db realty ltd. ( dynamix balwas realty ) is a mumbai based , real estate development company and the flagship company of db group , established in 2006 .

db realty ltd. has an expanding portfolio , currently consisting of 25 projects in and around mumbai and pune .

the company focuses on various stages of planning and constructing residential and commercial properties as well as mass housing and cluster redevelopment projects .

the company ’s notable projects include db crown , orchid heights , db woods , orchid suburbia and db ozone .

db realty

this is db realty’s fourth monetization pact after forming joint development agreement for . . .
leading real estate / builders / contractors of db ozone real estate services , db skypark real estate services , db crown real estate services and db orchid heights real estate services from mumbai .
db realty : a customer - centric real estate developer , focusing on premium homes in mumbai .
db realty ' s project db ozone was to be delivered in 2012 but has failed to see the light of the day even four years later .
also , the alleged involvement of db realty’s promoters in the 2g scam doesn’t seem to have affected db realty’s capability to raise bank debt yet . gattu stated that banks have sanctioned r300 crore of loans for the db crown project , out of which the company has already drawn r260 crore for construction purposes . db realty’s consolidated net debt stands at around r800 crore at present .
the communiqu stated that db realty ' s business would continue in the normal course under new managing director vinod k . goenka .
the unacceptable rider that came along with the offer has indeed shocked the families who are now planning to file an fir against db realty .
rajagopal did not respond to calls or emails . according to a db realty statement :
rajagopal , a non - executive director of db realty , was appointed as a nominee of lehman brothers , pursuant to their investment in db realty prior to the ipo . as per the ssa ( share sales agreement ) , the right to appoint nominee directors by all such investors ceased to exist on october 1 , 2010 . post his joining starwood capital , his current schedule and commitments do not permit him to continue to be on board of db realty and , hence , he has taken the decision to resign from the board . db realty is in the process of consolidating and reconstituting the board to make it focused .
n . m . gattu , db realty’s cfo , says the firm has already managed to sell around 50 % each in two projects , db crown in prabhadevi and db orchid heights in mahalaxmi . “once we reach a typical floor height , the project will generate automatic cash flows , ” gattu said .
however , analysts say there has been no concern about project execution for now . but db realty ' s shares have been suffering since the scam broke out .
vinod goenka , md , db realty said , “we at db realty will use the platform of art to bring to the forefront social problems and issues which touch all of our lives . we are committed not only to building world - class homes but are also committed to support organisations engaged in helping those who are socially disadvantaged .
real estate developer db realty has fixed the issue price of its initial pubic offer ( ipo ) at rs 468 per share — the lower end of its price band .
crisil has assigned an ipo grade 2 to db realty ltd ipo . this means as per crisil , company has ' below average fundamentals ' . crisil assigns ipo gradings on a scale of 5 to 1 , with grade 5 indicating strong fundamentals and grade 1 indicating poor fundamentals . click here to download the crisil ipo grading document for db realty limited
sundaram rajagopal , managing director of starwood capital , india and southeast asia , has resigned from the board of directors of mumbai - based db realty , the company said today .
michael mccook a director representing trinity capital on db realty ' s board was the latest to have stepped down . trinity has 4 . 66 per cent stake in the firm .
db realty , one of mumbai’s biggest real estate developers , is offering choppers for its potential home buyers for its south mumbai’s premium projects to oversee the progress of their projects .
durhman & bassett realty group is dedicated to developing quality sustainable projects with superior returns .
mumbai - based real estate developer db realty will raise rs 1 , 500 crore through an initial public offer and has filed the draft prospectus with market regulator sebi for the same .
analysts state that though db realty may have managed to cross some regulatory hurdles , the time taken for it to do so has also seen the market for premium residential real estate shrink .
you can view full text of the director ' s report for d b realty ltd .
mr . vinod goenka , md , db realty with his characteristic reticence had this to say “we at db realty , will use the platform of art to bring to the forefront social problems and issues which touch all of our lives . we are committed not only to building world class homes but are also committed to support organizations engaged in helping those who are socially disadvantaged . ”
a change in mumbai’s development control rules also led to many projects being held up . vipul bansal , db realty’s , ceo says , however , all issues regarding approvals have been resolved . ”
city - based businessman pramod goenka ( 52 ) , brother of chairman of construction firm db realty vinod goenka , is believed to have been kidnapped by an african gang in mozambique on saturday .
db realty entered into the capital market with an issue size of 3 . 20 crore equity shares in a price band of rs 468 - 486 a share with face value of rs 10 .
in a separate statement , db realty has inducted the fathers of the two co - promoters as additional directors on the board . krishna murari goenka ( father of vinod goenka ) and usman balwa ( father of shahid balwa ) have joined the board from april 21 , 2011 . “both of them have vast experience , maturity and business knowledge , which will immensely benefit the company , ” db realty said .
both of them have vast experience , maturity and business knowledge , which will immensely benefit the company ,
db realty informed the stock exchanges in a regulatory filing about the two board level inductions .
major efforts are underway to intensify and broaden db realty’s sustained program of making mumbai a better place to live in . the breadth of this involvement will bring a smile to the people of this extraordinary city .
db realty will close below rs . 400 today . i told you every time that when s . p . tulsian said to apply please do not apply and if he said to avoid please apply . i am working on same formula when he said i do reversal and earn lot of money . one can read the following comment by him where he was saying to apply even on upper band in db realty urltoken
paisa doob gaya db realty me . . . . hum to pharte hai issue listing gains ke liye . some fool advised me to go for this issue saying that there is a big name involved in this issue . where is this big name now . if aqua logistic which has a fundamental value or 50 rs can list at 240 then whats wrong with db realty operators . dont they care for us . .
even as uncertainty grips the fate of two of its promoters - shahid balwa and vinod goenka - arrested for their alleged involvement in the 2g scam , their fathers were appointed as additional directors in db realty .
with regulatory hurdles out of the way , db realty would need to accelerate sales in its upcoming and existing projects to stay afloat . but with a final verdict on the 2g case still pending , any adverse judgment with respect to db realty’s promoters may impact consumer and investor sentiment on the company , especially since goenka and balwa continue to function as chairman and vice chairman of the company , along with being joint mds .
the senior balwa and goenka , who have decades of experience in running their hospitality and real estate businesses , have joined the board of db realty as additional directors since independent and other directors are leaving in droves .
db ozone of db realty , a luxurious and prestigious residential development having 1bhk , 1 . 5bhk and 2bhk apartments will be coming up in the rapidly expanding residential vicinity of mumbai . its proximity to hospitals , government schools and other reputed schools , colleges , banks , supermarkets and specialty restaurants will make it a dream destination .
db house general a . k . vaidya marg , goregaon ( e ) , mumbai - 400 063 , india
db house general a . k . vaidya marg , goregaon ( e ) , mum - 400 063 , india
db realty has taken the first step in this direction by associating with prominent theatre personality - mr feroz khan , who has directed the indian adaptation of the 2000 pulitzer award winning play by donald margulies ‘dinner with friends’ .
in a filing to the bse , db realty informed that the company had availed of rs 200 crore loan from lic housing finance ltd in january 2010 and out of that , rs 188 crore were disbursed to it .
db realty today said it plans to raise as much as rs 1 , 500 crore through an initial public offer ( ipo ) and will sell each share at a minimum of rs 468 and a maximum of rs 486 .
last month also saw the arrest of shahid balwa , managing director of db realty . he then gave his resignation . he was taken into custody by the central bureau of investigation in connection with the 2g telecom spectrum scam .
