Intellect Design Arena Ltd is an India-based holding company involved with software development, product licensing, and software-related services. The company’s product portfolio covers a range of verticals, such as global consumer banking, central banking, risk and treasury management, transaction banking, and insurance. Some of Intellect Design Arena Ltd’s products are Digital Core, a web-based banking platform, Wealth Qube, a wealth management solution, and Lending, a loan management solution. The company operates in India, North America, South America, Asia Pacific, and Europe.
Intellect Design Arena Ltd is a mid-cap player in the IT consulting and software industry. The company is listed on the NSE with the symbol INTELLECT and the BSE with code 538835. Founded in 2011, the company has a market capitalisation of Rs 6,134 crore as of November 15, 2022. In the September 2022 quarter, the company’s net worth was Rs 1837 crore, up by 15.9% from its net worth in the same quarter of 2021, Rs 1585 crore.
On November 15, 2022, Intellect Design Arena Ltd share price closed at Rs 458.35 on the Bombay Stock Exchange and at Rs 458.05 on the National Stock Exchange. The stock prices of Intellect Design Arena Ltd have risen by 211.33% over the past three years, whereas it has fallen by 36.95% in the past 12 months. The share’s 52-week high as of November 15, 2022, was Rs 986.00, while the 52-week low was Rs 407.80.
As far as Intellect Design Arena Ltd’s revenue is concerned, the company saw the steepest hike in the September quarter of 2021, with Rs 860 crore in revenue. It resulted in a profit of Rs 153 crore. Since then, the company has maintained a steady revenue between Rs 508 crore (December 2021) and Rs 541 crore (June 2022). It had a revenue of Rs 528 crore and a profit of Rs 45.77 crore in the September 2022 quarter.
Intellect Arena Design Ltd is led by Global Head Kannan Ramasamy. Other members of the leadership team are Banesh Prabhu, CEO - Intellect SEEC, Debanjan Kumar, CEO - iDigital, Manish Maakan, CEO - Global Transaction Banking, and Rajesh Saxena, CEO - Retail & Central Banking. The current president of the company is Uppili Srinivasan.
Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: email@example.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.