What do you mean by educomp?
What do you mean by educomp?
Educomp smartclass is a flagship brand of Educomp Solutions, India’s largest Education company. Born in 2003, Educomp smartclass has created shall we say, yet another divide of Have and Have Nots: schools that have Educomp smartclass and schools that don’t.
Who is the owner of educomp?
Shantanu Prakash
Educomp was a sort of star circa 2008-12. Founded and run by Shantanu Prakash, an alumnus of IIM-Ahmedabad and Delhi’s Shri Ram College of Commerce, it sold ‘Smartclass’ – hardware for digitally equipping classrooms – to thousands of schools and seemed to have hit upon a great idea in the ever-growing education sector.
Why did educomp fail?
“The borrowing company and its directors, guarantors and unknown others conspired and committed the acts of forgery, including valuable securities, used forged documents as genuine, diverted and siphoned off the banks’ funds and cheated the lending banks to the tune of ₹1955.36 crore,” the CBI said.
What is educomp education?
Educomp smartclass is the industry pioneer in the use of rich multimedia content as a teaching tool inside the classrooms in India. It’s a revolutionary in-classroom technology leveraging a large repository of digital content across virtually all subjects from kindergarten to grade 12.
Should we invest in educomp?
In most segments, Educomp is the market leader with no serious competition. Based on estimated strong earnings growth and dearth of other similar investment options in education space, we recommend BUY on Educomp with 1-year target price of Rs817 (15x FY12E EPS).
What is the future of educomp share?
EDUCOMP is trading in the lower range of yearly prices. EDUCOMP is trading in the lower range of the quarterly prices. The NSE share EDUCOMP Educomp Solutions does not have a defined movement as of now….
| Upside intraday target | 3.7 |
|---|---|
| Upside short term target | 4.23 |
| Upside mid term target | 4.87 |
| Upside long term target | 5.78 |
How did Educomp fail?
Prakash’s Educomp was able to book sales at any cost but was not able to deliver the products due to a pile-up of receivables. Once the company started getting a bad name for delays, the debt troubles began from 2012. Former company employees said that Prakash underestimated the borrowings.
What is the future of Educomp share?
What happened to Educomp Solutions?
Cut to 2020, Prakash’s company Educomp Solutions is bankrupt and on February 11, he was booked by Central Board of Investigation (CBI). The CBI on February 11 registered a case against Educomp Solutions, Prakash and another individual for alleged bank fraud.
Is it good to buy educomp share?
Is Educomp still in business?
Cut to 2020, Prakash’s company Educomp Solutions is bankrupt and on February 11, he was booked by Central Board of Investigation (CBI).
Should I buy Educomp share?
Based on estimated strong earnings growth and dearth of other similar investment options in education space, we recommend BUY on Educomp with 1-year target price of Rs817 (15x FY12E EPS). However, low independence and small size of the Board is a key concern.
Who is the CEO of Educomp Solutions Limited?
Mr. Shantanu Prakash, MBA (IIM- Ahmedabad) is the Chairman and Managing Director of Educomp Solutions Limited. He founded Educomp Solutions Limited in 1994, a few years after acquiring an MBA degree from the Indian Institute of Management, Ahmedabad.
How many government schools in India have been equipped with Educomp?
10,700 Government Schools, in the remotest corners of India, became digitally equipped, when Educomp partnered with 14 state governments. customer’s speak. It provides them an opportunity to witness everything on the screen and this visual image gets fixed in their minds easily.
How many people have been empowered by Educomp?
EMPOWERED OVER 30 MILLION LEARNERS ACROSS 65,000 SCHOOLS IN TWO DECADES. Educomp is at the forefront of the evolution of education in the 21st century.
Which is the largest integrated education company in India?
Educomp Solutions Ltd is India’s largest integrated education company. The company is a globally diversified education solutions provider and the largest education company in India. They offer education products and solutions for K-12 in the country coupled with a large footprint in preschool vocational and higher education.