Dev Information Technology (NSE:DEVIT, BOM:543462) has bagged an order worth 12.9 million Indian rupees from the National Informatics Centre Services Incorporated to develop an integrated financial management system, according to a Tuesday filing to the Indian stock exchanges.

The company has been contracted to develop the IFMS to manage the state finance system, which includes pension management, employee management, works accounts management, salary bills, and budget management, among others.

The project is scheduled to be executed in two to three months.

The company's shares were up over 5% in recent trade.