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Home -> Finance -> Full Story
Nucleus Software Exports listed on national exchange
By Our Correspondent
Thursday, December 19 2002 14:54 Hrs (IST)

New Delhi: Nucleus Software Exports Limited got listed at the National Stock Exchange (NSE) under the symbol NUCLEUS, according to an official press release.

Nucleus had made its Initial Public Offer (IPO) in August 1995 and was listed in November 1995 at the Stock Exchanges of Ahmedabad, Mumbai, Delhi, Jaipur and Madras with a capital of 3,401,400 shares.

To meet the fund requirements for expansion, the promoters and senior employees subscribed to a preferential issue of 1,875,500 shares in June 2001 at Rs 103.15 per share when the market price was around Rs 60, the release said.

For the first half of the financial year 2002-03 ending September 30, 2002, Nucleus has reported 57 per cent growth in its revenues over the corresponding first half of the last year. The company has paid dividends 4 times in the last two years, the release added.