Avantel Limited Receives ₹11.59 Crore Purchase Order from NewSpace India Limited
Avantel Limited has secured a significant ₹11.59 crore purchase order from NewSpace India Limited for manufacturing, supplying, installing and commissioning devices for Xponders. The domestic contract, disclosed under SEBI regulations, is scheduled for completion by October 2026 and reinforces Avantel's position in India's space technology sector.

*this image is generated using AI for illustrative purposes only.
Avantel Limited has officially announced receiving a purchase order worth ₹11.59 crore from NewSpace India Limited (NSIL) for the supply, installation and commissioning of devices for Xponders. The company disclosed this development through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Purchase Order Details
The comprehensive order details highlight the scope and specifications of this significant contract:
| Parameter: | Details |
|---|---|
| Order Value: | ₹11.59 crore (exclusive of taxes) |
| Client: | NewSpace India Limited |
| Scope: | Supply, Installation and Commissioning of Devices for Xponders |
| Nature of Contract: | Manufacturing |
| Entity Type: | Domestic |
| Completion Timeline: | October 2026 |
Regulatory Compliance
The order was received via email communication and falls under the company's regular business operations. As per SEBI guidelines, Avantel has provided comprehensive details of the contract in its regulatory filing. The purchase order represents a domestic manufacturing contract with NewSpace India Limited, which serves as the commercial arm of the Indian Space Research Organisation (ISRO).
Strategic Significance
This contract reinforces Avantel's position in the Indian space technology sector, demonstrating the company's capabilities in providing specialized space communication solutions. The order encompasses end-to-end services including supply, installation, and commissioning of Xponder devices, showcasing Avantel's comprehensive technical expertise.
The extended execution timeline until October 2026 provides the company with adequate time to deliver the complete project requirements. This engagement with NewSpace India Limited further strengthens Avantel's presence in the growing Indian space technology market and highlights its role as a trusted supplier for critical space infrastructure components.
Source: None/Company/INE005B01027/5f147c6e-e5f0-494b-877c-8f7327e1d169.pdf
Historical Stock Returns for Avantel
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.35% | +13.87% | +8.96% | -26.32% | +41.75% | -21.38% |
How might this NSIL contract position Avantel for additional orders in India's expanding space technology sector?
What impact could the extended 2026 timeline have on Avantel's revenue recognition and cash flow patterns?
Will this partnership with NSIL's commercial arm open doors for Avantel in international space markets?


































