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Financials of Paymate India Limited are updated for 2021

Financials of Parry Agro Industries Limited Unlisted Shares are updated for 2024

List of Shareholders of GreenZon Energy as on 31.03.2023

Private Placement of 6,34,250 Shares at INR 418/Share

Private Placement of 1,58,922 Shares at INR 418/Share

Financials of RNIT Solutions & Services Unlisted Shares are updated for 2023

Financials of RNIT Solutions & Services Unlisted Shares are updated for 2021

Financials of RNIT Solutions & Services Unlisted Shares are updated for 2022

https://www.thehindu.com/news/national/telangana/facial-recognition-attendance-results-in-savings-for-ghmc/article68313276.ece

RNIT AI-Powered Facial Recognition: A Game Changer for GHMC 🤖

The Greater Hyderabad Municipal Corporation (GHMC) is making waves with its innovative use of Facial Recognition Systems (FRS)!  This technology has brought about some impressive results:

📈  Savings:
Annual expenditure on the RNIT FRS system has dropped from ₹1.93 crore to ₹67 lakh! 💸 
Overall wage expenditure has decreased from ₹33.5 crore to ₹31 crore, thanks to the elimination of fake attendance! 💰

👨‍💼  Improved Efficiency:
RNIT  FRS has made tracking the actual number of workers on the field easier, leading to more efficient staff deployment. 🗺️ 
Accurate attendance records allow for better resource allocation and planning. 📊

🤝  Transparency & Accountability:
RNIT FRS has eliminated the loopholes in the previous attendance system, ensuring transparency and accountability. 🔐 
The system has helped to identify and weed out fraudulent practices, promoting a fair and honest work environment.  🤝

#GHMC #FRS #Innovation #SmartCity #Telangana #Hyderabad

Expected Valuation of Spray Engineerring
 
The Estimated revenue of FY24 is INR 600 Cr+ and PAT of INR 50+ Cr. 

Total Share Outstanding after recent Pre-IPO round = ~2.5 Cr

Current Market Price in Unlisted = INR 550 per share

Mcap = 550*2.5 = ~INR 1400 Cr

P/E = 27x ( based on FY24 expected PAT of 50 Cr )