there were reports that starwood had withdrawn from db realty ' s bandra government colony redevelopment project here , where it was an investor . in an emailed response , db realty said :
starwood capital is considering investment in the bandra government colony project and we have signed a non - binding term sheet with them . due diligence is currently in process . and , we have not received any information from them about backing out of the deal . ”
db realty limited was incorporated in 2007 and enjoys multifaceted portfolio with developments in residential and commercial sector . they partnered with best in class contractors and architects for their developments and in - house project management team of experts for execution process . db realty developers have developed several residential spaces and commercial projects at different locations in mumbai and pune . the builders have delivered exceedingly remarkable spaces over the years and have supremely served the end investors . few of its
db realty , one of mumbai’s biggest real estate developers , is offering choppers for its potential home buyers for its south mumbai’s premium projects to oversee the progress of their projects . but the same company is also playing the delaying tactics in giving possession to more than 3 , 500 home buyers in its project named db ozone in suburb dahisar .
mumbai - based real estate firm db realty , whose promoters were embroiled in the alleged scam over allocation of 2g spectrum to telecom firms , is looking to move out of the shadows of a chequered past and launch new projects .
db realty is a listed real estate company based in mumbai incorporated on january , 08th 2007 . the company is the flagship company of the dynamix balwas group which focuses on the development of residential , commercial , retail , mass housing and cluster redevelopment projects , in and around mumbai . the legacy of db realty lies in the vision of mr vinod goenka & mr shahid balwa , who established this partnership in 1997 and have soared from one success to another since then .
nazia khan , one of the home buyers who was promised a flat in two years , is in tears . the mira road resident had sold her house and gold jewelry to invest in a db realty project almost eight years ago .
despite , their announcement of fund crunch , however , db realty continues to carry out work on its site at bandra , mahalaxmi and prabhadevi where it is advertising in newspapers of touring buyers via choppers to oversee progress of its project .
db realty’s management says the company plans to launch projects with a total saleable area of six million sq . ft in the next one year . these should fetch its revenues of around r20 , 000 crore over the next four to six years .
db realty focuses on residential , commercial , retail and other projects , such as mass - housing and slum redevelopment , in and around mumbai . enam securities pvt ltd and kotak mahindra capital co are the book running lead managers to the issue .
db realty plans to inject rs 1 , 044 . 6 crore into four residential and commercial projects in mumbai and pune named orchid zone , orchid centre , ascot centre ii and orchid corporate park by 2013 , according to the share sale document .
new delhi : db realty has fixed the issue price of its initial pubic offer ( ipo ) at rs 468 per share—the lower end of its price band . the mumbai - based realty firm ' s rs 1 , 500 - crore ipo that closed on february 2 , was subscribed nearly three times . the issue would constitute 13 . 18 per cent of the fully diluted post - issue capital of the company , db realty said . db realty entered into the capital market with an issue size of 3 . 20 crore equity shares in a price band of rs 468 - 486 a share with face value of rs 10 . the issue , which opened on january 29 , was subscribed 4 . 4 times from the qualified institutional buyers ( qibs ) portion . the proceeds of the ipo would be utilised towards new projects , pre - payment of loan and general corporate purposes .
reportedly , db realty has shifted its attention from the mid - sized 2 & 3 bhk flats to super premium flats costing more than rs 6 crore , complete with a helipad at the top for prospective riders to get a close view of the property .
mccook is the fifth board member to step down in the last three months from the firm that went public last year . most recently , sundaram v rajagopal , managing director of starwood capital india advisors , who was on db realty’s board for the last four years as a non - executive director , has stepped down from the post . earlier , rajagopal was a nominee director of bollywood mauritius holdings ( a lehman bros entity ) , another financial investor in db realty before its ipo . last october , he ceased to be a nominee director of the realty firm and was appointed as an additional director ( independent non - executive director ) .
rajagopal’s is the third recent high - profile exit from db realty ' s board . last month , shahzad dalal , vice chairman and managing director of il & fs investment managers , and former state bank of india managing director chandan bhattacharya , resigned as directors .
db house gen . a . k . vaidya marg , goregaon mumbai 400063 p : + 9122 . 40778600 f : + 9122 . 28422444
but bansal insists that db realty’s project have been consistently doing well . “in fact , in the last quarter of 2014 we obtained occupation certificates for three projects . customers are looking for delivery and quality and we see no negative feedback from them during our interactions . ”
d b realty limited db house , gen . a . k . vaidya marg , goregaon ( east ) , mumbai 400 063 , india phone : + 91 22 4077 8600 fax : + 91 22 2842 2444 email : sak . narayanan @ urltoken website : urltoken
whether you are looking to buy , sell , or lease , durhman & bassett realty group , inc . offers it all .
mumbai : it is not just jaypee klassic in uttar pradesh’s noida which has not been able to adhere to the timeline and deliver flats . mumbai’s db realty , too , has failed to keep its promise of delivering dream homes to at least 3600 families in mumbai’s dahisar .
cnn news 18 tried to get in touch with db realty ceo vipul bansal but the calls went unanswered . after two visits to the company office , we were told that bansal was out of town . nobody from the company agreed to speak about the case on his behalf .
realty stocks are traded on the bourses at a price - earnings multiple of 18 times ; and if the same is applied to db realty’s future earnings the value of the company could be much higher . although the first quarter of 2012 - 13 has seen a sharp fall in the company’s revenues and profits , a trend that may persist in the near - term , there is hope of things looking up .
durhman & bassett realty group , inc . currently manages over 695 , 000 square feet of commercial space . our managed properties include :
on tuesday , realty players like sahara prime city , emaar mgf and lodha filed drhps to raise over rs 11 , 000 crore .
we will sell around three crore shares . so , on the lower band of the issue , the promoters will offload 13 . 4 per cent stake while on the upper band they will dilute 12 . 75 per cent ,
db realty group , cfo , jayesh doshi said .
db realty started the pre - launch bookings for the project in 2008 followed by construction work starting in 2009 promising its buyers of giving possession in 2012 , but till today it has only extended its deadline , following which the buyers have now decided to move the consumer court for justice .
you can view name of chairman , ceo , cfo , management team , board of directors and key executives of d b realty ltd .
meanwhile , the company is also looking out to rope in additional directors to fill the vacant slots . as of monday , including senior balwa and goenka , db realty has five directors . these include chairman karun c . srivastava , a former maharashtra cadre ias officer ; mahesh gandhi and vinod goenka .
d . b . realty limited - real estate / builders / contractors of current projects , completed projects & upcoming projects in mumbai , maharashtra .
as of august 31 , 2009 , db realty have ten ongoing projects , aggregating approximately 18 . 61 million square feet of saleable area , nine forthcoming projects , aggregating approximately 20 . 17 million square feet of saleable area and six upcoming projects , aggregating approximately 22 . 11 million square feet of saleable area .
we propose to meet the requirement of funds towards construction cost of four ongoing projects from the net proceeds over the next 12 - 24 months . besides , we will use the money to repay a loan of rs 80 crore to idfc ,
db realty , managing director shahid balwa told reporters here .
a comprehensive human resource strategy focussed at delivering the vision forms the backbone of the hr practice at db realty . leadership development , empowerment , continuous learning and growth are the core tenets of our hr strategy . we welcome spirited individuals who share our vision and would strive to achieve excellence in all spheres of work .
unlike most real estate companies , which are struggling with high debt , db realty has a debt of only rs 326 crore against equity of rs 3 , 384 crore . even if the debt of its subsidiaries is included , the debt to equity ratio may not cross 0 . 4 times , which is comfortable .
brief - d b realty says civil judge senior division , thane dismissed suit w . r . t . free hold land held by mira real estate developers
iirf holdings , an investment arm of il & fs private equity - managed fund , owns 4 per cent stake in db realty while trinity capital held 4 . 6 per cent stake as of march 31 , 2011 . however , the company has witnessed a decline in institutional holding for the last four quarters on the trot .
