Order Book At ₹50 Crore: DEV IT Share Price Gains After Securing RajCOMP Order

Dev Information Technology Ltd (DEV IT) was seen trading up nearly 1% as of 1:12 PM on August 29, 2025. The movement came following an announcement that the company had secured a significant work order from RajCOMP Info Services Ltd, a Government of Rajasthan undertaking.

Details Of The New Order

The project, titled Portal Websites, involves the delivery of IT and software development services. DEV IT will enhance integrated web portals and applications to improve responsiveness and ensure mobile compatibility across government digital platforms.

The work will be executed using Adobe Experience Manager, along with related mobile application components, reinforcing DEV IT’s role in supporting large-scale government digital transformation.

Contract Size And Timeline

The total contract value is approximately ₹1.06 crore, with an estimated execution period of twelve months. The project has been structured as a fixed-cost contract, awarded by a domestic state entity.

Order Book Position of ₹50 Crore 

Alongside this new mandate, DEV IT continues to maintain an active order book of nearly ₹50 crore from various government entities across India. This demonstrates the company’s ongoing involvement in public sector IT modernisation.

DEV IT Share Price Performance

As of August 29, 2025, DEV IT share price was trading nearly 1% higher in intraday trade. The stock’s performance reflects positive investor sentiment following the announcement of the RajCOMP order and highlights the market’s recognition of the company’s growing order book position.

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Conclusion

The RajCOMP order further strengthens DEV IT’s presence in government-led digital initiatives. With an active order book of ₹50 crore, the company continues to build visibility in the IT services space.

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