Nucleus Software Exports Explained

Nucleus Software
Type:Public
Traded As:
Industry:IT services
Location City:Noida, Uttar Pradesh, India
Area Served:Worldwide
Key People:Vishnu R Dusad (Managing Director)
Parag Bhise (CEO)
Revenue: INR 346.22 cr., $ 57.74 mn (FY 2013–14)[1]
Net Income: INR 64.34 cr., $ 10.73 mn (FY 2013–14)
Num Employees:1,665 (as of 31 March 2017)[2]

Nucleus Software Exports Limited (NSE: NUCLEUS) is an Indian IT company in the banking and financial services sector.[3] It offers IT and consultancy services serving a variety of sectors of the banking industry.[4] It is listed on the Bombay Stock Exchange[5] and the National Stock Exchange of India.[6]

The company has its headquarters in Noida, Uttar Pradesh, India,[7] and it operates in more than 50 countries. [8]

History

Nucleus Software started its operations in 1986 in a small office at Thyagraj Nagar, New Delhi.[9] In 1994, the company went global with its entry into Singapore.[10] In 1995, it became a public company, when it issued 201,000 equity shares of Rs 10 each.[11] In 2005–06, Nucleus Software expanded its operations in Europe with a wholly-owned subsidiary in Amsterdam.[12] The company was awarded with Gold Shield for Excellence in Financial Reporting 2010 by the Institute of Chartered Accountants of India (ICAI). [13]

Operations

Nucleus Software Exports Limited operates in more than 50 countries[8] and has its headquarters in Noida, Uttar Pradesh, India. As of 31 March 2014, Nucleus Software had 14 offices across 10 countries and seven wholly owned subsidiaries:[14]

See also

Notes and References

  1. Web site: Nucleus Software Export Ltd. Annual Report . 2014 . Hindu Business Line . 8 December 2014.
  2. Web site: Nucleus Software's Q1 net profit up 4% at Rs 11.65 crore . Economic Times . 4 August 2014 . 12 November 2014.
  3. Web site: Nucleus Software's technological solutions enhance financial services . 3 September 2014 . World Finance . 21 November 2014.
  4. Web site: Vishnu R. Dusad, Founder, CEO and MD, Nucleus Software Exports Limited . India Infoline . 9 August 2014 . 19 November 2014.
  5. Web site: BSE – Company Profile – Nucleus Software Exports Ltd. . Bombay Stock Exchange . 10 November 2014.
  6. Web site: NSE – Company Profile – Nucleus Software Exports Ltd. . National Stock Exchange of India . 10 November 2014.
  7. Web site: Location Details – Nucleus Software . moneycontrol.com . 10 November 2014.
  8. Web site: Financial and Strategic SWOT Analysis Review – Nucleus Software Exports Ltd. (NUCLEUS) . GlobalData . April 2014 . 15 December 2014.
  9. Web site: Nucleus Software Export Ltd. Annual Report . 2013 . Nucleus Software Exports Ltd. . 12 November 2014.
  10. Web site: Economic Times-Director Reports-Nucleus Software Exports Ltd. . 31 March 2014 . Times Internet Limited . 12 November 2014.
  11. Web site: Economic Times-Company History-Nucleus Software Exports Ltd. . Times Internet Limited . 12 November 2014.
  12. Web site: Dusad . Vishnu R. . Nucleus Software in the Netherlands – 5 years of success . Netherland Foreign Investment Agency . 20 November 2014.
  13. Web site: Nucleus Software Awarded Gold Shield for Excellence in Financial Reporting . BSE Ltd . 23 January 2012 . 5 November 2014.
  14. Web site: Value Research Online-Directors Report-Nucleus Software Exports . Value Research . March 2014 . 20 November 2014.

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