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About Tyche Industries
Siris Soft was incorporated in 1998 with the object to focus in e-commerce application using Sun & Microsoft technologies.
The company has established two advanced development centers in the area of e-commerce in New Jersey, USA and Hyderabad. The company has three business models namely offshore solutions, offsite solutions and onsite solutions. It has entered into strategic alliance with Allegheny Digital Corp, Organic Online Inc, Transaction Information System Inc, CMC and Business Software Solutions Inc.
The company is coming with a public issue of 26 lac equity shares of Rs. 10/- each aggregating to Rs. 260 lacs to finance the cost of expansion of the infrastructure to meet the demands of the anticipated business through the strategic partners and through own branches, to market the existing ERP products, to meet the cost of establishing of Branches in America and to part finance the cost of proposed line of operation and to set up infrastructure facilities.
The company showed an increase in sales from Rs. 46.62 lacs in 1999 to 301.20 lacs in 2000 and a net profit of Rs. 6.32 lacs (1999) to Rs. 59.81 lacs (2000).
The projections of the company shows a sales of Rs. 1549.32 lacs and net profit of Rs. 249.52 lacs for the year 2001 and sales of Rs. 1936.65 lacs and net profit of Rs. 346.02 lacs for the year 2002. The company is expecting to earn a export earnings of 82.64% in total revenue.
Parent Organisation
Indian Private
Managing Director
G Ganesh Kumar
Founded
1998
NSE Symbol
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Tyche Industries Ltd FAQs
What is the share price of Tyche Industries Ltd (Tyche Industries Ltd) shares?
Tyche Industries Ltd (Tyche Industries Ltd) share price as of May 30, 2024, on NSE is Rs 2,851.15 (NSE) and Rs 2,860.00 (BSE) on BSE.
Can I buy Tyche Industries Ltd (Tyche Industries Ltd) from Angel One?
Yes, You can buy Tyche Industries Ltd (Tyche Industries Ltd) shares by opening a Demat account with Angel One.
How do I buy Tyche Industries Ltd (Tyche Industries Ltd) from Angel One?
Tyche Industries Ltd (Tyche Industries Ltd) share can be bought through the following modes:
1. Direct investment: You can buy Tyche Industries Ltd (Tyche Industries Ltd) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Tyche Industries Ltd (Tyche Industries Ltd) shares.
1. Direct investment: You can buy Tyche Industries Ltd (Tyche Industries Ltd) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Tyche Industries Ltd (Tyche Industries Ltd) shares.
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