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Business Standard
18 hours ago
- Business
- Business Standard
Raminfo hits the roof after securing Rs 14-cr order from Tripura Gov
Raminfo hit an upper circuit of 5% at Rs 182.75 after the company announced a significant contract win worth Rs 14.14 crore from Directorate of Information Technology, Government of Tripura. The project involves the development and maintenance of UNNOTI, a digital citizen services platform under the Tripura Rural Economic Growth & Service Delivery Project (TRESP). In an exchange filing, Raminfo said it will serve as the system integrator for the UNNOTI platform, handling end-to-end development, integration, and providing 26 months of post-deployment support and maintenance. The company will leverage its domain expertise in emerging technologies such as AI, ML, analytics, and IoT, ensuring that the platform remains robust, intelligent, and adaptable to evolving citizen needs. The platform aims to transform public service delivery in Tripura by creating a unified, secure, and scalable digital ecosystem. UNNOTI will connect over 60 key government departments and more than 300 welfare schemes, delivering services to more than 41 lakh citizens through a single digital interface. The initiative is aligned with the governments Ease of Living vision, promoting faster, transparent, and citizen-centric service delivery. Designed with the Ask Data Once principle, the platform will eliminate repetitive data submissions by citizens across departments, ensuring a hassle-free, integrated service experience. The system will also include a citizen portal, service dashboards, and mobile applications to maximize public outreach and operational transparency. L. Srinath Reddy, managing director of Raminfo, said, "This award strengthens Raminfos leadership in the e-governance space. UNNOTI is not just another technology platform its a citizen-centric initiative designed to empower the people of Tripura through inclusive digital transformation. Raminfo brings its proven expertise in delivering large-scale technology solutions like AI, ML etc., for government ecosystems, and this project will further consolidate our presence in the Northeast region of India. We are proud to be part of Tripura's digital journey and will continue to create impact-driven solutions that enhance governance and citizen engagement." Raminfo, is a legacy player with 30 years of experience in e-governance and other tech solutions. Theyre a company listed on BSE. Raminfo serves various sectors across India, including government, fintech, healthcare, smart energy, IoT, analytics, and engineering. In the government arena, Raminfo shines with its e-governance, smart lighting, telemedicine, and agro-logistics initiatives, alongside skill development and education programs. Embracing its 2.0 evolution, Raminfo harnesses the power of AI and machine learning to venture into new frontiers, crafting comprehensive, multi-vertical ecosystems. The companys consolidated net profit rose 33.3% to Rs 0.56 crore on an 82% fall in revenue from operations to Rs 4.48 crore in Q4 FY25 over Q4 FY24.
Business Upturn
21 hours ago
- Business
- Business Upturn
Raminfo wins Rs 14.14 crore Tripura government contract to build ‘UNNOTI' citizen services platform
By Aditya Bhagchandani Published on July 16, 2025, 10:29 IST Shares of Raminfo Limited are in focus today after the company announced it has secured a ₹14.14 crore contract from the Government of Tripura to develop and maintain the 'UNNOTI' citizen services platform, under the Tripura Rural Economic Growth & Service Delivery Project (TRESP). The project, awarded by the Directorate of Information Technology, aims to transform public service delivery in Tripura by creating a unified, secure, and scalable digital platform connecting more than 60 government departments and 300+ schemes. The initiative is expected to directly benefit over 41 lakh citizens, improving access to faster, transparent, and integrated government services. Raminfo will act as the system integrator, responsible for the end-to-end development, deployment, and maintenance of the platform for 26 months post-deployment. The system will also include a citizen portal, service dashboards, and mobile apps, with a focus on eliminating repetitive data submissions through the 'Ask Data Once' principle. The company highlighted that UNNOTI reflects the government's vision of 'Ease of Living', empowering citizens and streamlining governance through technology. L. Srinath Reddy, Managing Director of Raminfo, said: 'This award strengthens Raminfo's leadership in the e-Governance space. UNNOTI is not just another technology platform — it's a citizen-centric initiative designed to empower the people of Tripura through inclusive digital transformation.' About Raminfo Raminfo is a BSE-listed company (Scrip Code: 530951) with 30 years of experience in delivering technology solutions across sectors like e-governance, fintech, healthcare, smart energy, IoT, and analytics. The company has been a technology partner for several government-led digital initiatives across India and continues to expand its footprint, particularly in the Northeast region. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Hans India
17-06-2025
- Business
- Hans India
Raminfo bags Rs 474 crore order for installing Rooftop Solar Projects
Raminfo Limited, a tech solutions provider, has bagged an order worth ₹474 crore from Rajasthan Renewable Energy Corporation Limited (RRECL) through a consortium led by the Company. Raminfo has ventured into smart energy solutions to build a future with green and sustainable energy. The scope of the order includes the Design, Supply, Erection, Testing, and Commissioning, along with Comprehensive Operation & Maintenance (O&M) for a period of 25 years, of Rooftop Solar (RTS) Photovoltaic Power Projects to be installed on buildings owned by the State Government and its undertakings across Rajasthan, under the Hybrid Annuity Mode (HAM) aggregating to a total capacity of 73 MW. L. Srinath Reddy, Managing Director of Raminfo Limited said, 'Raminfo Limited will hold a 51% stake in this project through its SPV Raminfo Green Energy Private Limited, which will execute the project with a total capacity of 73 MW. We offer reliable, innovative and affordable solar energy solutions. Our expertise and our unmatched project execution capabilities helps us deliver word class solutions with highest standards. Solar is one of the fastest-growing renewable energy sources in the world and, with our integrated rooftop solar solutions, we aim to lead the charge of India's energy revolution to achieve rooftop solar targets on state government buildings at various locations in Rajasthan.' Raminfo has ventured into energy industry by incorporating Raminfo Green Energy Private Limited, a subsidiary on May 5, 2025, which operates in the electricity, gas, steam, and air-conditioning supply sector. It aims to create a sustainable world with solar energy. The rooftop solar industry in India is experiencing rapid growth, with the total installed capacity reaching 13.7 GW by the end of December 2024. The market is projected to continue expanding, with some estimates suggesting a market value of USD 4.46 billion by 2033. This growth is fuelled by government initiatives, decreasing both set up and overall storage costs, per unit cost savings and growing awareness of the benefits of rooftop solar. Especially both Central Government, State Governments and private sectors investments in green energy is going to boost overall capacity addition in green energy which in turn is going to contribute for the rapid growth of the company.
