Dion Global Solutions surges on acquiring Investmaster Group

25 Nov 2011 Evaluate

Dion Global Solutions is currently trading at Rs 29.00, up by 0.30 points or 1.05% from its previous closing of Rs 28.70 on the BSE.

The scrip opened at Rs 28.90 and has touched a high and low of Rs 29.00 and Rs 28.90 respectively.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 70.00 on 13-May-2011 and a 52 week low of Rs 28.00 on 24-Nov-2011.

Last one week high and low of the scrip stood at Rs 35.00 and Rs 28.00 respectively. The current market cap of the company is Rs 125.90 crore.

The promoters holding in the company stood at 63.90% while Institutions and Non-Institutions held 5.85% and 30.24% respectively. 

Dion Global Solutions has acquired the entire issued share capital of Investmaster Group (Investmaster). The acquisition is part of Dion’s strategy to become a leading provider of a comprehensive, diversified suite of solutions to financial markets worldwide. This transaction gives Dion a significantly increased presence in the UK and an established base upon which further expansion can be built.

Investmaster’s private client product suite complements Dion’s existing range of products, which cover portfolio management, trading, settlement, risk management, analytics, treasury and research services.

Investmaster has been a specialist provider of wealth management and stock broking software to the UK private client market for over 25 years. Their client base has combined Assets under Management exceeding 28 billion Euro and over 800 users across the UK and Ireland.

Dion Global solutions is a leading software solutions and research service provider for financial markets across the globe. Part of large diversified transnational business group, Dion caters to the software and information needs of brokers, financial institutions, banks and other entities in the financial ecosystem worldwide.

Dion Global Solution Share Price

2.25 0.00 (0.00%)
18-May-2020 18:01 View Price Chart
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