Will we see financials getting integrated with hcl tech from the next quarter. Yes, i believe the financials will be integrated with hcl from next quarter. The deal excludes the 58% geometric owns in the joint venture, 3dplm software solutions, with dassault systemes. View manu parpias professional profile on linkedin. It was incorporated on 25 march, 1994 and is located in, maharashtra. Geometric limiteds operating revenues range is inr 100 cr 500 cr for the financial year ending on 31 march, 2016. Manu parpia mahmud is registered with ministry of corporate affairs mca. Manu parpia mahmud director information and companies. Geometrics principal shareholders the godrej family and ceo manu parpia have mandated jm financial to sell their 39% stake in. See the complete profile on linkedin and discover manu s connections and jobs at similar companies.
Unit no 703a, reliable tech par bwing, airoli navi mumbai mumbai 410708 p. The association of mechanical engineers newslettersoftware india pvt. Manu parpia business profile alchemy capital management. Hcl technologies signs definitive agreement to acquire the. I have been working at geometric software solutions fulltime for more than 3. Geometric offers engineering technologies, product lifecycle management, embedded systems and digital technology solutions. Noida, india, april 01, 2016 hcl technologies limited hcl, a leading global it services provider, today announced an agreement to acquire through demerger all of the business of geometric limited, except for the 58% stake that geometric owns in the joint venture 3dplm software solutions ltd. Parpia is also member of the indus entrepreneurs mumbai and on the board of 12 other companies. Manu parpia to board of directors thursday, may 10, 2018 pune, may 10, 2018. Hcl deal is a winwin situation for both shareholders and.
Geometric limited company, directors and contact details. Geometric software solutions and dassault systemes create. Manu mahmud parpia is registered with the ministry of corporate affairs with a din director identification number of 00118333, and is currently associated with 8 companies. Hcl technologies is set to acquire through demerger all of the business of geometric limited, except for the 58% stake that geometric owns in the joint venture 3dplm software solutions ltd.
Manu parpia as additional director independent director with effect from may 10, 2018. The companys segments include products, software services and engineering services. Practice head knowledge based engineering at geometric ltd. Apr 02, 2016 geometrics employees will have the opportunity for growth as they can serve hcl techs large customer base, geometric ceo and md manu parpia said. Geometrics expertise in the plm space together with its knowledge of catia, enovia, delmia, and smarteam make it the ideal partner for implementing. Aug 25, 2003 geometric softwarefrom the godrej stableshowed more than industry average growth both in revenues and profit.
Geometric limited company information, financial reports. Manu parpia mumbai area, india professional profile linkedin. Geometric, a leader in product lifecycle managementplm, global engineering services, and offshore product developmentopd solutions and technologies and dassault systemes nasdaq. At the same time, its book networth has increased by 22. Geometrics headquarters is located in navi mumbai, maharashtra, in 400708. Geometric design and technology meadville pennsylvania. The focus areas remained the us and europe, which contributed 95% of revenues.
Geometric limited supplies software and services to the mechanical design and manufacturing markets. Geometric s principal shareholder, the godrej family, and ceo manu parpia together own about 38% stake. Geometric extends edrawings software to support all major. Hcl will issue 10 shares of rs 2 each to geometric shareholders for every 43 equity shares of geometric of rs 2 each held by them. Director reports, company results of geometric ndtv. Hcl technologies to acquire geometric business standard. Also an advisory board member of alchemy capital management and a charter member of the indus entrepreneurs tie. Geometric competitors, revenue and employees owler.
Manu parpia chairman 3dplm software solutions limited 3dplm, established in 2002 is joint venture between geometric ltd. Manu mahmud parpia is the founder, managing director, and chief executive officer ceo of geometric limited. Geometric solutions, your siemens digital industries software partner. Geometric software solutions managing director manu parpia says, with this partnership, geometric strengthens its position of a valuable contributor to the dassault systemes ecosystem. Manu parpia, managing director, gssl, hands over the prize to the best dressed couple, sriram karpur, software engineer with gssl, and his wife, swati.
