3C IT Solutions Secures Rs 5.39 Crore Purchase Order for HP Desktop Supply
3C IT Solutions & Telecoms (India) Limited has received a purchase order worth Rs 5.39 crore for supplying HP Desktops. The order comes from two domestic entities: Cerebrat Tech Ventures Private Limited (744 units, Rs 2.55 crore) and Midastech Ventures Private Limited (831 units, Rs 2.84 crore). The contract includes 18% GST and specifies 30% advance payment on delivery with the balance due within 45 days. This order demonstrates the company's growing presence in the IT hardware market.
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3C IT Solutions & Telecoms (India) Limited , a Pune-based IT solutions provider, has announced a significant business development. The company has secured a purchase order worth Rs 5.39 crore for the supply of HP Desktops, showcasing its growing presence in the IT hardware market.
Order Details
The purchase order, valued at Rs 5,38,96,500, comes from two domestic entities:
| Entity | Units | Amount (Rs) |
|---|---|---|
| Cerebrat Tech Ventures Private Limited | 744 | 2,54,59,680 |
| Midastech Ventures Private Limited | 831 | 2,84,36,820 |
Key Terms of the Contract
- GST Inclusion: The order value includes 18% GST
- Payment Terms: 30% advance payment on delivery, with the balance due within 45 days of billing
- Delivery: To be executed in batches as per instructions
Business Implications
This order, received in the ordinary course of business, reflects the growing demand for 3C IT Solutions' products and services. The company views this as a reaffirmation of its commitment to providing high-quality solutions to organizations.
Regulatory Compliance
In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, 3C IT Solutions has filed an intimation with the BSE Limited regarding this development.
Additional Information
- The transactions are not related party deals
- The company's promoters have no interest in the entities awarding the contract
- The purchase order is for domestic supply
3C IT Solutions continues to strengthen its position in the IT solutions sector. This latest order underscores the company's ability to secure significant contracts in the competitive IT hardware market.
Historical Stock Returns for 3C IT Solutions & Telecoms
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.00% | 0.0% | -11.64% | -14.13% | -40.80% | -54.12% |
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