CEINSYS Tech Secures ₹3.24 Crore ISRO Service Order for 3-Year Renewal
CEINSYS Tech Limited has been awarded a ₹3,24,50,000 service contract from ISRO for a 3-year Product Design & Manufacturing Collection Commercial Multi-user subscription renewal. The domestic contract, announced through regulatory filing, reinforces the company's ongoing partnership with India's premier space research organization and provides revenue visibility over the three-year period.

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Ceinsys Tech Limited has secured a service contract worth ₹3,24,50,000 (₹3.24 crores) including GST from the Indian Space Research Organisation (ISRO) for a 3-year product design and manufacturing subscription renewal. The company announced this development through a regulatory filing under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Contract Specifications
The service order represents a subscription renewal for Product Design & Manufacturing Collection Commercial Multi-user services, spanning a three-year period. The contract demonstrates CEINSYS Tech's continued partnership with India's premier space research organization.
| Parameter: | Details |
|---|---|
| Order Value: | ₹3,24,50,000 (including GST) |
| Client: | Indian Space Research Organisation (ISRO) |
| Contract Duration: | 3 Year Subscription |
| Service Type: | Product Design & Manufacturing Collection Commercial Multi-user Subscription Renewal |
| Entity Type: | Domestic |
Regulatory Compliance
The company has confirmed that this contract does not involve any related party transactions, as ISRO is not a related entity. The promoter group has no interest in the awarding entity, ensuring transparency in the business relationship. The order execution will span the entire three-year subscription period.
Business Impact
The contract renewal highlights the ongoing relationship between CEINSYS Tech and ISRO, indicating satisfaction with the company's previous service delivery. The three-year duration provides revenue visibility and strengthens the company's position in the aerospace and defense sector. This domestic contract reinforces the company's capabilities in serving critical government organizations in the space technology domain.
Historical Stock Returns for Ceinsys Tech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.04% | -4.12% | +1.15% | -2.72% | -2.72% | -2.72% |
Will this ISRO contract renewal position Ceinsys Tech to secure similar multi-year deals with other government space agencies or defense organizations?
How might this steady revenue stream from ISRO enable Ceinsys Tech to invest in expanding their product design and manufacturing capabilities?
Could this successful partnership lead to Ceinsys Tech participating in ISRO's upcoming major missions like Chandrayaan-4 or Gaganyaan?


