Manu parpia non executive director at alchemy capital. In an interview with shivani shinde nadhe, he talks about why this deal is fair, how it benefits both the employees and shareholders and. He expects geometric s standalone business to grow in high singledigits in. The founder chairman of geometric software, post the companys takeover by hcl technologies, is paring his stake in the business that he founded in 1984. Geometric has been assessed at maturity level 3 for cmmi 1. The group specializes in surface modeling, data translators, acis and parasolid geometry. Geometric softwarefrom the godrej stableshowed more than industry average growth both in revenues and profit. Parpias appointment is subject to shareholders approval at the ensuing annual general meeting. For manu parpia, founder and ceo of the company, the journey of over three decades comes to an end with the company getting acquired. Geometric will be merged into 3dplm, thereby giving 100 per cent ownership of the latter to dassault systemes 3ds. Apr 02, 2016 geometrics principal shareholder, the godrej family, and ceo manu parpia together own about 38% stake.
Geometric ltd company profile and news bloomberg markets. He expects geometrics standalone business to grow in high singledigits in. Geometric, a leader in product lifecycle management plm, global engineering services and outsourced software product development ospd solutions and technologies, said its german subsidiary, geometric europe gmbh has acquired 100% stake in 3cap technologies gmbh 3cap, a specialist in electronics engineering, primarily for the automotive industry. May 11, 2015 geometric has been assessed at maturity level 3 for cmmi 1. Geometrics principal shareholder, the godrej family, and ceo manu parpia together own about 38% stake. Post the takeover announcement in april 2016, the share price of geometric has gained 34% till date. Geometric competitors, revenue and employees owler company. In consideration of this acquisition, hcl will issue 10 equity. Geometric has delivered value to dassault systemes, while at the same time, its shareholders benefited from a steady growth in earnings from this unique relationship.
It is classified as nongovt company and is registered at registrar of companies, mumbai. Geometric s headquarters is located in navi mumbai, maharashtra, in 400708. Geometric share price, geometric stock price, geometric. The company provides software development and engineering services. Geometric limited operates in the domain of engineering solutions, services and technologies. Quick heal technologies limited quick heal, the leading provider of it security products and solutions, today announced the appointment of mr. He has played many key roles in the organization, including that of cfo from 2003 to 2007, and ceo of its joint venture company 3dplm software solutions from 2007 to 2011. Shashank patkar is new cfo of geometric mfg tech update.
Manu has over 30 years of experience in the industry, with over 21 years in the plm and engineering arena. Geometric limited is a public incorporated on 25 march 1994. Hcl tech buys geometric for rs 1,283 crore times of india. Jan 29, 2015 he has played many key roles in the organization, including that of cfo from 2003 to 2007, and ceo of its joint venture company 3dplm software solutions from 2007 to 2011. Parpia is also member of the indus entrepreneurs and on the board of 12 other companies. Geometrics employees will have the opportunity for growth as they can serve hcl techs large customer base, geometric ceo and md manu parpia. Hcl technologies to acquire business of geometric ltd the.
Manu parpia, managing director, geometric, will, in addition to his current role, steer 3d plm software ltd. The association of mechanical engineers newslettersoftware. In consideration of this acquisition, hcl will issue 10 equity shares of rs. Hcl technologies to acquire business of geometric ltd. Parpia says that though most of employees of geometric will be absorbed by hcl, they dont need a ceo so he will move on post the. Hcl technologies to acquire geometric ltd mfg tech update. Geometric solutions is an award winning siemens product lifecycle management plm software partner. View manu parpias profile on linkedin, the worlds largest professional community. Geometric share price, geometric stock price, geometric ltd. Manu parpia as additional director independent director with effect from may. Manu parpia, the ceo and md of geometric, pitched the deal as beneficial. Gssl marked the completion of 10 years with celebrations in mumbai and pune that took everyone back to geometric school. View manu parpia s profile on linkedin, the worlds largest professional community. Manu mahmud parpia director information and associated.