Atishay wins ₹11.16 Cr order to print Ayushman Bharat cards

1 min read     Updated on 13 Jun 2026, 03:58 PM
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AI Summary

Atishay Limited secured a ₹11.16 crore order from the West Bengal government to print 2.25 crore Ayushman Bharat cards across eight districts. The nine-month contract reinforces the company's position in the e-Governance sector.

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Atishay Limited has secured a work order worth ₹11,16,13,678 from the Government of West Bengal for the printing and delivery of Ayushman Bharat (AB PM-JAY) and AB Vay Vandana cards. The contract strengthens the company's order book and enhances revenue visibility by reinforcing its role in the public welfare and e-Governance ecosystem. The order was awarded by the Department of Health and Family Welfare, Swasthya Bhavan, Salt Lake City, Kolkata.

The work order encompasses the printing and supply of cards for eight districts in West Bengal. The total quantity covered under the contract is 2,25,74,669 cards. The project carries a completion period of nine months from the date of issuance of the work order.

Sr. No. Names of District allotted
1 Bankura
2 Birbhum
3 Jalpaiguri
4 Kalimpong
5 Murshidabad
6 Nadia
7 Purba Bardhaman
8 Uttar Dinajpur

The printed cards are required to be delivered to designated Block or Municipal officials, or other authorities authorized by the respective District Magistrates and the Kolkata Municipal Commissioner. Operational guidelines prescribed by the National Health Authority (NHA) will govern the delivery process. Terms and conditions of the work order are aligned with the company's existing contract with the NHA.

Atishay Limited noted that it has been entrusted with similar assignments for printing and supplying Ayushman Cards in various other states, including Odisha, Haryana, Chhattisgarh, Uttar Pradesh, Goa, and Maharashtra. The company attributed these recurring orders to its strong execution capabilities and operational excellence.

The disclosure was made to the BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the order does not involve any related party transactions and that the promoter group has no interest in the entity awarding the contract.

Historical Stock Returns for Atishay

1 Day5 Days1 Month6 Months1 Year5 Years
+0.99%+2.86%+5.10%+11.66%+50.13%+429.72%

How will this nine-month completion timeline impact Atishay Limited's quarterly revenue recognition and cash flow?

Does this contract position Atishay Limited favorably to secure similar printing orders from the remaining districts in West Bengal?

What are the potential margin implications for this project given the operational guidelines prescribed by the National Health Authority?

Atishay Limited Wins Karnataka Voter ID Card Printing Rate Contract

1 min read     Updated on 01 Jun 2026, 07:33 AM
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Atishay Limited has won a rate contract from the State Election Commission, Karnataka, for printing State Voter Identity Cards and enclosures for five City Corporations under the Greater Bengaluru Authority, in consortium with M/s Gundal Business Private Limited. The contract is valid up to May 2027 with a possible six-month extension, and its final value depends on actual work orders issued. The company also holds a separate 5-year rate contract with SEC Karnataka for electoral database preparation and Photo Electoral Roll printing across 31 districts.

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Atishay Limited has secured a rate contract from the State Election Commission, Karnataka for the printing of State Voter Identity Cards (SVIC) and other enclosures. The company, acting as the prime bidder in a consortium with M/s Gundal Business Private Limited, will execute the work for five City Corporations under the Greater Bengaluru Authority. This award reinforces the company's position in the election management and electoral services sector.

The rate contract is valid for a period of one year from the date of issuance of the Work Order and shall remain valid up to May 2027. The agreement includes a provision for extension by up to six months in accordance with the terms and conditions of the tender documents. The company will execute the project based on timelines and guidelines issued by the authority.

Contract Details

The project is a service tender classified as a domestic rate contract. The total consideration is rate-based, meaning no fixed monetary value is assigned at the outset. The final value will depend upon the actual quantity of work orders issued by the Authority during the contract period, though the expected potential value is described as significant. Key details of the contract are outlined below:

Particulars: Details
Name of Entity: State Election Commission, Karnataka
Nature of Order: Service Tender – Rate Contract
Duration: One year (up to May 2027), extendable by six months
Scope: Printing of SVIC and enclosures for 5 City Corporations
Consortium Partner: M/s Gundal Business Private Limited

Existing Engagement with SEC Karnataka

Atishay Limited is already executing a separate 5-year rate contract awarded by SEC Karnataka for the preparation of electoral databases and printing of Photo Electoral Rolls across 31 districts in the state. This new work order reflects the authority's continued confidence in Atishay Limited's execution capabilities and technical expertise.

Historical Stock Returns for Atishay

1 Day5 Days1 Month6 Months1 Year5 Years
+0.99%+2.86%+5.10%+11.66%+50.13%+429.72%

What is the estimated revenue contribution from this contract given its rate-based nature?

Could this contract pave the way for similar awards from other state election commissions?

How will Atishay leverage this engagement to expand its presence in the broader election management sector?

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1 Year Returns:+50.13%