WEP Solutions Share Price

WEP Solutions Limited was formerly incorporated as Datanet Corporation Limited on 1st March, 1995. Thereafter, name of the Company was changed to Datanet Systems Limited to reflect the activities of workflow automation systems and computer telephony integration and has attained a new name WEP Solutions Limited. WeP is an Enterprise Services provider coupled with strong manufacturing capability of retail products and solutions. It has a strong Enterprise customer base, ranging from the MSME sector to large enterprise groups in the country. It has a strong channel network for products and services. As part of Enterprise Services, it provides Digital Services and Managed Printing Services to its customers. It also has a portfolio of Ricoh products and solutions for enterprise customers. These solutions improve workplace productivity of the enterprises. Wepsols fluidWorks suite of services helps optimize print and document infrastructure, automate processes endtoend, manage assets effectively, and operate IT infrastructure smoothly.The Company is engaged in the business of providing Managed Printing Solutions and Services, Manufacturing and Distribution of Retail Billing Products as well as multifunctional printers and providing Digital Services like GST, etc. to both enterprise and retail customers, pan India. The Company has focused on developing technologies and solutions for the conduct of commercial transactions on communication networks. It specialised into two technologies viz. Business Process Automation Software (BPAS) and Computer Telephony Integration (CTI). It developed expertise in developing smart card based solutions for the banking sector and Public Key Infrastructure (PKI) based security systems.The Companys current project was used for expansion of existing activities and augmentation of working capital. It incorporated a wholly owned subsidiary company namely Datanet eCommerce Services Ltd.During the year 200001, the Company came out with an Initial Public Offer during Aug 00 amounting to Rs.315.13 lacs. 31,51,300 equity shares of Rs.10/ each were issued at par to 3319 allottees. As a result, the total subscribed capital increased from Rs.9.45 cr. to Rs. 12.6 cr. due to IPO.The Company increased its business of Anyflow Services in FY 200405, resulting the net profits to increase.During the year 200809, the Company sold the investments (100%) to raise resources into Datanet eCommerce Services Ltd, and resulting to this, Datanet eCommerce Services ceased to be subsidiary of the Company. The wholly owned subsidiary, WeP Digital Services Limited was merged with the Company through Scheme of Amalgamation, making it effective from April 1, 2021 in FY 202122.The Company embarked upon its Managed IT Services portfolio. It strengthened enterprise relationships by delivering endtoend IT infrastructure services encompassing networks, endpoint security, cloud management, and enduser services. The conversations became more engaging with the CIO organization in 2025.