kim goode serves as assistant property manager for durhman & bassett realty group . kim joined d & b in 2017 with over 7 years of property management experience .
justin poses handles leasing and brokerage duties for durhman & bassett realty group . justin joined d & b in 2017 and is a licensed texas real estate broker .
db realty , india’s leading real estate developer , has announced a program committed to making a difference in the lives of less privileged people . the company has initiated an integrated corporate social responsibility program , ‘vision mumbai’ that will extend support to ngo’s dealing with issues related to shelter , education , health , environment , women’s empowerment and children .
mumbai is the most preferred realty destination for both developers and buyers alike , as this profitable zone benefits both the parties by providing them with an opportunity to earn good returns on their investments . the continuous growth in the realty industry can be clearly observed from the urltoken mumbai insite january - march 2015 report . according to it , the residential prices saw a consistent rise and the realty landscape grew by two percent in the quarter of january - march 2015 as compared to previous quarters .
derek quinn handles leasing and brokerage duties for durhman & bassett realty group . derek joined d & b in 2017 and is a licensed texas real estate sales agent .
extending this logic for db realty , the company has an equity base of rs 3 , 384 crore . under normal circumstances , the company has generated return on equity ( roe ) equivalent to the bank rate or profits of around rs 300 - 330 crore , which is 10 times higher than its profits in fy12 ( an exceptional year ) .
steve durhman serves as president of durhman & bassett realty group and is one of the founders of the company . steve ' s primary focus is retail development and brokerage .
db realty , listed in 2010 . but a year after that , one of the group’s firms swan telecom , along with its promoters shahid balwa and vinod goenka were dragged into the 2g controversy as it was alleged that then telecom minister a . raja had illegally helped swan telecom bag 2g licences . balwa and goenka were even arrested and later released on bail .
“db crown” at prabhadevi is a residential project offering luxury of ampleness of space and an endless view of the sea . the construction work of the said project is progressing as per revised plans .
“db ozone” at dahisar is a large residential project and the civil structure work for sale and rental building has been completed and handing over of possession of the flats for fit outs has commenced .
another independent director on the board of il & fs private equity and trinity capital - backed real estate firm db realty has quit . michael mccook , a senior advisor at trikona advisors ( former investment advisor of trinity capital ) and a former senior investment officer ( real estate ) at calpers , has quit the board , leaving just two independent directors functioning for the company .
d b properties private limited incorporated as a private limited company on january 8 , 2007 under the indian companies act , 1956 . the company is engaged in the business of real estate development and construction . db properties became a subsidiary company , with effect from september 30 , 2008 when 10 , 000 equity shares were acquired , aggregating to 100 % of the paid–up capital of db properties .
fred polansky serves as regional property manager for durhman & bassett realty group . fred joined d & b in 2016 with over 27 years of commercial property management and construction management experience .
apart from the share price , db realty’s fundamentals reveal the possible reasons behind the purchase . the company currently trades at a value which is almost equal to the inventory in its books . experts who are tuned in with the development also suggest that a part of the inventory must be sitting in the books at lower cost compared to its real value as projects have been delayed .
the db group had a joint venture with abu dhabi - based etisalat to offer telephony services in india , but with the supreme court cancelling its telecom licences in 2012 , the latter exited india .
d b man realty limited incorporated as a private limited company in the name of d b hi–class construction private limited on august 22 , 2008 under the indian companies act , 1956 . the company ' s name was changed from db hi–class constructions private limited to d b man realty private limited with effect from october 23 , 2009 . subsequently , the company has been converted into a public company and the name has been changed to d b man realty limited , pursuant to a shareholders resolution dated november 30 , 2009 . the company is engaged in the business of real estate development and construction . dbmrl became a subsidiary company , with effect from september 17 , 2009 when 5 , 100 equity shares were acquired , aggregating to 51 % of the paid–up capital of dbmrl .
the other four directors who have resigned from db realty after the scam broke out include sundaram rajgopal , md , starwood capital ; shahzaad dalal , vice - chairman ( v - c ) , il & fs investment managers ; chandan bhattacharya , former md of state bank of india and managing director ( md ) shahid balwa who put in his papers after denial of bail in february this year .
goenka , director of several realty firms , was reported missing hours after he landed in maputo , capital of the south - eastern african nation , to meet a gujarati businessman on february 17 .
a series of charity performances across the country and even abroad are scheduled during the year . this is a first step towards realizing db’s broader vision of a long term affiliation with the arts to benefit social causes .
conceptualized by the renowned architect , hafeez contractor , db ozone has been carefully designed to enhance comfort and connectivity for its residents . these affordable homes offer a plethora of services suitable for convenient living , including a gated community spread over 14 acres . located off the western expressway at dahisar , db ozone offers fast connectivity to the main city along with easy access to multiple shopping hubs and variety of educational institutes in the vicinity .
“db heights” at mahalaxmi is a residential tower offering the luxury of size and space along with an unmatched view of the arabian sea as well as the golf course . the construction work has commenced as per approved plans .
those who religiously follow rakesh jhunjhunwala would have bought shares of db realty after his buying was reported — 1 . 25 million shares at an average price of rs 90 . 21 apiece totalling rs 11 . 27 crore last friday . and , why not ? although jhunjhunwala hasn’t been heard talking about his investment in this stock , as a stock - picker , he is known for his early moves in picking up deep value stocks .
db realty’s ambitious plans for the future are contingent upon securing some key , necessary approvals from the maharashtra government for its upcoming projects in mumbai , which have been long pending . on december 31 , the real estate firm said that it expected to get necessary clearances for three of its projects—slated to come up in upscale locations of marine lines , mahalaxmi , and bandra ( west ) —shortly , subsequent to a high court ruling in its favour .
established in 1993 , durhman & bassett realty group , inc . specializes in the development , brokerage , leasing and management of quality retail properties . superior strategy , quality representation and timely execution are our primary objectives .
d b realty incorporated as a public limited company under the indian companies act , 1956 on january 8 , 2007 and received certificate for commencement of business on february 28 , 2007 . it was converted to a private company and the company ' s name was changed to d b realty private limited , pursuant to a shareholders resolution dated may 14 , 2007 and received a fresh certificate of incorporation on july 9 , 2007 . subsequently , the company was converted to a public company and the name was changed to d b realty limited , pursuant to a shareholders resolution dated september 5 , 2009 and received a fresh certificate of incorporation on september 23 , 2009 .
db realty limited ( dbrl ) is a real estate development company focusing on residential , commercial , retail and other projects , such as mass housing and cluster redevelopment in and around mumbai . today , the group is one of india ' s top real estate developers , with presence in commercial , residential , hospitality , retail , it parks and gated communities . its existing product portfolio ranges from upscale buildings , lavish villas and some of the most elite malls in the country .
developers now seem to enter various fields to promote the social causes as a part of csr initiatives . under their new initiative ‘vision mumbai’ db realty has taken a step by associating with prominent theatre personality , feroz khan , who has directed the indian adaptation of the 2000 pulitzer award winning play by donald margulies ‘dinner with friends’ . as a part of the series of charity performances across the country , the play dinner with friends was held on saturday , 22nd january , 2011 at tata theatre ncpa .
in db realty’s case , jhunjhunwala has entered the stock at one - fifth its peak value ( rs 475 in september 2010 ) . in a bid to understand what could have possibly excited one of india’s shrewdest investors , we looked at the company’s assets and financials . while our analysis suggests there is potential for gains , investors should note that there are risks as well in the form of the company’s ability to revive its financials as well as lack of clarity over legal issues pertaining to the promoters .
while some home buyers say that they find it difficult to survive in a tiny rented flat , others who had been living abroad add that a new house was their dream as they had moved to india hoping that db ozone project would be completed on time .
