- 1999-2000 - Cerebra came out with its
maiden Public Issue in April 2000.Equity
participation by Mutual Funds, OCBs, Financial
Institutions. Listing in the BGSE, BSE, ASE & CSE.
IPO oversubscribed 5.36 times even in a sluggish
market.
Company’s Share Capital rose from Rs.47.10 Lakhs to
Rs.443.73 Lakhs
Paid a dividend of 10% for the financial year ended
31st March 2000.
Established overseas Channel Partner in Africa,
thereby exports to Africa, Nepal & Australia.
Launched Notebooks & U P S.
Strategic alliances in the USA, Germany and United
Kingdom.
Cerebra bagged a software development project from
an Australian firm.
Obtained ISO 9002 Certification from KEMA,
Netherlands.
Offices established in 10 locations across the
Country viz., Ahmedabad, Chennai, Cochin,
Coimbatore, Calcutta, Delhi, Goa, Hyderabad &
Mumbai.
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- 2000-01 - Countries first design &
manufacturing Unit - SMT Line launched and formation
of the Surface Mount Technology Division.
Overseas offices in Maryland, Oregon & Delft.
Shares listed on the Mumbai Stock Exchange in March.
Cerebra expanded its software development unit
Dividend of 20% declared for the year ended 31st
March 2001
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- 2001-02 - Upgraded the ISO certificate to
include Software Division and was awarded the
coveted ISO 9001: 2000 standards for Cerebra.
Hardware industry took a dip for the first time in
the last few years and the software industry also
saw global challenges due to a slow down in the
World economy and the U.S.Economy in particular.
Launched the PDA both in Colour and Monochrome.
Launch of Ceremed + a suite of 19 HealthCare
Products from the software division.
Major order for supply of PCs and development of a
secured email server & client network for the
Ministry of Home Affairs.
Opened an office in Munich, Germany.
KRANION brand of products manufactured by SMT
Division well accepted in the market
Dividend of 10% declared for the financial year
ended 31st March 2002.
Participation in CeBIT, Hanover and Comdex, USA
Appointed partners in Germany, U.K, U.S.A,
Netherlands, Spain and Italy.
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- 2002-03 - Hardware Division bagged a
major OEM order for supply of PCs to the Insurance
Sector.
SMT Division shifted its focus from manufacturing to
sub-contracts.
Software Division bagged an order for Win CE based
Mobile Applications for a Route Planner.
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- 2003-04 - Due to the downtown after the
Sep. 11th Company incurred heavy losses & had to
goto BIFR (Board for Industrial & Financial
Reconstruction)
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- 2004-05 - Bagged a major OEM order for
supply of Desktop Computers from a major
manufacturer.
- 2005-06 - Increased the Share Capital
from 5.9 Crores to 7.2 Crores.
- 2006-07 - Investment by a leading
investor who has taken 14.5% stake in the Company.
Restructured the company. Increased the Share
Capital from 7.2 Crores to 15 Crores. Investors
included a globally renowned private equity
investor apart from other HNI's.
Company became a
debt free company.
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- 2007-08 - Started ITeS Division .
Started the LPO Division – Legal Support Services.
Started Medical Transcription.
Company Turned net
worth positive bagged large orders for contract
manufacturing from Indian & U.S.A customers. For
Energy meters, RFID products, ticketing machines,
etc.
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