The group specializes in surface modeling, data translators, acis and parasolid geometry. 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. Godrej may sell geometric to hcl technologies, it news, et cio. Parpia will take over the position from ravishankar g. Geometrics revenue is the ranked 8th among its top 10 competitors. I have been working at geometric software solutions fulltime for more than 3 years. Corporatenews carlyle, apax, temasek in race for kpit tech deal. Geometric limited company information, financial reports. Geometric competitors, revenue and employees owler company. Aug 25, 2003 geometric softwarefrom the godrej stableshowed more than industry average growth both in revenues and profit. Geometric ltd company profile and news bloomberg markets.
Our customers will have access to a wide range of engineering services which complement geometrics offerings. 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. Parpia says that though most of employees of geometric will be absorbed by hcl. Geometric extends edrawings software to support all major cad. Geometrics principal shareholder, the godrej family, and ceo manu parpia together own about 38% stake. Hcl technologies to acquire geometric ltd mfg tech update. The company provides software development and engineering services. In an interview with shivani shinde nadhe, he talks about why this deal is fair, how it benefits both the employees and shareholders and.
Will we see financials getting integrated with hcl tech from the next quarter. View parpia manus profile on linkedin, the worlds largest professional community. Hcl technologies to acquire geometric business standard. Expect modest ebitda improvements from current levels in q4. Apr 02, 2016 geometrics principal shareholder, the godrej family, and ceo manu parpia together own about 38% stake. Geometric share price, geometric stock price, geometric ltd. Geometric softwarefrom the godrej stableshowed more than industry average growth both in revenues and profit. Manu parpia, managing director, geometric, will, in addition to his current role, steer 3d plm software ltd. Hcl tech buys geometric for rs 1,283 crore times of india. 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. Shashank patkar is new cfo of geometric mfg tech update.
Software publishing, consultancy and supply software publishing includes production, supply and documentation of readymade noncustomized software. Yes, i believe the financials will be integrated with hcl from next quarter. Geometric appoints manu parpia as md, ceo the hindu. Gssl marked the completion of 10 years with celebrations in mumbai and pune that took everyone back to geometric school. Manu parpia has been reappointed as managing director and ceo of the company with effect from april 8, 2015, and approval of the members of the company has been taken at the annual general. Geometric share price, geometric stock price, geometric. Apr 02, 2016 manu parpia, ceo and md of geometric ltd. Software services company geometric ltd has appointed manu parpia as the managing director and ceo of the company. Parpia is also member of the indus entrepreneurs mumbai and. In consideration of this acquisition, hcl will issue 10 equity.
Geometric launches payperuse online nesting software. The focus areas remained the us and europe, which contributed 95% of revenues. See the complete profile on linkedin and discover manus connections and jobs at similar companies. Manu parpia, managing director, gssl, hands over the prize to the best dressed couple, sriram karpur, software engineer with gssl, and his wife, swati. Geometric limited supplies software and services to the mechanical design and manufacturing markets. Hcl is expected to acquire 38% stake held by geometrics principal share holders godrej family and ceo manu parpia giving them control of the mumbai headquartered company, people directly. Parpia manu general manager hcl technologies linkedin. Manu parpia non executive director at alchemy capital. Hcl deal is a winwin situation for both shareholders and. Parpia is also member of the indus entrepreneurs mumbai and on the board of 12 other companies.
View manu parpia s profile on linkedin, the worlds largest professional community. Geometrics principal shareholders the godrej family and ceo manu parpia have mandated jm financial to sell their 39% stake in. Manu mahmud parpia is the founder, managing director, and chief executive officer ceo of geometric limited. Manu has over 30 years of experience in the industry, with over 21 years in the plm and engineering arena. 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. Cbi director p c sharma said that the managing director of geometric software solutions, manu parpia, registered. See the complete profile on linkedin and discover parpias connections and jobs at similar companies. Directors of geometric limited are richard riff, manu mahmud parpia, marc joseph luc dulude, milind shripad sarwate, kyamas ardeshir palia, jamshyd naoroji godrej, anita ramachandran. Manu parpia, geometric ltd hope to close various bids by next quarter. See the complete profile on linkedin and discover manu s connections and jobs at similar companies.
The idea is to given them flexibility and ownership, and freedom to make their own decisions, said geometric managing director and chief executive officer, manu. Geometric competitors, revenue and employees owler. View manu parpias profile on linkedin, the worlds largest professional community. Mar 12, 2018 the idea is to given them flexibility and ownership, and freedom to make their own decisions, said geometric managing director and chief executive officer, manu parpia. Geometric technologies is pleased to announce the transfer of its business to hcl technologies ltd hcl tech. Hcl technologies signs definitive agreement to acquire the. Geometric will be merged into 3dplm, thereby giving 100 per cent ownership of the latter to dassault systemes 3ds. The association of mechanical engineers newslettersoftware. Apr 01, 2016 manu parpia, ceo and md of geometric ltd. For manu parpia, founder and ceo of the company, the journey of over three decades comes to an end with the company getting acquired. Manu parpia mumbai area, india professional profile. 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.
It was incorporated on 25 march, 1994 and is located in, maharashtra. Also an advisory board member of alchemy capital management and a charter member of the indus entrepreneurs tie. Geometric has 4,807 employees and is ranked 7th among its top 10 competitors. Geometric extends edrawings software to support all major. Quick heal technologies appoints manu parpia to board of directors. Manu mahmud parpia is chairman at 3d plm software solutions ltd.