Atishay Ltd receives LOA from RajCOMP Info Services Ltd for e-Mitra kiosks

Atishay Limited has, over the past several years, been actively engaged in e-Governance service delivery, including the execution, management, and operation of various Government service centres and kiosks in the State of Rajasthan. The Company has established a strong and credible operational track record, with demonstrated capability in setting up, managing, and delivering ICT-enabled citizen services through kiosk-based models supported by trained manpower, robust technology platforms, and effective field-level infrastructure.

In continuation of its sustained presence in kiosk-based e-Governance projects, Atishay Limited has received a Letter of Acceptance (LOA) from RajCOMP Info Services Ltd. (RISL), a Government of Rajasthan Undertaking, for engagement as a Local Service Provider (LSP) for setting up and managing e-Mitra kiosks (Urban and Rural) across the allotted divisions in the State of Rajasthan. The Company has confirmed its acceptance as LSP for the Divisions applied for, namely Ajmer, Bikaner, and Jaipur.

These three Divisions collectively cover 17 districts, providing Atishay Limited a substantial operational footprint and a major expansion opportunity.

Ajmer Division - Ajmer, Bhilwara, Nagaur, Tonk, Beawar, Didwana-Kuchaman.

Bikaner Division - Bikaner, Churu, Hanumangarh, Sri Ganganagar.

Jaipur Division - Alwar, Dausa, Jaipur, Jhunjhunu, Sikar, Khairthal-Tijara, Kothputli-Behror.

This engagement enhances Atishay Limited's presence in the State and provides a significant opportunity to scale its network further across the allotted districts.

Nature of Contract / Consideration

The engagement is a revenue-share arrangement, wherein no fixed contract value has been prescribed. Revenue accrues to the Company based on the actual number of transactions processed through the e-Mitra kiosks. Accordingly, the overall contract value will therefore vary depending on transaction volumes generated during the engagement period and is presently not quantifiable.

Scope & Duration

Under the LOA, Atishay Limited shall be responsible for setting up and managing e-Mitra kiosks across the allotted districts, including manpower deployment, operational and technical support, kiosk training, compliance with RISL guidelines, service delivery monitoring, and initiatives aimed at enhancing transaction volumes. The duration of the engagement is 5 years.

This engagement significantly strengthens Atishay Limited's footprint in the e-Governance domain and provides a large-scale, long-term growth opportunity, driven by transaction-based revenues. The Company's existing kiosk network, operational expertise, and established presence in Rajasthan place it in a strong position to accelerate future expansion.

Shares of Atishay Ltd was last trading in BSE at Rs. 167.35 as compared to the previous close of Rs. 182.85. The total number of shares traded during the day was 13273 in over 322 trades.

The stock hit an intraday high of Rs. 182.85 and intraday low of 166.00. The net turnover during the day was Rs. 2306866.00.

Source : Equity Bulls

Keywords

Atishay INE011R01013 LOA RajCOMPInfoServices LSP eMitraKiosks