SIRUS INFOTECH PVT LTD

Admin office: 381, Ganesh Nagar Main, Niwaru Road, Jhotwara, Jaipur-302012 (Raj.)
Phone: +919166136118, +918233436118, Email: management@sirusinfotech.in,
info@sirusinfotech.in CIN: U74999RJ2021PTC078155, TAN: JPRS24224E,
PAN: ABHCS3055J Website: www.sirusinfotech.in

Date: 19/06/2023

VIRTUAL EXCHANGE PROPOSAL

We appreciate the opportunity to present a proposal for the development and takeover of the
Virtual Exchange Website and accompanying Android web app and website link for iOS. As
Sirus Infotech, we are a leading IT startup recognized by Startup India (DIPP 105122), and we
are committed to delivering exceptional results while meeting your project needs.

Project Overview:

Sirus Infotech proposes the development of a virtual exchange platform that will facilitate
trading activities in the financial markets. The platform will incorporate role-based permissions
to ensure secure access and appropriate functionality for different user roles. This proposal
outlines the key modules and features of the platform.

The project involves the development of a Virtual Exchange platform that allows users to
engage in virtual trading of stocks. The platform will consist of a website and web application
for Android and web link for iOS devices.

Our Proposal:

1. Assessment and Requirements Gathering:

of the project shared by you.

insights and
refine the project scope.

2. Technical Analysis and Solution Design:

al analysis to identify any gaps

or areas for improvement.

industry best
practices and your business objectives.

3. Development and Testing:

 development team, we will execute the development tasks as
per the agreed-upon project scope.

functionality,
security, and scalability.

ented to identify and resolve any issues, ensuring

a seamless user experience.

4. User Interface and User Experience (UI/UX) Design:

the website
and mobile applications.

engagement.

5. Deployment and Support:

ed, we will deploy the Virtual Exchange platform

on your preferred hosting environment or if you need hosting and cloud services from our end
we are open for the discussion.

6. Timelines and Budget:

ated timelines from our end we are capable

to deliver the project within 1.5-2 months and the detailed roadmap attached.

quote you a
budget of Rs200000/- (which will include the development of website development, web
application for android and website link for iOS).

Payment Terms:

These are general payment terms, and we are open to discussing any specific requirements or
adjustments you may have. Our aim is to ensure transparency, fairness, and mutual
satisfaction throughout the project engagement.

1. 30% of the amount has to be deposited as security amount and for the commencement of
Project.

2. 20% after completion of first phase (that is mentioned in the roadmap)

3. 30% once the project reach to the completion phase.

4. 20% before delivering the projects and aligning it with the cloud and hosting services.

Annual maintenance charges will be approximately Rs15000/year, in which bug fixing and
glitches will be carried out and in case of any updations you will be charged accordingly.
Platform Modules and Features:

1. Admin Module:

- Full permission and control over every module in the platform.

2. Subadmin Module:

- Restricted access to trade modification functionality.

3. Master Module:

- Ability to generate new user IDs.

- No trade modification privileges.

4. Submaster Module.(Role will be discussed on call later as per discussion)

5. Agent Module.( Role will be discussed on call later as per discussion)

6. User Module.( Role will be discussed on call later as per discussion)

7. Market Module:

- Integration of NSE (National Stock Exchange) Future and Options market.

- Integration of MCX (Multi Commodity Exchange) market.

Platform Functionality:

1. Trade Modification:

- Resetting trades.

- Creating new trades on behalf of users.

- Deleting user trades.

- Viewing all trades, holdings, and wallet balances of all users.

- Non-modifiable trade timestamp when admin modifies the trade.

2. Wallet Balance:

- Viewing wallet balances of any user.

- Adding and reducing user balances.

3. Duplicate Trade Avoidance:

- Highlighting and flagging trades with the same script, price, and timestamp from multiple
users.

4. Terminal Module:

- Detailed functionality to be discussed.

5. Trade History:

- Admin can view all trades of a specific user or any role.

- Masters can view only their user's trade history and their agent's history.

- Users can view only their own trade history.

