPI) scheme. - The company recently entered into the sophisticated field of CNC technology by setting up a separate division for the development of CAD-CAM and robotiques. - The company has also tied up with United Access Communications Inc, a Boston-based software company, to offer turnkey software solutions. - The Company has entered into an agreement with Grih Kalyan Kendra, a registered society, functioning under the aegis of the Union Ministry of personnel, public Grievances and Pensions, for providing training and education in the fields of computers and Fashion Technology, to the Central Government employees and their dependents. - The company has entered into a memorandum of agreement with University Putra Malaysia for providing training and education of its 48,000 students in the field of IT aplications. - The Company has decided to issue 26,36,600 equity shares out of 66,36,000 un-issued equity shares on preferential basis as detailed below: - 1. 8,36,000 share warrants, convertible into 8,36,600 equity shares of Rs. 10 each at such premium up to Rs. 100 per share to the promoters' group, including their friends and relatives. - 2. Privately place 18,00,000 equity shares of Rs. 10 each at such premium up to Rs. 100 per share, to Indian institutional investors/MFs/FIIs/banks/public body corporate etc., in one or more trenches. 2000 -The company has signed an MoU with TCHT Tray Trade, a leading organisation in Malaysia in the field of hospitality and tourism, for entering into a joint venture for providing IT services. -The Company also has tie-ups with world leaders like the Chicago based NextGen Solutions Inc, for data warehousing and data mining, Boston-based Unified Access Communications for turnkey projects, and UK-based London Chamber of Commerce and Industry. -The company recently signed an agreement with TCHT of Malaysia for developing software for the tourism and hospitality segment. -IEC Softwares Ltd, has signed a memorandum of understanding (MoU) for a $8-million contract from Universiti Putra Malaysia. -IEC Softwares Ltd, has entered into a strategic alliance with $200 million Chemtech Asia through a wholly owned subsidiary. The tie-up will focus on strengthening the thrust on providing value based e-commerce solutions in India and abroad. -IEC has signed an agreement with Kumayoon University for providing computer training and education to its students. -The Company has allotted 16,36,6000 No. of equity shares to various mutual funds, bodies corporates and the promoters on preferential basis. The shares have been allotted @ Rs 95/- per share to MFs and Bodies Corporate whereas the promoters have taken equity shares @ Rs 100/- per share. -IEC Web Drome, part of IEC Softwares Ltd, has launched duadmissions2000.com, an information getaway to admissions in Delhi University Colleges. -IEC Software Limited, the ISO 9001 certified software solutions company has launch of its information gateway on campus life, www.dupulse.com a portal designed and maintained by IEC Webdrome a division of IEC Software Limited. -The Company has set up its wholly-owned subsidiary in the name and style of IEC Infotech SND.BHD in Malaysia. -IT major IEC Softwares Ltd has signed a MoU with Polish company Polservice which is into transferring technologies and technical assistance from global sources into Poland. 2001 -IEC Softwares Ltd., an ISO 9001 software company has developed a software on hospital information management systems. 2002 -Mukesh Gupta appointed as Whole Time Director of IEC Softwares -IEC Softwares Ltd has informed BSE that Mr R C Nangia Director of the Company has resigned from the post of Director w.e.f September 12, 2002. -IEC Softwares Ltd has informed BSE that Mr C V Jain Managing Director of the Company has resigned from the post of Managing Director and Director of the Company w e f October 05, 2002. 2008 -Company name has been changed from IEC Softwares Ltd to IEC Education Ltd. -The registered office of the Company has been changed from M-92, Connaught Place, New Delhi-110001 to 5, Sant Nagar, East of Kailash, New Delhi- 110065. 2014 -The registered office of the company shifted from 5 Sant Nagar, East of Kailash, New Delhi - 110065 to M - 92, Connaught Place, New Delhi - 110001. 2016 -IEC Education Ltd has informed that the correspondence address of the Company has been changed from 5, Sant Nagar, East of Kailash, New Delhi - 110065 to 19, 4th Floor, Community Centre, East of Kailash, New Delhi - 110065.