CleanupBot at 17:36, 1 June 2021

2021-06-01T17:36:25Z

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{{short description|Information technology organization}}
{{Notability|Companies|date=December 2019}}
{{Use dmy dates|date=September 2019}}
{{Infobox company
| name = Dev Information Technology Ltd
| logo = Dev Information Technology Limited.png
| logo_size = 100px
| trade_name = Dev IT
| type = Public domain
| traded_as = {{NSE|DEVIT}}
| industry = [[IT service management|IT services]], [[Information technology consulting|IT consulting]]
| founded = {{Start date and age|df=y|1997}}
| founder =
| hq_location = [[Ahmedabad]]
| hq_location_country = [[India]]
| key_people = Pranav Pandya {{small|(Chairman)}} Jaimin Shah {{small|(MD & CEO)}}<ref name="members">{{cite web|url=https://www.devitpl.com/company/board-of-directors/|title=board of directors}}</ref> 
Vishal Vasu {{small|(Director and CTO)}} Prerak Shah {{small|(Executive Director & Joint CEO)}}
| homepage =
}}
'''Dev Information Technology Ltd''', (also known as ''DEV IT'') is an [[Infrastructure Management service|infrastructure management service]] provider.<ref>{{Cite web|url=https://www.moneycontrol.com/news/business/ipo/dev-information-technology-sme-ipo-to-open-on-31st-march-2249969.html|title=DEV Information Technology SME IPO to open on 31st March|website=Moneycontrol|access-date=25 September 2019}}</ref> The company has headquarter at [[Ahmedabad]]<ref>{{Cite web|url=https://economictimes.indiatimes.com/dev-information-technology-ltd/stocks/companyid-65818.cms|title=DEVITSM Share Price – 81.00 INR, Dev Information Technology stock price today, Live updates – The Economic Times|website=The Economic Times|access-date=25 September 2019}}</ref> and its branch offices in [[Pune]], [[Jaipur]] and North America (through its subsidiary).<ref>{{Cite web|url=https://www.sebi.gov.in/sebi_data/attachdocs/1490872338542.pdf|title=SEBI- Document|website=SEBI|url-status=live}}</ref> As of September 2019, Dev Information Technology had total assets of ₹562m and current liabilities of ₹217m.<ref>{{Cite news|url=https://finance.yahoo.com/news/dev-information-technology-limited-nse-005656011.html|title=Dev Information Technology Limited (NSE:DEVIT) Earns Among The Best Returns In Its Industry|access-date=25 September 2019}}</ref>

== History ==
DEV IT was founded in 1997 and they became the first company from Gujarat to get listed on the [[National Stock Exchange of India]]'s SME exchange — [[NSE EMERGE]] ,<ref name=":0">{{Cite web|url=https://timesofindia.indiatimes.com/city/ahmedabad/ahmedabad-sme-goes-big-globally/articleshow/70929983.cms|title=Ahmedabad SME goes big globally {{!}} Ahmedabad News|last=1 Sep|first=Niyati Parikh {{!}} TNN {{!}} Updated|last2=2019|website=The Times of India|access-date=25 September 2019|last3=Ist|first3=9:01}}</ref> the issue, which opened on 31 March and closed on 6 April, was oversubscribed by 74.17 times.<ref>{{Cite web|url=https://www.thehindubusinessline.com/markets/dev-information-sme-ipo-subscribed-74-times/article9622131.ece|title=Dev Information SME IPO subscribed 74 times|last=Bureau|first=Our|website=@businessline|access-date=25 September 2019}}</ref>

=== Milestones ===

* Jaimin Shah, MD & CEO, was the youngest person and first Gujarati to appointed as Chairman of Domestic Council of [[NASSCOM]]<ref>{{Cite web|url=https://www.thehansindia.com/posts/index/Business/2017-05-03/Jaimin-Shah-of-DEV-IT-from-Ahmedabad-appointed-Chairman-of-Domestic-Council-of-NASSCOM/297596|title=Jaimin Shah of DEV IT from Ahmedabad appointed Chairman of Domestic Council of NASSCOM|last=India|first=The Hans|date=4 May 2017|website=thehansindia.com|access-date=25 September 2019}}</ref> He has been awarded as Outstanding IT Entrepreneur of the Year by [[Ahmedabad Management Association]] and “Alumni of the Year” by [[Dharamsinh Desai University]].<ref name="members" />
* In August Dev Information Technology has launched, AI-powered, and ML-driven [[Business intelligence]] and analytics solution for [[Tally Solutions]], named Talligence.<ref>{{Cite web|url=https://www.crn.in/ai/gujarat-based-dev-information-technology-unveils-talligence/|title=Gujarat based Dev Information Technology unveils Talligence|last=Team|first=C. R. N.|date=20 August 2019|website=CRN – India|access-date=25 September 2019}}</ref><ref>{{Cite web|url=http://www.smechannels.com/dev-information-technology-unveils-talligence/|title=Dev Information Technology Unveils Talligence|last=smechannels|website=SMEChannels|access-date=25 September 2019}}</ref>
* In September 2019, DEV IT had launched its near-shore support centre at [[Prince Edward Island]].<ref name=":0" /><ref>{{Cite web|url=https://www.dnaindia.com/ahmedabad/report-vibrant-gujarat-summit-canada-seeks-investment-in-high-tech-sectors-2710288|title=Vibrant Gujarat Summit: Canada seeks investment in high tech sectors|last=Correspondent|first=dna|date=21 January 2019|website=DNA India|access-date=25 September 2019}}</ref>

== References ==
{{Reflist|30em}}

== External links ==
* [https://www.nseindia.com/emerge/live_market/dynaContent/live_watch/get_quote_SME/GetSMEQuote.jsp?symbol=DEVIT DEV IT on NSE]

{{Ahmedabad|state=expanded}}

__INDEX__

[[Category:Information technology companies of India]]
[[Category:International information technology consulting firms]]
[[Category:Indian companies established in 1997]]
[[Category:Information technology consulting firms of India]]
[[Category:Software companies of India]]
[[Category:Outsourcing in India]]
[[Category:Outsourcing companies]]
[[Category:Companies based in Ahmedabad]]
[[Category:1997 establishments in Gujarat]]
[[Category:Software companies established in 1997]]

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{{en-Wikipedia}}

Dev Information Technology - Revision history

CleanupBot at 17:36, 1 June 2021