Latest news with #BlueCloudSoftechSolutions
Business Standard
29-05-2025
- Business
- Business Standard
Blue Cloud Softech Solutions consolidated net profit rises 51.98% in the March 2025 quarter
Sales decline 13.83% to Rs 183.62 crore Net profit of Blue Cloud Softech Solutions rose 51.98% to Rs 13.04 crore in the quarter ended March 2025 as against Rs 8.58 crore during the previous quarter ended March 2024. Sales declined 13.83% to Rs 183.62 crore in the quarter ended March 2025 as against Rs 213.09 crore during the previous quarter ended March 2024. For the full year,net profit rose 175.31% to Rs 44.27 crore in the year ended March 2025 as against Rs 16.08 crore during the previous year ended March 2024. Sales rose 58.68% to Rs 796.86 crore in the year ended March 2025 as against Rs 502.19 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 183.62213.09 -14 796.86502.19 59 OPM % 9.346.42 - 8.815.30 - PBDT 16.8211.22 50 63.5121.83 191 PBT 15.7111.15 41 59.1321.76 172 NP 13.048.58 52 44.2716.08 175
Mint
25-05-2025
- Business
- Mint
Small-cap stock under ₹50 in focus after fundraise move via foreign currency bonds
Small-cap stock Blue Cloud Softech Solutions will be on focus on Monday's session following a fundraise move through foreign currency bonds by the board. Blue Cloud Softech Solutions Limited board of directors has green-lit several important strategic initiatives, which are now subject to approval by shareholders at an upcoming extraordinary general meeting. The board has approved a strategy to raise as much as USD 50 million through the issuance of Foreign Currency Convertible Bonds, pending both regulatory and shareholder clearance. One key resolution entails raising the company's Authorised Share Capital from ₹ 63,00,00,000 to ₹ 80,00,00,000, structured into 80,00,00,000 equity shares at Re 1 each. This increase in capital is intended to support the company's growth ambitions. In addition, the board has also given the go-ahead for an investment limit of up to ₹ 1,300 crore for investments in both domestic and international entities. This limit, surpassing the requirements outlined in Section 186 of the Companies Act, 2013, was unanimously approved to enable significant future investments. Moreover, the board has unanimously agreed to a Preferential Allotment of 32,00,00,000 equity shares in a share swap arrangement to acquire AIS Anywhere. This tactical acquisition, worth ₹ 752.32 crore, will result in Blue Cloud Softech Solutions distributing 5 shares for every share of AIS Anywhere, effectively converting AIS Anywhere into a fully-owned subsidiary. The takeover of AIS Anywhere, a worldwide technology solutions company located in New Jersey specializing in AI, data analytics, cybersecurity, IoT, and enterprise solutions, is anticipated to significantly strengthen Blue Cloud's foothold in the US market. Blue Cloud Softech Solutions, based in Hyderabad, Telangana, is a leading provider of AIoT-based solutions focused on AI-enhanced healthcare and technology products. With a strong dedication to innovation, BCSSL enables both businesses and communities by offering state-of-the-art, homegrown technology solutions that facilitate significant transformation. Since April 6, 2016, Blue Cloud Softech Solutions has executed a split of its face value two times. The most recent split occurred in 2025, reducing the face value of its shares from ₹ 2 to Re 1. According to the share started trading on an ex-split basis from January 20, 2025. On Friday, Blue Cloud Softech Solutions share price ended 2% higher at ₹ 20.09 apiece on the BSE.
Mint
25-05-2025
- Business
- Mint
Small-cap stock under ₹50 in focus after fundraise move via foreign currency bonds
Small-cap stock Blue Cloud Softech Solutions will be on focus on Monday's session following a fundraise move through foreign currency bonds by the board. Blue Cloud Softech Solutions Limited board of directors has green-lit several important strategic initiatives, which are now subject to approval by shareholders at an upcoming extraordinary general meeting. The board has approved a strategy to raise as much as USD 50 million through the issuance of Foreign Currency Convertible Bonds, pending both regulatory and shareholder clearance. One key resolution entails raising the company's Authorised Share Capital from ₹ 63,00,00,000 to ₹ 80,00,00,000, structured into 80,00,00,000 equity shares at Re 1 each. This increase in capital is intended to support the company's growth ambitions. In addition, the board has also given the go-ahead for an investment limit of up to ₹ 1,300 crore for investments in both domestic and international entities. This limit, surpassing the requirements outlined in Section 186 of the Companies Act, 2013, was unanimously approved to enable significant future investments. Moreover, the board has unanimously agreed to a Preferential Allotment of 32,00,00,000 equity shares in a share swap arrangement to acquire AIS Anywhere. This tactical acquisition, worth ₹ 752.32 crore, will result in Blue Cloud Softech Solutions distributing 5 shares for every share of AIS Anywhere, effectively converting AIS Anywhere into a fully-owned subsidiary. The takeover of AIS Anywhere, a worldwide technology solutions company located in New Jersey specializing in AI, data analytics, cybersecurity, IoT, and enterprise solutions, is anticipated to significantly strengthen Blue Cloud's foothold in the US market. Blue Cloud Softech Solutions, based in Hyderabad, Telangana, is a leading provider of AIoT-based solutions focused on AI-enhanced healthcare and technology products. With a strong dedication to innovation, BCSSL enables both businesses and communities by offering state-of-the-art, homegrown technology solutions that facilitate significant transformation. Since April 6, 2016, Blue Cloud Softech Solutions has executed a split of its face value two times. The most recent split occurred in 2025, reducing the face value of its shares from ₹ 2 to Re 1. According to the share started trading on an ex-split basis from January 20, 2025. On Friday, Blue Cloud Softech Solutions share price ended 2% higher at ₹ 20.09 apiece on the BSE. Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.