The Hindu
17-06-2025
- Business
- The Hindu
Raminfo-led consortium bags ₹474-cr. rooftop solar projects order from RRECL
Raminfo, through a consortium it is leading, has bagged a ₹474-crore order from Rajasthan Renewable Energy Corporation Ltd. (RRECL). It marks the company's foray into smart-energy solutions, the Hyderabad-based tech solutions provider said on Tuesday. Special purpose vehicle Raminfo Green Energy, set up last month, in which the company holds 51% stake, will execute the project, Managing Director L. Srinath Reddy said in a release. The SPV will operate in electricity, gas, steam and air-conditioning supply sector, the company said. The scope of RRECL order includes design, supply, erection, testing and commissioning along with comprehensive operation and maintenance for 25 years of rooftop solar photovoltaic power projects to be installed on buildings owned by the State government and its undertakings across Rajasthan under hybrid annuity mode aggregating to a total capacity of 73 MW. Solar is one of the fastest-growing renewable energy sources in the world and 'with our integrated rooftop solar solutions, we aim to lead the charge of India's energy revolution to achieve rooftop solar targets on state government buildings at various locations in Rajasthan,' said. Rooftop solar industry in India is experiencing rapid growth with total installed capacity reaching 13.7 GW by December 2024 on the back of government initiatives. The market is projected to expand, with some estimates suggesting a market value of $4.46 billion by 2033. Investments by Central and State governments as also by the private sector is set to boost overall capacity addition in green energy which in turn will contribute to the company, Raminfo said. The company's shares closed 19.99% higher at ₹92.66 apiece on the BSE.
Mint
17-06-2025
- Business
- Mint
525% rally in five years! Small-cap multibagger stock hits 20% upper circuit despite sell-off in Indian stock market
Stock Market Today: Having seen a 525% rally in five years, this small-cap Multibagger stock gained 20% to hit the upper circuit on Tuesday, despite the sell-off in the Indian stock market. The RAMINFO Ltd. announced having bagged fresh orders. Raminfo Ltd., the small-cap Multibagger stock on Tuesday, 17 June 2025, announced the order wins on the exchanges. Through its media release on the BSE, or the Bombay Stock Exchange, Raminfo Ltd. intimated about the bagging of a ₹ 474 crore order for installing a rooftop solar project. As per Raminfo Ltd.'s press release, it has bagged an order worth ₹ 474 crore from Rajasthan Renewable Energy Corporation Limited (RRECL) through a consortium led by the company. Under the Hybrid Annuity Mode (HAM), the scope of the order covers the design, supply, erection, testing, commissioning, and comprehensive operation and maintenance (O&M) for 25 years of rooftop solar (RTS) photovoltaic power projects that will be installed on state government buildings and its undertakings throughout Rajasthan. These projects will have a combined capacity of 73 MW, as per Raminfo Ltd. L. Srinath Reddy, Managing Director of Raminfo Limited, in a statement, said that 'Raminfo Limited will hold a 51% stake in this project through its SPV Raminfo Green Energy Private Limited, which will execute the project with a total capacity of 73 MW. On May 5, 2025, Raminfo entered the energy business by establishing Raminfo Green Energy Private Limited, a subsidiary that operates in the gas, electricity, steam, and air conditioning supply sector. It seeks to use solar energy to build a sustainable future. Small-cap Multibagger stock Raminfo share price opened at ₹ 76.80 levels on the BSE on Tuesday. At the time of opening, the Raminfo share price was slightly lower compared to the previous day's closing price of ₹ 76.80. The Raminfo share price thereafter gained further to intraday highs of ₹ 92.66, translation gains of almost 20% during the intraday trades on Tuesday. This intraday high level was also the upper pricing band. And hence the Raminfo share price was locked in the 20% upper circuit. RamInfo share price having risen close to 525% in five years has given Multibagger returns to the investors. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