- Agents can view only their user's trade history.

6. Commission:

- Configurable commission structure for admins, subadmins, masters, and other users.

7. Reports:

- Daily reports displaying total credits, debits, and profit/loss for all users.

- Weekly settlements generated every Friday at specific times for different markets.

8. Traders Module:

- Carry forward of uncompleted trades to the next day when the market closes.

9. Market Dashboard:

- Displaying market index rates.

- Displaying favorite script rates for users.

- Admin ability to ban specific scripts from trading.

10. Margin for Accounts:

- Detailed information to be discussed.

11. User & Password:

- Admin can create multiple user roles and assign permissions.

 - Two-factor authentication for admin users only.

- Password reset functionality for admin and master users.

The objective of this project is to develop a virtual exchange platform that allows users to trade
and manage various assets. This project proposal outlines the timeline and development
phases for achieving the desired outcome.

Project Timeline and Development Phases:

Phase 1: Discovery and Planning (15 Days)

- User side development:

- User login and registration functionalities.

- Implementation of secure encryption (MD5 with MySQL) for data protection.

- Admin login and user management features.

- User account settings, including profile picture, account details, and password recovery.

- Admin backend functionalities and user dashboard with graphical representation.

- Presentation of a functional demo without frontend design.

Phase 2: Development and Implementation (30 Days)

- Front-end Development:

- Comprehensive development of the frontend components.

- Back-end Development:

- Development of server-side logic and business processes using Node.js as the backend
framework.

- Integration of database and data management functionalities.

- Implementation of user transactions, trade execution, and data management.

- API Development:

- Integration and testing of all required APIs.

 - Integration of paid APIs based on client subscriptions.

- Implementation Reporting Meeting:

- Multiple meetings to demonstrate the progress and make necessary modifications.

Phase 3: Refinement and Deployment (15 Days)

- User Interface Enhancement:

- Refinement and configuration of the user interface for mobile and tablet views.

- Performance Optimization:

- Code optimization and caching mechanisms to address performance bottlenecks.

- Load testing to ensure the application can handle expected traffic.

- Bug Fixes and Quality Assurance:

- Addressing reported bugs and performing thorough quality assurance checks.

- Final testing across different devices, browsers, and operating systems.

- Deployment and Go-Live:

- Advanced notice of 5 days required for deployment and server setup.

- Web services costs to be borne by the client.

- Modifications after going live will be charged separately (excluding functionality bugs).

- Mobile web application development will commence after project deployment (3 days).

Important Summary:

1. Review the document carefully and notify us if any points do not align with your terms.

2. Client interaction will be necessary during Phase 2 development hours.

3. Design modifications will be considered until deployment, while backend and functionality
modifications will be considered until the end of Phase 2 (exceptions for bugs or system
failures).

4. Payment-related actions will be discussed and agreed upon with the client.

5. Timely payments are expected as per the agreed terms.

Conclusion:

The proposed virtual exchange platform by Sirus Infotech will provide a secure and feature-rich
environment for trading activities. The role-based permissions ensure that each user has
appropriate access and functionality based on their assigned role. The platform's modules and
features will enhance trading efficiency, reporting capabilities, and user management. We have
carefully reviewed your requirements and are committed to delivering a successful project. We
appreciate your trust in our capabilities. These documents will provide a clear understanding of
how we plan to execute the project and ensure effective communication between us.

We believe that we can deliver your project with Full efficiency within the time period of
maximum 1.5-2 months from the date of Starting. We also assure that our customer support will
always be available to answer your queries. We believe that you will give an opportunity to
serve you with full trust and understanding.

We request you to please have a look over the proposal and pricing and we request you to
please revert back to us and give an opportunity to serve you.

We look forward to collaborating with you on this project and delivering a virtual exchange
platform that meets your requirementsThe specimen digital signature is attached with the pdf.
Note: I/We hereby declare that we accept all terms & condition mentioned in annexure of company.

MILAN Digitally signed

by MILAN VATS

VATS
Date: 2023.06.19
19:20:31 +05'30'