Wisec Global Ltd
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BSE Code:
511642
NSE Code:
Business Profile
Business Profile
Wisec Global (WISEC) has business interests in biotechnology, financial services, and IT-enabled info systems. It was incorporated as Western India Securities on Dec. 03, 1991 and got its present name on Mar. 31, 1998.
The company entered into a marketing arrangement with the American company Biocore Medical Technologies Inc. to market collagen-based wound care products across the country including Medifil, a collagen wound management material and Skin Temp, a biosynthetic skin dressing. It acquired 200 acres of land in the RIICO Biotech Park, Bhiwadi, Rajasthan and has a financial tie-up for setting a manufacturing unit for collagen based wound care biotech pharma and cosmetic products.
As a Category I Registrar and Share Transfer Agent, it has handled more than a hundred public and rights issues of various small, medium and large sized companies. In addition, share transfer and allied services are offered to several corporates. Through its wholly owned subsidiary, Jalpradeep securities, the company is a member of the National Stock Exchange (NSE), The Delhi Stock Exchange (DSE), and the Over the Counter Exchange of India (OTCEI). Debt market services include sale and purchase of debt instruments like government securities, debentures and taxable/tax free bonds.
A competent IT-enabled service facility caters to corporate entities, data management for statistical analysis and on-line data communications related to capital market information. Using tailor-made and suitable application software depending upon requirements, it carries out data processing for various organizations. The software development team offers consulting services, business applications development, e-commerce, corporate intranets, interactive web solutions, turnkey systems and dedicated product development. Jalpradeep Securities, Envy International and Mani Management Consultants are the subsidiaries of the company.
The registered office is located at B-6/6, DDA Commercial Complex, Safdarjung Enclave, New Delhi-110029.
Financials
Wisec Global registered a loss of Rs 0.57 million for the quarter ended December 2007.
Net Sales declined 7.33% to Rs 11.26 million for the quarter ended December 2007 from Rs 12.15 million for the quarter ended December 2006.
Total income dipped 7.78% to Rs 11.86 million from Rs 12.86 million for the quarter ended December 2006.