Geometric design and technology meadville pennsylvania. Geometrics employees will have the opportunity for growth as they can serve hcl techs large customer base, geometric ceo and md manu parpia. 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. Geometric software solutions managing director manu parpia says, with this partnership, geometric strengthens its position of a valuable contributor to the dassault systemes ecosystem. See the complete profile on linkedin and discover manu s connections and jobs at similar companies. May 11, 2015 geometric has been assessed at maturity level 3 for cmmi 1. Manu parpia, md and ceo of geometric says the company saw constant currency growth at 4 percent in the third quarter.
Geometrics principal shareholders the godrej family and ceo manu parpia have mandated jm financial to sell their 39% stake in. Gssl marked the completion of 10 years with celebrations in mumbai and pune that took everyone back to geometric school. Hcl technologies to acquire business of geometric ltd. Manu parpia, managing director, gssl, hands over the prize to the best dressed couple, sriram karpur, software engineer with gssl, and his wife, swati.
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. Hcl technologies to acquire geometric ltd mfg tech update. Geometric solutions, your siemens digital industries software partner. Geometric has been assessed at maturity level 3 for cmmi 1. The company provides software development and engineering services. Geometrics principal shareholder, the godrej family, and ceo manu parpia together own about 38% stake. Hcl tech buys geometric for rs 1,283 crore times of india. Geometric competitors, revenue and employees owler. Hcl technologies to acquire geometric business standard.
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. Manu has over 30 years of experience in the industry, with over 21 years in the plm and engineering arena. Geometric share price, geometric stock price, geometric. 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. Hcl deal is a winwin situation for both shareholders and. Post the takeover announcement in april 2016, the share price of geometric has gained 34% till date. It is classified as nongovt company and is registered at registrar of companies, mumbai. In consideration of this acquisition, hcl will issue 10 equity shares of rs. The group specializes in surface modeling, data translators, acis and parasolid geometry.
Yes, i believe the financials will be integrated with hcl from next quarter. Hcl technologies to acquire business of geometric ltd the. Geometric limited company information, financial reports. Geometric, a leader in product lifecycle managementplm, global engineering services, and offshore product developmentopd solutions and technologies and dassault systemes nasdaq.
The companys segments include products, software services and engineering services. View manu parpias profile on linkedin, the worlds largest professional community. Geometric limited supplies software and services to the mechanical design and manufacturing markets. 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. The association of mechanical engineers newslettersoftware india pvt. 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. Manu parpia chairman 3dplm software solutions limited 3dplm, established in 2002 is joint venture between geometric ltd. In consideration of this acquisition, hcl will issue 10 equity. Geometrics headquarters is located in navi mumbai, maharashtra, in 400708.
Manu parpia mumbai area, india professional profile linkedin. Quick heal technologies limited quick heal, the leading provider of it security products and solutions, today announced the appointment of mr. Geometric limited company, directors and contact details. Geometric extends edrawings software to support all major. Geometric s principal shareholder, the godrej family, and ceo manu parpia together own about 38% stake.
Manu mahmud parpia is the founder, managing director, and chief executive officer ceo of geometric limited. Geometric solutions is an award winning siemens product lifecycle management plm software partner. Unit no 703a, reliable tech par bwing, airoli navi mumbai mumbai 410708 p. Manu parpia business profile alchemy capital management. In an interview with shivani shinde nadhe, he talks about why this deal is fair, how it benefits both the employees and shareholders and. Director reports, company results of geometric ndtv. 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. Geometric limiteds operating revenues range is inr 100 cr 500 cr for the financial year ending on 31 march, 2016. Geometric share price, geometric stock price, 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.
Geometric software solutions and dassault systemes create. Shashank patkar is new cfo of geometric mfg tech update. Will we see financials getting integrated with hcl tech from the next quarter. Geometric technologies is pleased to announce the transfer of its business to hcl technologies ltd hcl tech. 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. Manu parpia to board of directors thursday, may 10, 2018 pune, may 10, 2018. Also an advisory board member of alchemy capital management and a charter member of the indus entrepreneurs tie. Manu parpia, the ceo and md of geometric, pitched the deal as beneficial. View manu parpias professional profile on linkedin. Manu parpia, managing director, geometric, will, in addition to his current role, steer 3d plm software ltd.
He expects geometrics standalone business to grow in high singledigits in. Geometrics expertise in the plm space together with its knowledge of catia, enovia, delmia, and smarteam make it the ideal partner for implementing. 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. Practice head knowledge based engineering at geometric ltd. Geometric extends edrawings software to support all major cad.
Manu parpia as additional director independent director with effect from may. It was incorporated on 25 march, 1994 and is located in, maharashtra. Manu parpia as additional director independent director with effect from may 10, 2018. Manu mahmud parpia is chairman at 3d plm software solutions 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. Geometric limited operates in the domain of engineering solutions, services and technologies. Geometric competitors, revenue and employees owler company. Parpia is also member of the indus entrepreneurs mumbai and on the board of 12 other companies. Geometric offers engineering technologies, product lifecycle management, embedded systems and digital technology solutions.
Manu mahmud parpia director information and associated. I have been working at geometric software solutions fulltime for more than 3. The focus areas remained the us and europe, which contributed 95% of revenues. The deal excludes the 58% geometric owns in the joint venture, 3dplm software solutions, with dassault systemes. Parpia is also member of the indus entrepreneurs and on the board of 12 other companies. Apr 02, 2016 geometrics principal shareholder, the godrej family, and ceo manu parpia together own about 38% stake. Manu parpia mahmud is registered with ministry of corporate affairs mca.
Geometric s headquarters is located in navi mumbai, maharashtra, in 400708. Hcl technologies signs definitive agreement to acquire the. Manu parpia non executive director at alchemy capital. View manu parpia s profile on linkedin, the worlds largest professional community. The association of mechanical engineers newslettersoftware. At the same time, its book networth has increased by 22. 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. Manu parpia mahmud director information and companies. Aug 25, 2003 geometric softwarefrom the godrej stableshowed more than industry average growth both in revenues and profit. Geometric will be merged into 3dplm, thereby giving 100 per cent ownership of the latter to dassault systemes 3ds. Geometric limited is a public incorporated on 25 march 1994. 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. Geometric ltd company profile and news bloomberg markets. He expects geometric s standalone business to grow in high singledigits in.
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