- CEO
- Neerad Kumar Gajula
- Full Time Employees
- 2
- Sector
- Technology services
- Industry
- Information technology services
- Address
- Brigade Towers, West Wing Hyderabad TS India 500032
- IPO Date
- Sep 29, 2010
- Business
- Infronics Systems Limited (INFRONICS.BO), a technology-enabled IT solutions provider incorporated in 2000 and headquartered in Hyderabad, India, specializes in industry-specific software and hardware solutions; core offerings include RFID technology, biometrics, smart cards, enterprise mobility solutions, embedded design services, and hardware production, alongside bulk SMS services and IT/software development for sectors such as banking, manufacturing, defense, textiles, education, oil refineries, and system integrators. The company operates five development centers in India, with marketing and sales presence in the UK and USA, and exports products to Saudi Arabia, Dubai, the United Kingdom, Ireland, and the United States. In recent developments, Infronics underwent a significant ownership change in 2022 with acquisition by new promoters Trivikrama Reddy Kothinti, Gajula Neerad Kumar, and Gattupally Reshika Reddy holding a 53.55% stake; in January 2024, Mr. Neerad Kumar Gajula transitioned from non-executive director to whole-time director for five years at Rs 15 lakh annual remuneration, while Mr. Vishnu Sri Ram Gurumurthy joined as additional non-executive director; the company secured and completed bulk SMS contracts with Bharat Sanchar Nigam Limited (BSNL) for clients including Sir M Visvesvaraya Cooperative Bank, Canara Bank, State Bank of India, and Indian Bank in 2024-2025, alongside filing integrated financials for Q4 2024 showing turnover of Rs 434.06 lakh and net profit after tax of Rs 252.12 lakh for FY 2023-24.