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DEV IT

From EverybodyWiki Bios & Wiki

DEV IT
Dev Information Technology Limited
Public
Traded as(NSE Emerge: DEVIT)
ISIN🆔
IndustryIT services, IT consulting
Founded 📆23 December 1997
Founder 👔Pranav Pandya
Jaimin Shah
Headquarters 🏙️,
Ahmedabad
,
India
Area served 🗺️
Worldwide
Key people
Jaimin Shah (MD and CEO)
Pranav Pandya (Chairman)
Vishal Vasu (Director & CTO)
Prerak Shah (Executive Director and Jt. CEO)[1]
ServicesInformation technology consulting and outsourcing services
Members
Number of employees
756 (FY 2017–18)[2]
🌐 Websitewww.devitpl.com
📇 Address
📞 telephone

Dev Information Technology Limited is an Indian information technology and IT outsourcing company based in Gujarat, India. Founded in 1997, the company employs over 750 people with an annual revenue of INR 67.32 cr. [3] The company provides end-to-end information technology services including enterprise application development, infrastructure management services, licensing services, digital services, cloud computing services and e-governance solutions.

The company is recognized as Best SI Managed Service Provider by GESIA IT Association.[4]

History[edit]

Dev Information Technology Limited was established by Mr Pranav Pandya and Mr Jaimin Shah on December 23, 1997. The company was earlier registered as Dev Information Technology Private Limited and headquartered at Ahmedabad, Gujarat, India.[5]

Name change: The company changed its name from Dev Information Technology Private Limited to Dev Information Technology Limited when it became a public limited company on February 06, 2017 by getting listed on NSE Emerge [NSE: DEVIT].[6] The IPO was opened on March 31, 2017 and was oversubscribed 74 times.[7]

In 2010, Byte Technosys, an Infrastructure Management Service providing company was merged with DEV IT and expanded the service area to custom application development services. In 2011, a Network operations center (NOC) was established at the headquarters.[8]


In 2012, the subsidiary named Dev Info-Tech North America Limited was formed and expanded the geographical reach of DEV IT.[9]

References[edit]

  1. "Dev It People". Reuters. Retrieved 18 April 2017.
  2. "Employee Metrics" (PDF). Securities and Exchange Board of India. Retrieved 23 March 2017.
  3. "Company's total income". Moneycontrol.com. Retrieved 5 June 2017.
  4. "Awards and Recognitions". Economic Times. Archived from the original on 18 January 2017. Retrieved 17 January 2017.
  5. "History of Incorporation". Economic Times. Archived from the original on 3 April 2017. Retrieved 2 April 2017.
  6. "Company History - Dev Information Technology Ltd". Economic Times. Archived from the original on 21 January 2017. Retrieved 20 January 2017.
  7. "DEV IT IPO subscribed 74 times". Business Line. Retrieved 7 April 2017.
  8. "Acquision of Byte Technosys". Archived from the original on 30 January 2015. Retrieved 31 January 2015.
  9. "Subsidiary Company". Retrieved 30 Aug 2018.


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