₹ 1,384.80 -11.20 (-0.80%)
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- BSE
Overview
- BSE Code 532668
- NSE Symbol AURIONPRO
- ISIN Demat INE132H01018
- Book Value (₹) 188.94
- Face Value (₹) 10.00
- Market Cap (₹ Cr.) 8,626.01
- P/E (TTM) 107.30
- EPS (TTM) 14.56
- Div Yield (%) 0.25
Performance
Corporate Actions
Aurionpro Solutions Limited - Press Release
Apr 24, 2025Aurionpro Solutions Limited has informed the Exchange regarding a press release dated April 24, 2025, titled "Aurionpro s subsidiary AryaXAI Launches AryaXAI AI Alignment Labs in Paris and Mumbai to Drive Frontier Research on AI Interpretability and AI Alignment.".
About Aurionpro Solutions Ltd
Aurionpro Solutions Ltd is a leading provider of IP led IT solutions for the BFSI segment. The company delivers comprehensive solutions in solutions to corporate banking, treasury, fraud prevention and risk management, Internet banking, governance and compliance. They provide a balanced portfolio of Product Suites, Domain Focused Implementation Services and Outsourced Product Development. The company is operating out of its headquarters in Mumbai. Their clients include more than 100 banks across the globe.
The company's dealPro is a Web-based, online trading and distribution application built on an open technology platform. dealPro primarily caters to banks, non-banking financial companies, mutual funds, insurance companies, corporate treasuries and other financial institutions. Their payments solution enables financial institutions to streamline and accelerate payments across a range of networks and channels, including automated clearing house, Check 21, card processing/associations and mobile payments. Cash management delivers comprehensive solutions in products and services, such as iCashPro, collectPro, divPro, PDCPro, mandatePro and currency chest management system to fit the needs of corporate clients. Financial supply chain management delivers comprehensive solutions in end-to-end management of the entire working capital management system
Aurionpro Solutions Ltd was formally created and deployed as a legal entity on October 31, 1997 as a private limited company with the name Value Added Information Distribution Services Pvt Ltd. The company formally introduced their first product for BFSI sector. In the year 1998, they successfully engineered offshore delivery model with development projects from Singapore and USA. In the year 1999, they executed their first order in banking.
In the year 2000, the company laid foundation for CashPro with development of payment system for an large Indian bank. In the year 2001, they formally introduced DivPro, dividend warrant processing system. In April 30, 2001, the name of the company was changed to VAIDS Technologies Pvt Ltd as 'VAIDS' is the acronym of 'Value Added Information Distribution Services'. In the year 2002, the company broadened its footprint operations into strategic partnership with Cyberlog Technologies, Singapore, IT partner for BDP Asia Pacific. Also, they executed a strategic acquisition of additional key banking Clients in India.
In the year 2003, the company broadened its footprint operations into strategic partnership with Aurionpro Services Pvt Ltd. They executed a strategic acquisition of Aurionpro Solutions Pte Ltd and extended their presence to Singapore. Also, they broadened its footprint operations into marketing and sales partnerships in Asia. In September 18, 2003, the name of the company was changed to Aurionpro Solutions Pvt Ltd in order to reflect Domain-based Solutions.
In the year 2004, the company formally introduced CashPro, an integrated cash management product and BoursePro, a treasury simulator product. They executed a strategic acquisition of Treasury product CSGL. They broadened its footprint their operations in USA by acquiring Agile Solutions LLC, USA along with their clients. Also, they executed a strategic acquisition of initial BFSI clients in Middle East and South East Asia. In the year 2005, the company received significant order from one of the largest banks in Asia Pacific. Also, they executed a strategic acquisition of five new clients from UK and USA. In March 9, 2005, the company was converted into public limited company and the name was changed to Aurionpro Solutions Ltd.
During the year 2007-08, the company formally introduced three new products, year, namely, dealPro, E2E order Routing/ Management Server and NostoRecon. They executed a strategic acquisition of two companies along with their subsidiaries, namely E2E Infotech Ltd UK, E2E Infotech Pvt Ltd, Integro Technologies Pte Ltd, Singapore and Integro Technologies SDN BHD, Malaysia. They created and deployed a branch office at Manila, Philippines and representative offices at Bangkok, Thailand and Jakarta, Indonesia.
During the year, the company incorporated Aurionpro Solutions (Hong Kong) Ltd, Hong Kong, to expand their core business. They forayed into the business of NBFC and Insurance by incorporating wholly owned subsidiary namely, Aurofidel Outsourcing Pvt Ltd. Also, for the acquisition of SENA Systems Inc, USA, the company incorporated two subsidiaries in the USA namely Aurionpro I Acquisition Corporation and Aurionpro II Acquisition Corporation. Also, Aurionpro Services Pvt Ltd was amalgamated with the company.
During the year 2008-09, the company broadened its footprint operations into into a joint venture with IP Commerce to build payment enabled applications tailored to the needs of small and medium businesses in the US. Also, two subsidiaries, namely Coban Corporation, USA and SPS Corporation, USA got merged into Aurionpro Solutions Inc, USA with effect from April 1, 2009.
During the year 2009-10, the company broadened its footprint their product range into the supply chain space by entering into an agreement with Arshiya International's technology subsidiary to acquire marketing rights along with all existing customers and hosting infrastructure of Cyberlog technologies in an all cash deal. The company, through their wholly owned subsidiary, E2E Infotech Ltd broadened its footprint operations into into a global partner agreement with Cameron Tec, the financial industry's leading provider of FIX infrastructure and connectivity solutions.
During the year, the company incorporated two new subsidiaries, namely Aurionpro Solutions PTY Ltd, Australia and Aurionpro SCM Pte, Ltd, Singapore. Silicon Tech Corporation, USA was amalgamated with Aurionpro Solutions Inc, USA with effect from April 1, 2010. Also, SENA Systems Inc, USA broadened its footprint operations into into an agreement with AurionPro Solutions Inc, USA whereby the entire business and undertaking thereof was merged with AurionPro Solutions Inc with effect from July 1, 2010.
The company plans to merge their wholly owned subsidiaries, namely E2E Infotech (India) Pvt Ltd, India and SENA Systems Pvt Ltd, India with the company.
The company intends to leverage their relationships with banking organizations, such as state and national banking associations and correspondent institutions such as bankers' bank, and the correspondent area of Tier and II financial institutions. They propose to strengthen their treasury operations. They also propose to introduce products and services catering to equity and capital markets segment which would enable them to cover a larger spectrum of applications in the BFSI industry.
Founded | : 1997 |
Chairman | : Paresh C Zaveri |
Managing Director | : Paresh C Zaveri |
Address | : Synergia IT Park Plot No R-270, TTC Industrial Estate Rabale, Navi Mumbai, Maharashtra, 400701, |
HO Tel | : 91-22-66172600/2601 |
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