Career Point Secures ₹35.75 Crore in Work Orders from Maharashtra Govt.
Career Point Edutech Limited secured two work orders totaling ₹35.75 Crore from Maharashtra's MAHAJYOTI. The orders will provide JEE, NEET, and CET coaching to 6,500 students across 11th and 12th standards. Each program spans two years, with potential extensions. Services include online lectures, mentoring, and study materials.
The value of the work orders is substantial and represents a new business stream, but it is not a transformative event for the company's overall revenue.
The company has secured significant work orders, indicating business growth and expansion into new markets.
Career Point Edutech Limited has announced securing two work orders collectively valued at approximately ₹35.75 Crore from the Mahatma Jyotiba Phule Research and Training Institute (MAHAJYOTI), an autonomous body under the Government of Maharashtra.
These orders aim to deliver online coaching for JEE, NEET, and CET examinations to a total of 6,500 students. The scope includes a ₹18.15 Crore program for 3,000 students in the 11th standard and a ₹17.60 Crore program for 3,500 students in the 12th standard. Each engagement is for a two-year term, with an option for annual extension up to two additional years.
The services encompass live interactive online lectures, offline mentoring, digital study materials, online test practice, performance tracking, and the provision of tablets with data connectivity. Payments are structured in installments tied to course-completion milestones.
Mr. Pramod Kumar Maheshwari, Founder, Chairman & Managing Director of CPEDU, expressed pride in the partnership, highlighting the company's mission to make quality coaching accessible. He stated that these orders enable them to leverage their expertise for 6,500 students from the Other Backward Bahujan Welfare Department category in Maharashtra, integrating various learning tools. He also conveyed gratitude to MAHAJYOTI and the Government of Maharashtra for their trust.
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Career Point Edutech Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Career Point Edutech Limited. Read the original for the full detail.