db realty scrip , which lost over three - fourth of its value since last october , had seen some bottom fishing after it hit a 52 - week low on march 29 and was trading at rs 105 levels in early morning session on monday , down 0 . 66 per cent from previous close . all the pre - ipo financial investors have an average cost of purchase of rs 190 per share , according to vccircle estimates , which means they are sitting on unrealised loss of around 45 per cent .
randy bassett serves as vice president and chief executive officer of durhman & bassett realty group and is a founder of the company . randy ' s specialties are in the areas of financial analysis and forecasting , contract administration , project marketing and brokerage .
mumbai - based realty firm’s rs 1 , 500 - crore ipo , that closed on february 2 , was subscribed nearly three times . the issue would constitute 13 . 18 per cent of the fully diluted post - issue capital of the company ,
db crown is one of the most distinguished addresses in south mumbai . in fact , there are several factors which make it the ideal residence . the prime location , sprawling spaces and breathtaking views of the skyline and shoreline , to name a few . that a sought - after name like hafeez contractor works at crafting these living spaces explains the sophisticated ambience that db crown exudes . from the 13 feet high ceiling to the unhindered views of the arabian sea , eastern harbour and the bandra - worli sea link to a multitude of amenities and sports facilities , db crown offers everything the discerning resident would desire . what ' s more , it offers all of this within the proximity of the best shopping destinations , central business districts and the siddhivinayak temple . a luxurious lifestyle doesn ' t get more real than this .
a complete makeover while there is potential in the company , the big question is whether it will be able to convert its inventory into sales . the company has taken steps to address this issue and is aiming for a complete makeover . db realty has appointed a new advertising agency to re - energise its brand . it has also appointed a new chief executive officer and has set up a committee to fast - track it project execution . it expects to get clearance for some of its projects and hopes to launch new projects this fiscal .
tchless constructions are db crown , orchid views and orchid castle . the developers have been accredited for changing the definition of luxury apartments in mumbai and created aesthetically striking residential spaces . tailoring the needs and requirements of the end customers , they have brought several high end structures in to existence .
shantaram bhandari , a kalina - based buyer booked a 2 bhk flat back in 2009 , said that they were initially given a deadline of december 2012 . however , while signing the agreement in 2011 , the deadline was changed to december 2014 . “i have paid almost 89 per cent of the payment by taking loan from a private bank and like me almost everyone has paid the same amount . in such a scenario i fail to understand when the payment is already been done where did db realty diverted these funds instead of putting them in construction of our houses ”
situated at the centre of the hospitality district of mumbai , a 5 - minute drive away from the mumbai international airport , db skypark makes for a highly coveted address . the 2 , 3 and 4 bhk flats are designed to offer first - class comforts along with an array of common amenities , including a swimming pool , manicured gardens and a coffee lounge . minutes away from a range of hotels , namely the hilton international airport hotel , the hyatt regency and the lalit , you shall find that with an investment in db skypark , location will be your greatest asset and time , your treasured luxury .
db orchid heights , located in mahalaxmi offers unhindered views of haji ali , the wellingdon sports club , the mahalaxmi race course and the eastern bay . both towers of 70 and 55 storeys each consist of 4 bhk flats with luxuries such as private , access - controlled elevators leading into your living room and a common 3 acre elevated podium garden with plenty of activities to keep you engaged . db orchid heights is strategically located near the central business districts of lower parel and bkc and also has popular educational institutions and entertainment hubs , such as nss hill spring international school , palladium and high street phoenix in close proximity ,
“db skypark” near international airport , andheri is being developed in through a joint venture on approx . 1 . 5 acres of land with 6 wings . the project site is at very strategic location and is well connected by way of metro , road network and railways . the construction work is going on as per approved plans .
during the year under review , the company namely horizontal realty & aviation private limited ( hrapl ) has become a 63 % subsidiary of nine paradise erectors private limited which is a 100 % subsidiary of the company . in other words , hrapl has become step down subsidiary of the company with effect from 2 nd january , 2017 .
why these companies i . e . nhpc , indiabulls power , reliance power , d b realty , emmbi polyarn , euro multivision etc . are looting to public at maximum rates if they have no value . is there anyone in india who can save the investors from these lutere ? can anyone can loot the public @ any rate ?
dahisar east has become a top most choice of property seekers of mumbai . the realty landscape of this locality has a good spread of housing units ranging from affordable units to high - rise apartments . the area has good transport facilities that establish swift connectivity with the entire city . also , dahisar east has renowned hospitals and medical care units .
the company trades at a market capitalisation of rs 2 , 711 crore and has current assets of rs 2 , 860 crore on a consolidated basis . even if its current liability of rs 1 , 317 crore and debt of rs 326 crore are deducted , the stock trades at a little over two times its liquid assets . and this value does not include the value of fixed assets of rs 446 crore , investments of rs 1 , 005 crore and capital work - in - progress of rs 43 crore . if these are included it adds up to rs 2 , 711 crore , which is equal to db realty’s current market value . this also suggests that the market is not factoring in the potential upside of its current land bank .
the ipo page of d b realty ltd . captures the details on its issue open date , issue close date , listing date , face value , price band , issue size , issue type , and listing date ' s open price , high price , low price , close price and volume . it also captures the holding period returns and annual returns .
they are jointly promoted by mr . vinod k . goenka and mr . shahid u . balwa , whose families have been in the real estate and allied businesses for more than 25 years and 95 years , respectively . db ' s significant shareholders also include il & fs ; trust company limited , iirf holdings vi limited , trinity capital ( eleven ) limited , bollywood mauritius holdings and walkinson investments limited .
d b realty ltd is a real estate development company that has been built on a strong reputation of excellence through quality . the company operates as a real estate development company . they focus on residential , commercial , retail , and other projects , such as mass housing and cluster redevelopment , in and around mumbai , india . the company ' s existing product portfolio ranges from upscale buildi . . . > more
pursuant to the applicable provisions of the companies act , 2013 , read with the iepf authority ( accounting , audit , transfer and refund ) rules , 2016 ( ' ' the rules ' ' ) , the application money of ' ' 6132 / - outstanding in the “refund account d b realty public issue” which remained unclaimed for seven consecutive years from the date of issue and due for refund was transferred to investor education and protection fund on march 4 , 2017 .
( h ) para 6 ( i ) ( note no . 57 ) of sfs and para 6 ( viii ) ( note no . 54 ) of the cfs : with regard to the provisional attachment upheld by the enforcement directorate ( ed ) , involving bank balance , two flats belonging to the company and loans given to a subsidiary company of marine drive hospitality & realty pvt . ltd . ( formerly d b hospitality private limited ) , these relates to the 2g case in which the managing directors of the company and two of its key management personnel have been charged with commission of offences based on the investigation by cbi . the adjudicating authority has taken over the bank balance of rs , 68 . 92 lakhs and has been given roccp shares of marine drive hospitality & realty pvt . ltd . , in the name of the company for rs , 73 . 67 crores . the attachment order is contested by the company in the appellate tribunal . the matter is sub - judice . the company is confident that the outcome of the cases will have no adverse impact on the company and its functioning .
( j ) para 6 ( k ) ( i ) and ( ii ) [ note nos . 48 ( a ) ( iii ) ( 1 ) and ( iii ) ( 2 ) ] of sfs and para 6 ( xii ) ( a ) and ( b ) [ note nos . 48 ( a ) ( i ) ( b ) and 48 ( a ) ( iii ) ] of cfs refers to disclosures in the audited financial statements of the firm dynamix realty regarding outstanding receivables which is good for recovery and the allegations in the 2g spectrum case which is sub - judice . these notes are self - explanatory .
the turf estate project in mumbai is awaiting certain approvals and is one of the largest projects of the company , which will offer substantial revenue potential in future . project site at bandra reclamation , in which your company has substantial stake through a wholly owned subsidiary company which is a parter in the firm , om metal corporation has been awaiting certain approvals for launching . further , project site at marine lines being executed through another company viz . marine drive hospitality & realty pvt . ltd . , ( mdhrpl ) in which your company has considerable economic interest has got its plans approved from competent statutory authority . mdhrpl is developing a residential tower and its wos developing a convention centre and hotel project at aerocity near new delhi international airport in tie up with a reputed partner .
