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Company Information

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LEE & NEE SOFTWARES (EXPORTS) LTD.

12 May 2025 | 02:29

Industry >> IT Consulting & Software

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ISIN No INE791B01014 BSE Code / NSE Code 517415 / LEENEE Book Value (Rs.) 10.15 Face Value 10.00
Bookclosure 26/09/2024 52Week High 18 EPS 0.09 P/E 105.51
Market Cap. 52.37 Cr. 52Week Low 8 P/BV / Div Yield (%) 0.93 / 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
1988 - Lee & Nee Softwares (Exports) Ltd. (LNSEL) is incorporated on
       18th November, with the main object of setting up a 100% Software
       export oriented unit at Bhubaneshwar & Calcutta primarily to
       offer cost effective and quality software solution to the
       overseas clients.
- The Company is promoted by a group of professionals and businessmen with vast experience. The promoters includes S.M. Gupta, Shirish Anjaria, B.N. Srivastava, Vinod Goyal. The Company is engaged in development of package software & turnkey projects & Customised packages.

- The Company has developed some useful packages viz: OPTI-FINANCE, OPTI-COST, TAXMAN, CODEX, FOLIO MANAGER, SHARE PROCESS, FR-OFF, IMAGE SECRET, COAL HANDLER.

1993 - The Company has made the export of its own products developed In-house in Software Technology Park, Bhubaneswar in the Asian Market.

- The Company is developing its own software packages indigenously.

1994 - The expansion programme at the STP unit in Calcutta has been implemented.

- The Company came out with a public issue of 21,00,000 No. of equity shares of Rs.10/- each for cash at par which was oversubscribed. The shares were allotted on 22nd April.

1995 - The management proposes to buy a suitable model as per current need since there is downward trend in Hardware prices and models are available easily in international market.

1996 - The company is trying to upgrade its operation tuned with the current trend in Information technology sector such as Multimedia, Home computing, Internet & Intranet both products & services.

- In the field of communication, company has launched Video Conferencing as a product under the trade name of VIDNET.

1997 - Lnsel Computer Academy, its Education Division has come into operation recently and are hopeful to have a reasonable share of the I.T. Training Market.

1998 - The Company is developing its own software packages indigenously and designing World wide Web sites of its own.

1999 - The Company has taken up Web Designing & Web enabled services including E-commerce and Training Activity as its focus area of operation.

- It has been proposed to amalgamate Lnsel Finance Limited having an 100% export oriented unit for Software development, with the Company.

2000 - City-based Lee and Nee (Software) Exports Ltd is all set to expand its round-the-clock e-commerce service facilitating on-line shopping, job hunting, training, travel, shopping and share trading.

           - US firm Kick Communications Inc and Lee & Nee Softwares (Exports) 
             Ltd is entring into a 50:50 joint venture to launch a new company Kick 
             Communications India Ltd.

           - Lee & Nee has set up a chain of e-commerce centres in Calcutta and 
             is now expanding its network to over 33 cities and towns.
2001

-Lee & Nee Softwares (Export) Ltd. has launched aapkidukaan.com, a Web-based shopping mall catering to business to consumers and business to business sectors.

2005

-Lee & Nee Softwares Exports Ltd has entered into a Tie up with a Business provider to get business of Australian & UK Market.

2006

-The Registered Office of the Company shifted from Bidhan Nagar, Kolkata to Camac Street, Kolkatta.