Dinesh nandwana is one of the main promoters of the company. Erstwhile vakrangee softwares limited vakrangee house, plot no. Financial services firm vakrangee looking to raise rs 650 crore from capital market 18 jun, 2014, 12. The service is set to give patients in rural locations a very different experience when they see a doctor, to listen to their concerns, and do a. Vakrangee share price, vakrangee stock price, vakrangee. Our company has scalability and we have 14 years of experience in executing missionmode and time bound project involving multi locations india is reporting the fastest global growth in the egovernance, catalyzed by the implementation of the right to information rti act and a holistic egovernance action plan by. There are no executives at vakrangee getting paid more. Orders worth rs 400 crore is to be executed by next year. Mar 17, 2010 dinesh nandwana,cmd of vakrangee softwares, said, we will focus on egovernance projects going forward. It was incorporated on 28 may, 1990 and is located in mumbai city, maharashtra. Vakrangee s headquarters is located in mumbai, maharashtra, in 400059. See the company profile for vakrangee ltd vakrangee. The company was promoted by dinesh nandwana an associate member of the.
Nishikant kishanrao hayatnagarkar are managing director and whole time director respectively. In april 3 1992 the name of the company was changed to vakrangee investment and then to vakrangee ltd in the year 1995. Dinesh nandwana had told bloomberg quint that vakrangee had added the jewellery companys logo to its presentation as it had already soft launched some of their products in vakrangee kendras but the jeweller had denied any business relationship with vakrangee in a call with analysts, says the report. Incentives can be in the form of compensation, which should always be structured in a way that promotes value. Share price, biz model, and a sebi probe the mumbaiheadquartered it company was in hot water with sebi recently, but then it disappeared from the news cycle.
The company is one of the main providers of the software and equipment for. Vakrangee software is planning to rollout vakrangee kendra outlets at 20,000 out of the 26,000 indian oil petrol pumps. Vakrangee company profile for vakrangee ltd msn money. Vakrangee to deploy mobile van facility across india amid. The company is a pioneer and an established player in egovernance, document and printing management.
The kerala dinesh beedi workers central coop society, one among the largest industrial cooperative societies in india, is established in 1969. Dinesh nandwana born 28 march 1963 in kota, rajasthan is an indian first generation entrepreneur, currently the executive chairman of vakrangee limited, an indian technology company. Nandwana is also member of the institute of chartered accountants of india and on the board of 16 other companies. His vast experience is backed by astute and dynamic leadership qualities. He is the navigator who drove the company from a modest consultancy company to a well renowned and prominent egovernance. Ns including business summary, industrysector information, number of employees, business summary, corporate governance, key executives and. Vakrangee software says ceo santosh dash has resigned.
Recognizing whether ceo incentives are aligned with shareholders is a crucial part of investing. Dinesh nandwana business profile vakrangee softwares. Vakrangee is a technologydriven firm that provides banking, insurance, egovernance, ecommerce and logistics services. Director of vakrangee, the total compensation of mr nandwana at vakrangee is. Vakrangee limited financial reports, balance sheets and. Vakrangee competitors, revenue and employees owler. Through our vast network of nextgen vakrangee kendras, we provide every citizen the facility of atm at every nextgen vakrangee kendra. Vakrangee softwares limited l 11 board of directors 1. Dinesh nandwana news and updates from the economic times. The company was formerly known as vakrangee softwares limited and changed its name to vakrangee limited in october 20. Sebi drops insider trading charges against vakrangee softwares. A qualified chartered accountant, dinesh nandwana started vakrangee as a small financial consultancy in 1990. Vakrangee company history information business standard. Executive chairman dinesh nandwana just bought shares in.
Vakrangee shareholding pattern promoter and promoter group september 2019. Dear valued shareholders, our vision for the next few years is set to create the worlds largest franchiseebased distribution channel, offering a plethora of products and thousands of services to the largest underserved consumer market of india. He is the navigator who drove the company from a modest consultancy company to a well renowned and prominent egovernance company. On 19 may 2011 vakrangee softwares limited vsl announced that it has. Vakrangee shareholders or potential shareholders will be happy to see that the executive chairman, dinesh nandwana, recently bought a. May 01, 2009 dinesh nandwana chairman, vakrangee softwares ltd. Nandwana got his first break in it in 1993 when vakrangee bagged a contract to provide the software required for issuing. See the company profile and updated insider trades of vakrangee ltd vakrangee.
Vakrangee to revolutionize rural healthcare in india. Helpful 1 best place to work at vakrangee, great work culture. Vakrangee limited was founded in marol naka, mumbai 1990 by dinesh nandwana. The company has nine directors ramesh multanchand joshi, dinesh birdhilal nandwana, and others. Feb 19, 2008 commenting on the development of the company, mr. Dinesh nandwana, chairman and managing director, vakrangee softwares limited, said, with our strong positioning in the government and egovernance sector, we are also successfully tapping private and high growth sectors like telecom, insurance, financial services and retail. View todays stock price, news and analysis for vakrangee softwares ltd. Vakrangee shareholding pattern promoter and promoter. Dinesh nandwana, cmd, vakrangee software in a chat with dinesh nandwana, cmd, vakrangee software ltd, talks about the companys performance in the quarter. In stock price, news, historical charts, analyst ratings and financial information from wsj. Vakrangee software, which offers financial inclusion and egovernance solutions, said its ceo santosh dash had resigned and that it had named its founder dinesh nandwana, as his replacement. Find details of its capital, revenue, industry, address and list of directors. Dinesh nandwana born 28 march 1963 in kota, rajasthan is an indian first generation entrepreneur, currently the managing director and chief executive officer of vakrangee limited, an indian technology company.