( b ) para 6 ( b ) of sfs and para 6 ( ( iv ) of cfs ( note nos . 7 . 2 of sfs and 8 . 3 of cfs : the auditors have referred to certain investments made in the preference share capital of an entity for an amount of rs , 561 , 38 . 58 lacs . this relates to investments made by your company in the preference share capital of marine drive hospitality & realty pvt ltd in the forms of compulsorily convertible cumulative preference shares , redeemable , optionally convertible cumulative preference shares and cumulative redeemable convertible preference shares , which bear specified rates of dividend . this company is proposing to implement the project in real estate including commercial , and residential activities and hence this investment is considered as strategic and in the long term interests of your company .
select index bankex bse 100 bse 200 bse 500 bse auto bse bharat22 bse cap goods bse carbonex bse cons durable bse dollex 200 bse fmcg sector bse greenex bse healthcare bse ipo bse it sector bse metal bse mid - cap bse oil & gas ; bse power bse psu bse realty index bse sensex bse small - cap bse sme ipo bse tech mfg nft 100 lowvol30 nfty commodities nifty 100 nifty 100 liq 15 nifty 200 nifty 50 nifty 50 eq wght nifty 500 nifty alpha 50 nifty auto nifty bank nifty consumptin nifty cpse nifty div opp 50 nifty energy nifty financial nifty fmcg nifty grow sec15 nifty infra nifty it nifty media nifty metal nifty mid liq 15 nifty midcap 100 nifty midcap 50 nifty mnc nifty next 50 nifty pharma nifty pse nifty psu bank nifty pvt bank nifty quality 30 nifty realty nifty services nifty small 100 nifty100 eq weig nifty50 value 20 s & p ; bse 100 esg s & p ; bse 150 mid s & p ; bse 250 lar . s & p ; bse 250 sma . s & p ; bse 400 mid . s & p ; bse allcap s & p ; bse basicmat s & p ; bse cons . di s & p ; bse cpse s & p ; bse dividend s & p ; bse energy s & p ; bse enhanced s & p ; bse finance s & p ; bse indus . s & p ; bse infra . s & p ; bse largecap s & p ; bse low s & p ; bse momentum s & p ; bse quality s & p ; bse sen . n50 s & p ; bse sensex50 s & p ; bse telecom s & p ; bse utiliti . s & p ; midcapselect s & p ; small select
according to a senior executive of a large property consulting firm , the controversy surrounding the 2g scam casted a “big dent on the company’s image , ” in the minds of buyers and investors . he declined to be identified . “as the promoters were not around , decision making got prolonged and there was a complete vacuum for almost two years , ” this consultant said .
insisting that customer confidence in the company is intact , bansal stated that none of the company’s customers have cancelled bookings . “during this period , our customers have only enhanced their holdings in terms of value of their apartments . at a one - on - one level , we have very good equations with our customers , many of whom have invested in more than one of our projects , ” bansal said .
“there is a serious dearth of customers and developers who have recently launched projects already offering discounts and freebies to attract them , ” a senior executive with a second property consulting firm said , and added that real estate firms that don’t have a good track record may find it difficult to attract customers .
get live stock prices from bse and nse and latest nav , portfolio of mutual funds , calculate your tax by income tax calculator , know market’s top gainers , top losers & best equity funds . like us on facebook and follow us on twitter .
corporate social responsibility ( csr ) is not a new concept . there have been initiatives taken by various segments of society to create a growth oriented environment by extending support to various social causes under csr . while csr not only creates a positive image for the organisation it also play a vital role in improving the quality of life of the employees and the community at large .
with real estate being one of the major sectors with regards to employment , developers are realising that their commitment towards the society is wide - ranging and are therefore coming forward with various measures . these include by organising health camps , giving donations , forming trusts and giving a helping hand towards the needy .
pujit aggarwal , ceo and md , orbit corporation ltd , says , “as a first step towards csr we have the orbit socio foundation , a charitable organisation promoted by the group wherein one per cent profits are donated towards the foundation . our csr activities largely focus on the betterment of the city which involves educating the underprivileged , answering to the medical needs of the old age . we donate 500kg of food grains , oil and rice to ngos in the city every week . ”
feroz khan , who has won several international and national awards , says , “it is a privilege to be a part of such a terrific idea . having led the growth story of the city and benefited from it , the participation of the real estate industry in nourishing the cultural landscape of mumbai will help in making mumbai a more sensitive and deeply caring place in which to live . ”
“the ‘vision mumbai’ programme amongst other activities will extend support to ngos dealing with issues related to shelter , education , health , environment , women’s empowerment and children . the breadth of this involvement will bring a smile to the people of this extraordinary city . ”
along with society , concern for environment has also been a part of initiatives taken by the developers . “on an individual level we make sure that all our buildings are green compliant with systems like water harvesting , sewage treatment plants , solar panels , quadruple glazing to make the buildings more energy efficient along with landscape greenery to add to the aesthetic appeal of the area , ” says aggarwal .
csr is an important part of any organisation . it not only has a wide reach but also far reaching effects .
mr . khan has won several international and national awards for his film “gandhi my father” . his hindi play “tumhari amrita” is a path breaking piece in indian theatre . his recent work , a film on population control commissioned film by the union ministry of health , on world population day is making waves across rural india .
a pulitzer prize winning drama by donald marguilles , adapted and directed by feroz khan . the play is a benchmark of excellence and success . the show will be held on saturday , 22nd january , 2011 at tata theatre ncpa , 7 . 30 pm .


attraqt group plc is a u.k. based organisation that provides search and merchandising services to online businesses through a cloud-based software as a service ( saas ) .

it was founded in 2003 .

# in 2014 , attraqt became available for trading on the aim market of the london stock exchange , with an initial market capitalisation on admission of approximately £ 10.3 m , based on a price of 50 pence per ordinary share on admission .

in december 2015 the company raised a further £ 3m ( net ) to further its expansion plans .

attraqt

attraqt ' s ceo , luke mckeever , currently has an approval rating of 91 % . attraqt ' s primary competitors are
owler has collected 13 screenshots of attraqt ' s website since jun 2014 . the latest attraqt website design screenshot was captured in sep 2017 .
