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 The Equity Desk Forum :Investment Ideas - Creating winning portfolios! :Stock Synopsis
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PKB2000
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Quote PKB2000 Replybullet Topic: EVERONN EQ
    Posted: 09/Jul/2007 at 8:11pm
As of now
No. of times issue is subscribed 3.12
Oh no! here also I find rare chance of getting something against my application. Are the people more interested in concept or business fundamentals than other things?
I am always doing that which I cannot do, in order that I may learn how to do it. ~Pablo Picasso
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ganeshbhandary
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Quote ganeshbhandary Replybullet Posted: 14/Nov/2007 at 7:40am

i am sighting a huge opportunity in this sector.as we already disqualified educomp from emerging companies list and stock has run up too much, i am going through the company's details.Recent correction in the stock price from Rs775 to Rs475 levels makes the stock a worth to look at.

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Quote ganeshbhandary Replybullet Posted: 16/Nov/2007 at 7:48am
Following details found in everonn website
Everonn functions through its 2 strong Strategic Business Units (SBUs)
  • •  Institutional Education and Infrastructure Services (IE & IS)
  • •  Virtual and Technology Enabled Learning Solutions (ViTELS)
 

Institutional Education and IT Infrastructure Services

 the Education Service Providers for several StateGovernments in India , for their Computer Education, Computer Literacy, Computer Aided Learning and Teachers Training projects. With presence in 8 States, over 1,900 Computer Labs and having trained 1.2 million students, Everonn has built a good brand image with key policy makers for Computer Education in Schools and colleges.

The Process Flow

This SBU concentrates in executing IT Education related contracts in schools and colleges. The projects are identified through various Government initiatives. The projects that offer scale and efficiency in terms of numbers are selected. Generally the infrastructure is installed within thirty days of signing the contract with the Government / Government agencies.

The scope of services/engagement usually encompass the following

•  Supply of all IT Hardware, Software and other physical infrastructure necessary to provide IT education.

•  Provide and maintain in good working condition the infrastructure.

•  Teach computer education in English and respective local language if stipulated by the contract.

•  Supply adequate stationary and consumables at the centers

•  Appoint full time faculty at schools. The normal ratio is 2 instructors for every school. The instructors appointed are full time employees of Everonn.

•  Create/build necessary print and multimedia content in English and local language (if necessary) as per the curriculum stipulated by the Government

•  Train teachers, headmaster/headmistress in the school on computers and usage of multimedia content.

Execution

We enter into long term contracts with Government or Private schools/colleges under which we provide turnkey IT Education Solution for the schools/institutes named under the contract. The contract is usually under BOOT model, meaning the assets are on the books of the company for the contract period and then transferred to the institution at a nominal residual value.

Geographical Spread

Institution

State

No of Schools

West Bengal

West Bengal

555

Delhi Government

Delhi

267

UPDESCO

UP

223

Goa Government

Goa

238

Karnataka

Karnataka

216

Jharkand Government

Jharkhand

206

APDPEP

Andhra Pradesh

183

Andaman Government

Andaman

12

GCPE

Gujarat

1256

Total

 

3156

 

Virtual & Technology Enabled Learning Solutions

This SBU contributes its best for the professional and personal growth of geographically dispersed students developing a unique study culture amongst them. This is achieved by providing education and training solutions through satellite based ' Very Small Aperture Terminal (VSAT)' technology.

This Live and Interactive Learning and Training Platform has redefined access to education. It enables students to have interactive sessions with instructors and fellow students across the country thus truly bridging the urban - rural divide.

We are equipped with several state of art studios / lecture halls from where the expert teacher delivers classes using presentations, video, audio and digital content to effectively communicate, engage and interact with students / trainees sitting in classes spread across geographical locations. The instructor and students are always visible to each other and interactions are as instant as in a regular classroom. Therefore a single instructor teaches students across the country without compromising on the quality of learning.

