Praruh Technologies Limited has announced the receipt of a significant purchase order worth ₹322.50 lacs from RailTel Corporation of India Ltd., as disclosed under Regulation 30 of the SEBI Listing Regulations on December 31, 2025. The order represents a notable business development for the IT software company in the networking equipment supply sector.

Order Details and Scope

The purchase order encompasses the procurement of various networking equipment and infrastructure components for RailTel's operations in the Western Region. The comprehensive scope includes routers, switches, SFP modules, TP, racks, and other essential equipment required for customer delivery and project implementation.

Contract Terms and Execution

The supply contract is structured as a domestic order with a defined execution timeline of 120 days from the date of issuance of the Government e-Marketplace (GeM) Contract. This timeframe provides Praruh Technologies with a clear delivery schedule for fulfilling the comprehensive equipment procurement requirements.

The order specifically targets customer delivery and project implementation in the Western Region, indicating RailTel's infrastructure expansion and modernization efforts in this geographic area. The equipment portfolio covers critical networking components essential for telecommunications infrastructure development.

Corporate Governance and Compliance

Praruh Technologies has confirmed that the transaction maintains full compliance with corporate governance standards. The company disclosed that none of its promoters or promoter group entities have any interest in RailTel Corporation, ensuring transaction independence.

Strategic Significance

This order reinforces Praruh Technologies' position in the networking equipment supply market and strengthens its relationship with RailTel Corporation, a major telecommunications infrastructure provider. The contract demonstrates the company's capability to handle substantial equipment procurement projects and its alignment with government sector requirements through the GeM platform.

The disclosure was made by Managing Director Vishal Prakash (DIN: 09364754) in compliance with SEBI regulations, ensuring transparency for stakeholders and maintaining the company's commitment to regulatory adherence in all material business developments.

Praruh Technologies Limited (BSE SME: 544538) has announced its unaudited financial results for the half-year ended September 30, revealing a profit of ₹98.28 lakhs. The company, which recently completed its Initial Public Offering (IPO), has also provided insights into its listing and fund utilization.

Financial Performance

The company's board of directors approved the unaudited financial statements for the half-year ended September 30 in a meeting held on November 14. While the exact revenue figures were not disclosed, the reported profit of ₹98.28 lakhs indicates a positive financial performance for the period.

IPO and Listing Details

Praruh Technologies successfully completed its IPO, raising a total of ₹2,349.90 lakhs. Here are the key details of the offering:

Fund Utilization

The company has reported that no IPO proceeds were utilized before September 30. This is because the funds were received from the escrow account after the listing date of October 1. The planned allocation of the IPO proceeds, as per the company's disclosure, is as follows:

Audit Committee and Statutory Auditors' Opinion

The Audit Committee reviewed the statement of deviation or variation in the utilization of IPO funds and had no comments to make. Similarly, the statutory auditors, M/s STRG & Associates, Chartered Accountants, issued an unmodified opinion on the financial results, stating that nothing has come to their attention that causes them to believe that the financial results do not comply with applicable accounting standards and regulations.

Corporate Governance

In line with good corporate governance practices, Praruh Technologies has taken steps to strengthen its internal controls. The company is in the process of appointing M/s. Arora Prem & Associates, Chartered Accountants, as the Internal Auditors for the upcoming financial year, subject to board approval in the upcoming meeting.

Praruh Technologies' successful IPO and listing on the BSE SME platform mark a significant milestone for the company. As it moves forward with its growth plans, investors and market watchers will be keen to see how effectively the company utilizes its newly raised capital to drive future growth and profitability.