Mint
18-05-2025
- Business
- Mint
Small-cap IT stock below ₹20 sets board meeting date to declare fundraise
Small-cap IT stock: Blue Cloud Softech Solutions Ltd announced that the company's board of directors will meet on Friday, 23 May 2025, at 4 p.m. to discuss many aspects, including the approval of a fundraiser, according to the exchange filing. According to the filing data, the company will finalise an acquisition move outside India either through 'cash or swap of equity shares' or a combination of both. Along with the acquisition move, the company's board will also approve a fundraiser involving the issuance of foreign currency convertible bonds (FCCBs). The board may also discuss any other topic of business after the chairman's permission. 'Raising of funds by way of issuance of Foreign Currency Convertible Bonds (FCCBs) subject to regulatory and other approvals, as may be required,' said the company in the BSE filing. Blue Cloud Softech Solutions shares closed 1.98 per cent higher at ₹ 19.01 after Friday's market close, compared to ₹ 18.64 at the previous stock market session. The company announced the fundraising development after the market operating hours on 16 May 2025. Blue Cloud Softech shares have given stock market investors more than 233 per cent returns on their investments in the last five years. However, the shares have lost a little over 48 per cent in the last one-year period. On a year-to-date (YTD) basis, the stock has lost 61.23 per cent in 2025, but is trading 23.12 per cent higher in the last one-month period. The shares hit their 52-week high levels at ₹ 130.50 on July 29, 2024, while the 52-week low levels were at ₹ 14.95 on April 17, 2025, according to data collected from the BSE website. The shares are currently trading marginally above their year-low levels. The software products firm's market capitalisation (M-Cap) was at ₹ 829.37 crore as of the stock market close on Friday, 16 May 2025. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
01-05-2025
- Business
- Mint
Small-cap stock under ₹50 in focus as board sets date to consider fundraising proposal
Blue Cloud Softech Solutions has scheduled a board meeting for Wednesday, May 7, 2025, to evaluate fundraising options and to discuss possible acquisitions both in India and internationally. 'Raising of funds by way of issuance of equity shares/convertible warrants including but not limited to through preferential issue and/ or Qualified Institutions Placement (QIP)/ or any other methods on private placement basis, through one or more permissible modes or issue of securities in any combination thereof etc. subject to regulatory approvals, as may be required,' said the company in its exchange filing. Blue Cloud Softech Solutions stated in its exchange filing that the board may also consider holding an extraordinary general meeting or a postal ballot to obtain the shareholders' approval for the previously mentioned proposal, if necessary. Blue Cloud Softech Solutions specialises in the design, development, and marketing of computer software both in India and internationally, as well as offering various data processing services, which include computer consultancy, systems analysis, and programming and computer maintenance in India or abroad. Blue Cloud Softech Solutions has recently obtained a work order from Pinnacle Hospitals India Pvt Ltd to deploy its state-of-the-art Outpatient Management System (OMS) at Pinnacle Hospitals in Visakhapatnam. Additionally, the company revealed the successful completion of a notable US$ 3.20 million agreement to deliver its domestically developed AI-driven healthcare management solution, the BluHealth Comprehensive Healthcare Platform, to a distinguished client based in the United States. Blue Cloud Softech Solutions shares experienced a drop of 1.79% on Wednesday's session, the stock touched an intraday high of ₹ 17.11 apiece, and an intraday low of ₹ 16.32 per share on the BSE. Over the last week, the stock declined by 2.71%. It has decreased by 58.50% over the past three months and has fallen 62.51% in the previous year.