Thus the "Technology Enabled Virtual Classrooms" focus on developing technical and managerial competence among the students through development of specialized knowledge and skills from the best in the field, delivered over a unique virtual platform.

The Process Flow

We establish ?Virtual Classrooms? inside institutions and cater to the needs of the students. This is done in partnership with the institutions.

Execution

An instructor present at our Chennai studio teaches students at the Everonn Learning Centres spread across dispersed geographic locations. The students can see, listen and participate in the lecture through a computer and an LCD projector connected to the VSAT receiver.

This virtual learning platform at Everonn blends the strengths and advantages of traditional methods of education with the cutting edge technology. Using a powerful interface, it enables a student to share in participatory sessions with other students and instructors all over the country.

Everonn's virtual initiative thus redefines the very concept of classroom education, retaining all its benefits, improving its reach and enhancing collaborative group learning.

Geographical Spread

The ViTELS delivery centres are available at over 200 colleges / schools. Apart from this retail centres soon spreading across India .

Virtual and Technology Enabled Learning Solutions has three sub-divisions. They are:

•  Institutional Initiatives

•  Retail Initiatives

•  Corporate Initiatives

Everonn's IT Education Initiative
By CXOtoday Staff
Mumbai,
Sep 26, 2006

Chennai based IT learning company Everonn Systems India Ltd. has signed an MoU with the West Bengal state education department to impart computer education to thousands of students from 555 government and government aided schools in the state.

This could put the students studying in these institutions, in Paschim Midnapur, Purab Midnapur and Purulia, West Bengal on par with counterparts from private institutes in the IT job market. The announcement comes close on the heels of a similar agreement signed between the WB education department and Microsoft last weekend.

"The government will provide us with space near the schools. We will set-up infrastructure. A minimum of 200 students will be required per school to start the center. The curriculum will be drafted as per government guidelines. Everonn will charge a fee of Rs35 per month per student for the course. The cost to company for setting up infrastructure in each school will be Rs2.50 lakh," informed Everonn Director R. Kannan.


He also informed that the course would be offered to students from class VI to class XII. This effort at bridging the digital divide in the country would include vocational skills relevant to the IT industry.

"The company will offer turnkey solutions with complete range of services comprising state-of-the-art computer labs, designing curriculum and course material, providing teaching services and automation of school administration systems," added Kannan.

The project will operate on a Build-Own-Operate-Transfer (BOOT) basis for initial six years, after which the government may renew the contract. It would also have a placement division to also cater to the employment needs of students, besides offering job opportunities to local youth as faculty members in these centers.

Everonn has won the project by bidding for it. It also intends to create virtual satellite classrooms for these students.

 

 

 

 

 

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PKB2000
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Quote PKB2000 Replybullet Posted: 21/Nov/2007 at 10:58am
It is Cheap now yes at a price ~480
I am always doing that which I cannot do, in order that I may learn how to do it. ~Pablo Picasso
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PrashantS
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Quote PrashantS Replybullet Posted: 22/Nov/2007 at 5:51pm
Well i dont want to speculate but it is an operator counter.Please be careful 
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PKB2000
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Quote PKB2000 Replybullet Posted: 04/Dec/2007 at 10:21am
But the oprator is playing! Thanks to him on behalf of the people holding the same.
I am always doing that which I cannot do, in order that I may learn how to do it. ~Pablo Picasso
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PrashantS
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Quote PrashantS Replybullet Posted: 05/Dec/2007 at 12:19pm
the guy who is holding Everon has interest in Nitin fire too. But i have no proof so please ignor my comments if u disagree with me.
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PKB2000
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Quote PKB2000 Replybullet Posted: 05/Dec/2007 at 12:52pm
Nitin fire may be  boosted by the recent DUBAI factor etc. But I wonder along with all those that guy has some inclination towards MAHARASHTRA SEAMLESS or not!
I am always doing that which I cannot do, in order that I may learn how to do it. ~Pablo Picasso
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