7 march 2017 attraqt group plc (
attraqt
, the
group
or the
company
) supplementary admission docu . . .
attraqt is a provider of online merchandising , on - site search and ecommerce personalization for businesses . attraqt ' s headquarters is in london , england . attraqt has a revenue of $ 18 . 3m , and 122 employees . attraqt has raised a total of $ 7 . 1m in funding . attraqt ' s main competitors are apptus , smart merchandiser and richrelevance . as of february 2017 , attraqt has 13 fans on facebook and 1 . 4k followers on twitter .
since attraqt was founded in 2003 , it has participated in 2 rounds of funding . in total attraqt has raised $ 7 . 1m . attraqt ' s last funding round was on nov 2015 for a total of $ 5 . 0m
attraqt currently has 1 , 380 followers on twitter . as of december 2015 attraqt had 1 , 103 followers . that ' s a 25 percent increase in 2 years
the attraqt platform excels because of its flexible functionalities and its user - friendly approach .
attraqt group plc – fundraise of £1 . 25 million and admission to aim
internet shopping outfit attraqt is shaping up for an aim float in the next three weeks .
attraqt was born . this was an exciting year for us as we also listed on aim .
attraqt is a provider of online merchandising , on - site search and ecommerce personalization for businesses . attraqt was founded in 2003 . attraqt ' s headquarters is located in london , england , gb ec1n 2sw . it has raised 7 . 1m in 2 rounds . the latest roun . . .
the directors of attraqt believe that apart from fredhopper and attraqt , no other competitor provides all three of the following technologies : site search ; visual merchandising ; and product recommendation in one integrated platform .
david joined attraqt in 2013 as cto . following attraqt ' s acquisition of fredhopper in 2017 , he became cio . his main responsibilities lie in cloud engineering and operations , change management and internal systems .
attraqt , the online merchandising software firm , has announced that andré brown has stepped down from . . .
attraqt provides onsite search , online merchandising and ecommerce personalization to ecommerce sites through products fredhopper and freestyle merchandising .
dan wagner - founded attraqt raises £1 . 25m in aim ipo - urltoken starting a business advice and business ideas
as independent companies , attraqt and fredhopper have each built strong reputations , delivering products that significantly improve conversion rates and increase sales for their 250 e - commerce retail customers , ” said nick habgood , chairman of attraqt .
richrelevance is attraqt ' s # 3 rival . richrelevance was founded in san francisco , california } in 2006 . richrelevance is in the application software industry . compared to attraqt , richrelevance generates $ 1 . 8m more revenue .
london & new york - - ( business wire ) - - locayta® re - brands as attraqt® . . .
the size of the acquisition means it counts as a reverse takeover under aim’s rules and , accordingly , trading in attraqt has been suspended . at the time the shares were suspended ( at 46 . 11p ) , attraqt was valued at £13mln .
attraqt ' s revenue is the third highest among it ' s top 10 competitors . the top 10 competitors average $ .
attraqt has employees and is the fourth highest among it ' s top 10 competitors . the top 10 competitors average 391 .
attraqt has hired luke mckeever as its new chief executive , ending a search for a new boss that start . . .
attraqt group plc ( aim : atqt ) , a leading provider of online merchandising , onsite search and ecommerc . . .
apptus is perceived as one of attraqt ' s biggest rivals . apptus ' s headquarters is in lund , other , and was founded in 2000 . apptus operates in the business support services industry . apptus generates 136 % of attraqt ' s revenue .
attraqt provides saas solutions that maximize onsite search , online merchandising and personalization for ecommerce retailers . with easy - to - use interfaces and effective technology , attraqt helps retailers make their online shop as attractive and successful as their brick - and - mortar stores .
attraqt group plc ( lon : atqt ) shares gained over 6 % on tuesday morning following news of the appointme . . .
smart merchandiser has been one of attraqt ' s top competitors . smart merchandiser is a private company that was founded in 2011 in woodland hills , california . smart merchandiser operates in the internet software industry . compared to attraqt , smart merchandiser has 118 more employees .
bernadine joined attraqt in 2008 , before the launch of the freestyle merchandising platform and was previously chief operating officer of the group . during her time at attraqt she has gathered experience with sales support , on - boarding , client support and product management and in 2017 bernadine moved in to the role of vp north america , based in chicago , to oversee attraqt ' s expansion in the us .
attraqt ' s vision is to be the ecommerce accelerator of choice for online retailers in the uk , europe , north america and anz .
the company was founded in 2003 as locayta limited and rebranded in early 2014 as attraqt to recognise the changing business needs and customer requirements .
merchandising functionalities are at the heart of attraqt products and have been optimized for visual impact across every device , including tablets , mobile and apps .
online visual merchandising specialist attraqt group plc ( lon : atqt ) has pulled off a real coup , acquiring asos account holder fredhopper for £25mln .
attraqt provides cloud - based and server - to - server saas tools that maximize onsite search , online merchandising and ecommerce personalization for ecommerce retailers .
luke joins attraqt from neighbourly . com , an award - winning community - focused saas platform , where he remains as non - executive director .
attraqt group plc ( lon : atqt ) has confirmed that its new chief executive ( ceo ) , luke mckeever , has tod . . .
attraqt group plc ( lon : atqt ) said its strategy remains the same after a
milestone year
: to become t . . .
attraqt also released its results for 2016 , in which it said revenue grew 22 % to £3 . 6mln from £2 . 9mln the year before .
( 4 - traders . com ) rns number : 1996l attraqt group plc 17 april 2018 tr - 1 : standard form for notificati . . .
shares in aim - listed software company attraqt lost a quarter of their value on friday after its new cfo discovered
inaccuracies
on its books . attraqt said that eric dodd , who became cfo at the start of september , found
inaccuracies in forecasting the timing of certain contracts and client
go - …
attraqt group plc provides cloud - based and server - to - server saas solutions that maximize onsite search , online merchandising and ecommerce personalization for ecommerce retailers . with easy - to - use interfaces and effective technology , attraqt helps retailers make their online shop as attractive and successful as their brick - and - mortar stores .
eric dodd has extensive experience as a public company cfo and joined attraqt from ipto supply chain systems uk limited , a private equity backed software and services business .
“our scalable business model , impressive client list , experienced management team and innovative technology offering means we have confidence in the future success of attraqt as a plc . ”
attraqt has 1 . 42k number of twitter followers . the number of followers has decrease 0 . 4 % month over month and decrease 0 . 4 % quarter over quarter
operating from a single dashboard on a saas platform and with a flexible pricing model , attraqt is equally accessible to both international retailers or ambitious niche brands who want to expand .
it was founded in 2003 by chief executive andré brown and technology investor dan wagner . he and deputy chairman ivor dunbar put in £1 . 25million ahead of attraqt’s admission to aim .
attraqt , the cloud - based e - commerce platform founded by serial tech entrepreneur dan wagner , has raised £1 . 25m in a partial flotation on the alternative investment market ( aim ) .
attraqt group plc specialises in onsite search , online merchandising and ecommerce personalisation with two product offerings : freestyle merchandising and fredhopper . the group ' s customer base is made up of over 230 client logos ranging from smes to global , blue - chip businesses . attraqt has a strong base in the uk and western europe , with a presence in north america , eastern europe and anz .
peter joined fredhopper in 2016 as cto . following attraqt ' s acquisition of fredhopper in march 2017 peter became cto of the combined group , where his main responsibilities include product development and client delivery services .
the acquisition will be financed by a firm placing and open offer of attraqt shares at 35p a pop , raising £28 . 5mln . the open offer part of the fund - raising will raise around £1mln .
freestyle merchandising is platform agnostic and works with most ecommerce platforms including episerver , hybris , magento and venda . attraqt partners with a number of key partners in the ecommerce space including bronto , dotmailer and monetate .
