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Raminfo receives LOA from AP-AGROS

29 May 2020 Evaluate

Raminfo has received a Letter of Award (LOA) from Andhra Pradesh State Agros Industries Development Corporation (AP-AGROS), (A GOVT. UNDERTAKING) to provide logistics service for running agri input shops by 'AP-AGROS' in the state of Andhra Pradesh. The said Project is first initiative in itself therefore valuation of the project is not possible at present; the company is expecting revenue of Rs 10 crore approximately. The contract period is initially for 3 years subject to review of performance every year as per the terms and condition of the Tender schedule.

The project to be executed along with consortium partners RCI Logistics & Varad Agri Tech, where company’s share is 66.66%.

Raminfo is one of the leading providers of technology solutions for some of the premier organisations across Government, Banking, Insurance, and Retail sectors.

Peers
Company Name CMP
TCS 2089.00
Infosys 1014.80
HCL Technologies 1255.10
Wipro 164.85
Tech Mahindra 1561.30
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