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Expleo Solutions Limited (formerly known as SQS India BFSI Limited), incorporated on June 8, 1998 as a private limited company was converted into a public limited company with effect from August 19, 2008. The Company made its Initial Public Offering (IPO) of its Equity Shares on September 24, 2009 (issue open date) and shares under IPO were allotted on October 14, 2009. The Company’s shares were listed on the National Stock Exchange and Bombay Stock Exchange with effect from October 26, 2009.
The Company is a subsidiary of Expleo Technology Germany GmbH (formerly known as Expleo Technology Germany AG, Germany).
The company name has been changed from “Thinksoft Global Services Limited” to “SQS India BFSI Limited” and the trading symbol of the Company has been changed from THINKSOFT to SQSBFSI w.e.f. September 30, 2014. Further, the Company made an application for the change of name to the Registrar of Companies, Chennai and the Registrar of Companies had approved the application and had granted a new Certificate of Incorporation pursuant to change of name to “Expleo Solutions Limited” dated April 10, 2019.
Expleo was born in 2017, when the outsourced R&D division of Assystem became the independent company Assystem Technologies. In 2018, Assystem Technologies acquired SQS (Software Quality Systems AG) to form a single organisation, later joined by management consultants Moorhouse and then Stirling Dynamics, a marine and aerospace specialist.
Expleo is now the unique provider of end-to-end, integrated engineering, quality services & management consulting for digital transformation. In today’s climate of unrelenting change, it brings the right mix of expertise, and the right balance of boldness and reliability, to meet its clients’ business needs.
Business area of the company
The Company is an India based software service provider primarily delivering software validation and verification services to the banking, financial services and insurance industry worldwide. The Company has invested in four wholly owned subsidiaries in Singapore, USA, UK and UAE for market development and service delivery in the respective regions.
History & Milestones