“we have a strong portfolio of clients and believe that by joining aim , we will have an increased profile with future customers and better access to funds , allowing us to further develop attraqt both domestically and internationally .
attraqt’s aim listing , which has a market cap of around £10 . 3m , will be used to fund increased sales and marketing activity in the us , expand its sales team , and fund working capital and product development .
more than 200 top retailers are using attraqt technology . as ecommerce continues to evolve , we ' ll be innovating and introducing disruptive new technologies to drive online sales , increase conversion and enhance the shopping experience for retail customers .
attraqt co - founder dan wagner is a serial tech entrepreneur and one of the uk’s original dotcom millionaires , widely known for listing his business dialog during the dotcom boom and seeing shares plummet by 95 % in the subsequent crash .
attraqt is a software platform that serves to empower ecommerce . as part of this goal , we collaborate with other well - known brands within the ecommerce space to make industry - standard tools and systems work at their absolute best .
we have officially integrated with a range of ecommerce partners such as ibm , magento and salesforce to incorporate our services into their market - leading systems , making it easy for retailers to manage attraqt functions and services within these comprehensive and popular platforms .
so , if a celebrity is seen wearing a particular dress on tv , something similar can be displayed on the front page of the retailer’s website . customers normally show a 5 - 30 per cent increase in sales once attraqt’s software has been implemented .
in early 2016 , john joined fredhopper as managing director . his major focus was building the marketing & sales presence and actively supporting the fredhopper sales process . following attraqt ' s acquisition of fredhopper in march 2017 john became cco of the combined group .
founded in 2002 as locayta by dan wagner and andre brown , attraqt provides a software - as - a - service ( saas ) platform for e - commerce retailers , which it claims is the most advanced behavioural and search - driven merchandising technology available .
you can start to see the benefits of attraqt as soon as you sign up ! attraqt is easily integrated with all existing ecommerce platforms and couldn ' t be simpler to implement . whether you are looking for java script , server - side api or extensions to magento or other retail platforms – we can accommodate a full range of options to suit your business model . we will provide complete support to install the system on your pre - existing ecommerce management suite and will guide you in customizing its features and functionality .
attraqt group plc acquired fredhopper , a company that has achieved impressive growth since 2000 by investing early in the untapped potential of onsite search . an integral part of our solution portfolio , combining unique search , merchandising and personalization technologies with an innovative , enterprise level interface .
the top 10 competitors in attraqt ' s competitive set are apptus , smart merchandiser , richrelevance , nosto , monetate , certona , baynote , fact - finder , sdl and 3pl . together they have raised over 317 . 6m between their estimated 4 . 2k employees .
understanding your customers ' search behavior is key to executing your strategy . attraqt has been an onsite search leader for more than 15 years . we offer retail customers fail - proof ecommerce site search , including real - time feedback as they type . we speak your customers ' language , and help you speak it , too . in fact , we ' re the only company that allows your customers to search in more than 40 languages . with attraqt , you ' ll optimize your onsite search and keep your customers coming back again and again .
attraqt ' s business consulting team comprises thought leaders in online merchandising , onsite search , and ecommerce personalization . our consultants work alongside you and your team to provide a holistic view of your ecommerce activity , while also working to develop advanced strategies that will help you deliver the results that your business demands .
andre brown , chief executive and co - founder of attraqt , said in a statement : “we are seeing growing demand for our merchandising technology from some of the major players in retail , seeking to significantly increase their online revenues , improve conversion rates and customer retention , and increase the average value of orders .
our objective is to deliver strong profitable growth by becoming the clear global leader in online visual merchandising . with an exit rate of £3 . 9mln , good growth in recurring revenue and a strong sales pipeline for h1 2017 , we are confident in the continued success of attraqt for 2017 and the foreseeable future ,
he added .
attraqt group plc ( formally known as locayta ) was originally founded in 2003 , with the ambition to provide the best possible site search service for online retailers . this search functionality was the group ' s initial focus , with its technology optimised for ecommerce product searches . early customers included nectar and bt directories , as well as an oem licence agreement with ecommerce platform provider venda…
when you add that extra touch , your customers notice and respond . through extras such as personalized adjustments and personalized product recommendations , you can take up - sell and cross - sell to completely new levels . but as you step into the world of ecommerce personalization , it ' s important to choose a website personalization strategy that ' s right for your business . with attraqt’s intuitive approach , this is made simple .
i ' m pleased to report another year of good progress with the group continuing to grow both its revenues and client base in the uk and north america , whilst at the same time increasing gross margin . we have signed 42 new deals in the period , including several large global retailers and have delivered a 22 % increase in revenue for the year , ” said andre brown , chief executive officer of attraqt .
attraqt provides ecommerce retailers with an all - encompassing software solution to radically empower onsite search , merchandising and personalization capabilities . with human - guided automation and easy - to - use interfaces , our core product helps retailers make their online shop as attractive and successful as their brick - and - mortar stores . extending retail platform functions and putting the power and control back in the hands of merchandising teams is central to what we do .
attraqt group plc is a u . k . based organisation that provides search and merchandising services to online businesses through a cloud - based software as a service ( saas ) . it was founded in 2003 to facilitate sales growth for online retailers by focusing on conversion rates and the use of traditional creative merchandising techniques in the online environment . the company ' s saas platform , freestyle merchandising , gives retailers control over how products are merchandised on their e - commerce sites .
attraqt provides a visual merchandising platform called freestyle merchandisingtm . freestyle merchandising plugs - in to any ecommerce site and takes over the delivery of site search , category pages and product recommendation zones to enable retailers to merchandise more effectively through their own ecommerce sites . the organisation provides services to boohoo and superdry , as well as other large ecommerce merchants , such as bbc shop , cotton traders , ellis brigham , emma bridgewater , fat face , jojo maman bebé , joseph , kate spade , laura ashley , lk bennett , lulu guinness , matches fashion , moss bros , oka direct , paperchase , screwfix , tesco clothing f & f , tk maxx , tumi , vf corp ( timberland , the north face & vans , ) white stuff , wilko and many more .
it will have a market value of about £10million and is being advised by n + 1 singer .
the company’s software gives internet retailers control over how their products are displayed on a website .
the firm’s “freestyle merchandising” platform is used by retailers such as tesco clothing , boohoo and superdry . surfwearinspired fashion chain fat face also recently became a client .
the software enables online stores to show what they want to show at the right time , helping them to react quickly to current fashion trends .
the company’s revenues grew by 26 per cent to £1 . 58million last year .
brown said : “our freestyle merchandising platform allows retailers to control how their products are merchandised online , thereby providing an immediate commercial gain and return on investment .
“we believe that by joining aim , we will have an increased profile with future customers and better access to funds , allowing us to further develop the company domestically and internationally .
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the company saw shares rise to an early premium of 53 . 3p on its first day of trading at aim , an increase of 7 % on the 50p - a - share float price .
since launch it has amassed a list of high - profile e - commerce retailers as clients , including tesco , boohoo . com , superdry , laura ashley , screwfix and t . k . maxx .
since then he has founded a number of successful businesses , including e - commerce start - up powa technologies , which last year secured a record - breaking $ 76m series a funding from a group of american tech investors . wagner shared his experience of serial tech entrepreneurship in an interview with startups earlier this year .
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brick - and - mortar shops use visual merchandising to catch shoppers ' eyes and encourage them to buy . with online merchandising , you can create a digital aisle as attractive and enticing as your in - store shelf . use visually appealing pages to draw your customers in and offer them attractive product alternatives that they ' ll love to purchase .
explore our top tips on how to optimise the onsite search experience . we review a range of key factors to think of , from precision and recall to personalized search results . read on
we are impressed with the performance and results , and that gives us peace of mind , especially at peak trading times .
we saw results immediately , within 10 days the gift finder tool had paid for itself , and also received wide recognition from both customers and our extended business .
our story closely follows the development of the three technology pillars that underpin our ecommerce solutions - the evolution of onsite search , online merchandising and ecommerce personalization . the journey begins with a light - bulb vision which has led us to where we are today .
our founders realized that the right onsite search technology was central to helping customers truly embrace online shopping , and so launched a new solution for the market . that technology was known as locayta , and it remains integral to our solutions today .
with online shopping well established , customers began to demand uniqueness and value from their shopping experiences . retailers were trying to replicate traditional merchandising techniques in an online environment , and also trying to encourage customers to respond as instinctively to special offers online as they did in stores . and so , we turned our attention to these key areas where online retailing was failing to keep pace with the high street .
we launched freestyle merchandising , a sophisticated cloud - based saas solution that today powers onsite search , online merchandising and ecommerce personalization for many of the world ' s leading brands .
complete the contact form below to make an enquiry about any of our products and services . we look forward to receiving your message !
please tell us about your current site , current solution and site statistics - sessions / visits , languages and number of skus , plus anything else you think may help us understand your requirements .
more than 180 top retailers are using attaqt group plc technology . as ecommerce evolver , the group continues to innovate and introduce disruptive new technologies to drive online sales , increase conversion and enhance the shopping experience for online retail customers .
we also work with technology , analytics and integration partners to ensure that our own products are supported by best - in - class capabilities . discover more details about these exciting partnerships by visiting our partner websites or exploring our news and resources page .
if your business covers a specialist function in online retailing , then there ' s an opportunity to join us as an official partner . you ' d join a prestigious network of leading names from online retail technology . in addition to promoting your service on our websites and to our own clients , we can provide an added value service to your retail offering . our technology can enhance the functionality of any retail platform and is proven to boost online sales which can give you an edge in many new business pitches .
