Dev Information Technology

Dev Information Technology Ltd, (also known as DEV IT) is an Infrastructure Management service provider.[2] The company has headquarter at Ahmedabad[3] and its branch offices in Pune, Jaipur and North America (through its subsidiary).[4] Dev Information Technology has total assets of ₹562m and current liabilities of ₹217m.[5]

Dev Information Technology Ltd
Dev IT
Public domain
Traded asNSE: DEVIT
IndustryIT services, IT consulting
Founded1997 (1997)
HeadquartersAhmedabad,
Key people
Pranav Pandya
(Chairman)
Jaimin Shah
(MD & CEO)[1]
Vishal Vasu
(Director and CTO)
Prerak Shah
(Executive Director & Joint CEO)

History

DEV IT was founded in 1997 and they became the first company from Gujarat to get listed on the National Stock Exchange of India's SME exchange — NSE EMERGE ,[6] the issue, which opened on 31 March and closed on 6 April, was oversubscribed by 74.17 times.[7]

Milestones

  • Jaimin Shah, MD & CEO, was the youngest person and first Gujarati to appointed as Chairman of Domestic Council of NASSCOM[8] He has been awarded as Outstanding IT Entrepreneur of the Year by Ahmedabad Management Association and “Alumni of the Year” by Dharamsinh Desai University.[1]
  • In August Dev Information Technology has launched, AI-powered, and ML-driven Business intelligence and analytics solution for Tally Solutions, named Talligence.[9][10]
  • In September 2019, Dev IT had launched its near-shore support centre at Prince Edward Island.[6][11]

References

  1. "board of directors".
  2. "DEV Information Technology SME IPO to open on 31st March". Moneycontrol. Retrieved 25 September 2019.
  3. "DEVITSM Share Price – 81.00 INR, Dev Information Technology stock price today, Live updates – The Economic Times". The Economic Times. Retrieved 25 September 2019.
  4. "SEBI- Document" (PDF). SEBI.
  5. "Dev Information Technology Limited (NSE:DEVIT) Earns Among The Best Returns In Its Industry". Retrieved 25 September 2019.
  6. 1 Sep, Niyati Parikh | TNN | Updated; 2019; Ist, 9:01. "Ahmedabad SME goes big globally | Ahmedabad News". The Times of India. Retrieved 25 September 2019.CS1 maint: numeric names: authors list (link)
  7. Bureau, Our. "Dev Information SME IPO subscribed 74 times". @businessline. Retrieved 25 September 2019.
  8. India, The Hans (4 May 2017). "Jaimin Shah of DEV IT from Ahmedabad appointed Chairman of Domestic Council of NASSCOM". thehansindia.com. Retrieved 25 September 2019.
  9. Team, C. R. N. (20 August 2019). "Gujarat based Dev Information Technology unveils Talligence". CRN – India. Retrieved 25 September 2019.
  10. smechannels. "Dev Information Technology Unveils Talligence". SMEChannels. Retrieved 25 September 2019.
  11. Correspondent, dna (21 January 2019). "Vibrant Gujarat Summit: Canada seeks investment in high tech sectors". DNA India. Retrieved 25 September 2019.


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