Disclosure of Receipt of Order Proposal amounting to USD 75,00,000 (Approx. INR 65 Crores) from Chixin Technology Co. Limited, Hong Kong.
Price
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Laddu Gopal Online Services Limited has received a 3-year order proposal worth USD 7,500,000 (approximately INR 65 crores) from Chixin Technology Co. Limited, a Hong Kong-based company, for providing digital media marketing services including SEO, social media marketing, PPC advertising, content marketing, email marketing, and website analytics. The contract runs from May 9, 2025 to May 8, 2028, with payments to be made monthly in USD by the 7th of each following month. The order represents a significant revenue opportunity, billed entirely in hard currency (USD) from an overseas client. However, all intellectual property created during the engagement will be owned by the client, and the agreement can be terminated by either party with just 30 days written notice.
This is a sizable export order in USD for a small-cap company, potentially providing a meaningful revenue stream over 3 years (roughly INR 21-22 crores per year). Investors should weigh the revenue upside against the risks: IP rights transfer to the client and the relatively short 30-day termination clause give the buyer significant flexibility to exit.