Vakrangee software was incorporated in 1990 with a mission to excel in every given task, vision to deliver value added services and become visible in the global business world. The company was promoted by dinesh nandwana, an associate member of the icai. Bloomberg quint is a multiplatform, indian business and financial news company. View 511431 business summary and other industry information. He served as the managing director of vakrangee limited alternate name. Dinesh information technology systems dits is the it unit of kdwbwccs, started in 1999 with the support of govt. Dinesh nandwana talks about vakrangee kendras roadmap. In a chat with dinesh nandwana, cmd, vakrangee software ltd, talks about the companys performance in the quarter. Vakrangee revolutionizes rural healthcare by introducing. Dinesh birdilal nandwana, 56 executive chairman, vakrangee ltd. Dinesh nandwana is the ceo of vakrangee limited nsei. View the latest news on 511431 company insiders for their impact on company performance. Vakarangee softwares limited tqa policy vakrangee has embarked on implementing a companywide total quality assurance tqa policy through an integration of people and process oriented initiatives.
Founded in 1990 by dinesh nandwana, a chartered accountant, vakrangee offers financial inclusion services in rural areas identified for future investment by the government through its egovernance software. Market regulator sebi wednesday dropped charges against vakrangee softwares and its eight executives, related to violations of insider trading norms. The companys segments include egovernance projects and vakrangee kendra. Barrons also provides information on historical stock ratings, target prices, company earnings, market valuation. Share price, corporate actions, valuation, research report, financials and more complete track record of vakrangee ltd from indias independent mutual fund research house. He is the navigator who drove vakrangee from being a modest consultancy company to a wellrenowned and prominent egovernance company. Get the latest vakrangee ltd information and corporate updates at iifl. Feb 04, 2018 this segment of zee business brings to you latest information on pc jewelers and vakarangee that was trading in redmark. Dinesh nandwana fy may have seen the topline growth for the company by 15%, but it has also been fraught with issues relating government payments. Nandwana got his first break in it in 1993 when vakrangee bagged a contract to provide the software required for issuing voter identity cards.
Currently, dinesh birdilal nandwana holds the position of executive chairman for vakrangee ltd. Though the company commenced its operations as a technology consultancy, it gradually expanded its operations, first in making voter identity cards in 1993, and subsequently as a franchisee for making aadhaar uid cards in 2010. Dinesh nandwana,cmd of vakrangee softwares, said, we will focus on egovernance projects going forward. During the sebi investigation it was found that promoter entities viz, njd capital private along with vakrangee holdings, dinesh nandwana and dinesh nandwana. Vakrangee to deploy mobile van facility across india amid coronavirus pandemic by hrnxt newsdesk april 16, 2020 vakrangee announced that the company has launched the mobile van in mmr region which is fully equipped to provide the key essential services. Vakrangee owns the license from rbi to set up and manage white label atms, enabling realtime cash withdrawals.
The company was promoted by dinesh nandwana an associate member of the icai. For a number of egovernance projects it bagged, it was unable to pay salaries to its employees for a significant time as the. Vakrangee competitors, revenue and employees owler company. Nandwana has been instrumental in moulding vakrangee from a modest consultancy company to a prominent force to be reckoned with. Oct 10, 2012 sebi drops insider trading charges against vakrangee softwares. Vakrangee limited is a technology company based in mumbai, india that provides banking, insurance, egovernance, ecommerce, and logistics services. Vakrangee software is planning to rollout vakrangee kendra outlets at 20000 out of the 26000 indian oil petrol pumps. Dinesh nandwana on vakrangee limited under sebi scanner. Oct 10, 2012 market regulator securities and exchange board of india sebi today dropped charges against vakrangee softwares and its eight executives, related to violations of insider trading norms. Merrill lynch increase holding in vakrangee softwares.
We combine bloombergs global leadership in business and financial news and data, with quintillion medias deep expertise in the indian market and digital news delivery, to provide high quality business news, insights and trends for indias sophisticated audiences. Vakrangee share price, vakrangee stock price, vakrangee ltd. Nandwana is also member of the institute of chartered accountants of india and on the board of. In september 1999 the name of the company was changed to vakrangee softwares ltd. Astute and dynamistic leadership qualities back his vast experience. Vakrangee limited was founded in marol naka, mumbai 1990 by dinesh nandwana, a chartered accountantca. Vakrangee, which has recently grown to a market capitalization of. Vakrangee softwares ltd is a pioneer in the egovernance domain and brings together all the hardware, software and on ground activation required for successful launch and management of e. Dinesh nandwana, cmd, vakrangee software the economic times.
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