- Sector
- Technology services
- Industry
- Information technology services
- Address
- Chennai India
- IPO Date
- Apr 4, 1995
- Business
- Popees Cares Limited (formerly Archana Software Limited) operates in the baby care products segment, offering a wide range of infant and kids' apparel and essentials including newborn clothing such as dungarees, shirts, shorts, sleep suits, party wear and t-shirts; fabric wash, baby wipes, shampoo and diapers; toys, ride-ons, footwear, maternity wear, ethnic wear and accessories; with sales through online platforms and physical stores targeting parents seeking high-quality, skin-friendly, bio-washed, allergy-free garments made from natural combed cotton. The company, originally incorporated in 1994 as SSL Finance Limited and later focused on software before pivoting to baby care under current management, maintains its headquarters and registered office at Land Marvel Nest, First Floor, No. 3, First Main Road, Indira Nagar, Chennai, Tamil Nadu, India, with operations primarily in India including plans for retail expansion via strategic partnerships. In recent developments, the Board approved a name change from Archana Software Limited to Popees Cares Limited on December 4, 2023, approved by shareholders via postal ballot on January 25, 2024, and certified by the Registrar of Companies on April 5, 2024; additionally, on June 6, 2025, the Board approved a 99% reduction in paid-up share capital to offset accumulated losses of Rs. 66.9 million against the existing equity base, pending shareholder and NCLT approvals, while promoter reclassification was approved by BSE on March 5, 2025, and the company withdrew a prior rights issue proposal amid ongoing exploration of Tamil Nadu incentives.