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oracle commerce cloud is the saas offering from the leaders and experts in commerce , empowering businesses to grow by focusing on brand differentiation and the customer experience .
salesforce commerce cloud empowers brands to engage with customers in entirely new ways , including online , on - the - go and with empowered associates in brick - and - mortar stores .
we focus on rapid transformation and agility across all channels , getting you close to your customers and delivering a consistently great experience at every touch point .
shopify plus is the leading cloud - based enterprise ecommerce saas platform that allows merchants to evolve without costly infrastructure .
customers realize superior roi from venda ' s comprehensive web , mobile and social commerce suite , international commerce expertise , end - to - end fulfilment capability and transparent pricing .
dotmailer is a marketing automation platform , supported by world - class strategic and support services .
advanced retail analytics powered by hundreds of proprietary algorithms to prescribe & prioritize profit driving action .
monetate is the global leader in providing multi - channel personalization to the worlds best brands . built for speed , the monetate platforms easy - to - use interface allows marketers to create , test and deploy an unlimited number of personalized digital experiences with limited need for it or consulting resources .
poq is a saas platform that empowers retailers to create highly effective & fully customized native apps in record time .
ampersand helps established high street retailers create better ecommerce experiences , architect flexible systems , and build websites that drive sales across channels .
as magento gold solution partners , space 48 specialise in the acquisition and retention of customers through professionally designed , developed and supported ecommerce solutions .
we create expressive ecommerce . born & bred in nyc . passion over profit . make lemonade .
the ways that we do this revolve around 4 central service pillars which work together in a seamless fashion to deliver real results for retailers . our online merchandising tools puts merchandisers in the creative driving seat while empowering their ability to deliver impressive sales and conversions with ease . our onsite search and navigation functions strengthen these results by giving website customers the tools they need to find products easily and quickly online . as part of this approach , we deliver a range of devices that enable retailers to serve up personalized product recommendations in real time to a variety of different customer target groups . this gives brands the ability to increase customer loyalty by satisfying customer demand through innovative and relevant ways .
these key capabilities are packaged up neatly into 2 centralized ' plug and play ' solutions that brands can easily integrate into their pre - existing ecommerce infrastructures . the first of these solutions is called fredhopper and the second is called freestyle merchandising . click on the relevant links to find out more about the full functionalities of these packages .
our business consulting service underpins all of these activities with expert advice to enable retailers to achieve the best possible results in the most efficient ways .
together , these core services work as a complete package to give retailers the ability to revolutionise top - line results . the platform can generate step - change improvements in key business performance metrics , while simplifying workflow processes for those who need to deliver . the impact is accelerated performance across a range of key kpis :
fredhopper , a division of sdl plc ( lon : sdl ) , is a cloud - based provider of onsite search , navigation , recommendation and visual merchandising solutions through a global software - as - a - service ( saas ) platform .
the proceeds from the share issue will not only fund the acquisition but will finance the integration of the two businesses , investment in sales and marketing , customer support and product development .
fredhopper has a large recurring revenue base that accounted for 90 % of total revenues in fiscal 2016 .
it has a considerable number of long - standing key customer relationships , the best known of which is probably online clothing operator asos .
“bringing the two businesses together will allow us to accelerate investment in sales and marketing , customer support and in on - going product development . increasing our presence in the important north america market is a particular focus . our objective is to deliver strong profitable growth whilst becoming a global technology partner of choice to leading online retailers ,
habgood said .
recurring revenue increased 22 % to £3 . 2mln from £2 . 7mln in 2015 .
adjusted underlying losses ( lbitda ) in 2016 were in line with expectations at £1 . l6mln , reflecting the accelerated investment in the business .
loss before tax widened to £1 . l9mln from £700 , 000 the year before .
the company ended the year with £1 . 2mln , down from £3 . 0mln the year before .
the timing and ability of the group to realise its investments in partner companies is subject to inherent uncertainty due to numerous factors . the company is looking to change its business model a bit to become a financial supporter of companies looking to float or execute a trade sale
most video games are developed in english , but sales are global and that has created a business in translating games into local languages and cultures .
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of the london stock exchange , with an initial market capitalisation on admission of approximately £10 . 3m ,
based on a price of 50 pence per ordinary share on admission . in december 2015 the company raised a further £3m ( net ) to further its expansion plans .
the company went public on london ' s junior stock market with a goal of raising £1 . 3m on aim with a valuation of £10 . 4m in order to fund expansion throughout europe and america .
on opening day of trading . in december 2014 , the company launched a new product called attraqtmail , which enables retailers to merchandise emails in real - time using the company’s visual merchandising platform – freestyle merchandising .
on 9 september 2015 , the company announced its interim financial results for the 6 - months ending june 2015 .
including a 43 % growth in recurring revenue and an increase in gross margin to 85 % . the company also announced the signing of a new contract with tumi in the us .
including taking a key role in the introduction of adobe acrobat to the uk as well as providing insight into the current and future status of the e - commerce markets for susan aldrich .
this article is issued from wikipedia - version of the 11 / 7 / 2016 . the text is available under the creative commons attribution / share alike but additional terms may apply for the media files .
luke has a wealth of experience growing successful international technology businesses . he served as ceo for three years at ob10 , the saas global trading network acquired by tungsten corporation plc in 2013 , and was ceo of portrait software , an aim - listed customer marketing company where he drove double - digit growth before the business was acquired by pitney bowes in 2010 .
he has also worked in senior commercial , corporate development and advisory positions for a host of influential software companies in the uk , europe and the us , including experian and alterian , as well as metia group , a multi - national digital marketing agency .
previously he was cfo at kbc advanced technology plc , a technology services business to the oil industry , until its successful sale to yogogawa electric corporation in april 2016 .
eric qualified as a chartered accountant with deloitte , has an mba from london business school and a beng from loughborough university .
john ' s career includes more than 18 years ' experience in the european ecommerce and digital marketing industry . prior to joining fredhopper , john successfully established and managed various pan - european and regional sales organizations at companies such as lntershop , scene 7 , adobe , jive and sdl .
bernadine has worked to design , deliver and support technology solutions for the past 14 years since getting her bsc degree with majors in computer science and computational applied mathematics .
peter has more than 30 years ' experience in the software technology sector , including over a decade delivering scalable online software and services .
peter has a wealth of experience in business across public and private companies . previously he was cto of the cloud division for iris software and director of development at betfair across uk , romania and portugal .
david , has more than 25 years ' experience in the software sector , including almost 10 years within ecommerce software .
david ' s extensive business experience includes having founded several of his own companies , including m486 ltd and cogenta ltd , as well as holding senior roles within established public companies .
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7 : 00 am : ( atqt ) board changes & trading update . . .
sdl plc disposal of fredhopper 30 january 2017 , maidenhead , u . k . - sdl plc (
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