Key Terms of the Engagement
Parties Involved: Nanta Tech Limited and Connplex Cinemas
Robot Model: Allbotix AT10 - Marketing & Delivery Robot
Total Units: 100 (One Hundred) Robots
Service Model: Robot-as-a-Service (RaaS) - Service Subscription Only
Deployment Plan: 10 Phases × 10 Units; one batch per month commencing June 2026
Monthly RaaS Fee: ₹240,000 per robot per month
Contract Tenure: 36 months from go-live of each unit
Payment Terms: Quarterly Advance - 3 months' fees for all deployed units, payable by 1st of each calendar quarter
Financial Details
Run-rate at Full Deployment: ₹40,00,000 per month
Quarterly Payment at Full Deployment: ₹1,20,00,000 per quarter
Indicative Total Contract Value: ₹14,40,00,000 (₹14.40 Crore) excluding GST
Operational Model
Under the RaaS model, Nanta Tech will manufacture, supply, deploy, and operate the Allbotix AT10 robots as a managed service. Full ownership of all hardware, embedded software, AI models, branding, and underlying intellectual property will remain with Nanta Tech Limited at all times. Connplex Cinemas will avail service usage rights on a subscription basis.
Important Qualifications
The deployment schedule is indicative and will be confirmed in the definitive Master Service Agreement (MSA) and Purchase Order (PO). Initial deployment activities may commence parallel based on mutual written consent.
Actual revenues arising from the arrangement shall depend upon purchase orders issued by the buyer from time to time, market demand and fulfilment of agreed commercial terms.
Management Commentary
Mr. Mayank Jani, Managing Director of Nanta Tech Ltd, commented: "This Letter of Intent with Connplex Cinemas marks a significant step in our RaaS commercialisation journey."
Company Background
Nanta Tech Limited, incorporated in June 2023, is an integrated technology solutions company operating through two core verticals: Audio-Visual (AV) and Robotics. The AV vertical encompasses AV integration services, while the Robotics vertical focuses on service robotics solutions with software and AI-driven capabilities.
Safe Harbour Statement
The document includes a standard safe harbor statement noting that forward-looking statements are based on assumptions and subject to risks and uncertainties including industry trends, economic environment changes, tax laws, litigation, labor relations, exchange rate fluctuations, technological changes, and other factors. The company does not undertake any obligation to update forward-looking statements.
Investor Relations Contact
Company Contact: Email: investors@nantatech.in, Tel: +91 9227088102
IR Agency: X-B4 Advisory
Contacts: Rasika Sawant (+91-9594457518, Rasika@x-b4.com) / Aagam Shah (+91-8850166932, Aagam@x-b4.com)