M/s Ramesh Kumar Bansal Emerges L1 for ₹149.5 Cr Ujjain Road Project with ₹131.7 Cr Bid
Financial Evaluation Key Takeaways
- ✓ M/s Ramesh Kumar Bansal is the L1 bidder with a ₹131.7 Cr quote.
- ✓ Project estimated value is ₹149.5 Cr for road construction in Ujjain.
- ✓ Four bidders participated; three qualified for financial opening.
- ✓ VELJI RATNA SORATHIA INFRA PVT. LTD and Dineshchandra R Agrawal Infracon Pvt. Ltd. ranked L2 and L3.
- ✓ P.D.AGRAWAL INFRASTRUCTURE LTD. was disqualified at technical stage.
- ✓ Tender issued by Directorate of Town And Country Planning via EPROCURE.
M/s Ramesh Kumar Bansal has emerged as the L1 (lowest) bidder with a ₹131.7 Cr quote for the ₹149.5 Cr road construction project in Ujjain, Madhya Pradesh, tendered by the Directorate of Town And Country Planning. Four firms participated in the competitive bidding process.
In a significant development for Ujjain's infrastructure, M/s Ramesh Kumar Bansal has emerged as the L1 (lowest) bidder for the construction of the proposed road of Block 1B (Package 2) in Ujjain, Madhya Pradesh. The tender, floated by the Directorate of Town And Country Planning, attracted strong competition from leading civil contractors.
The financial bids were opened on 8 June 2026, with four bidders vying for the ₹149.5 crore project. M/s Ramesh Kumar Bansal submitted the lowest bid at ₹131.7 crore, positioning itself as the front-runner for the contract, pending final award.
The Award
M/s Ramesh Kumar Bansal has emerged as the L1 (lowest) bidder with a qualified and accepted financial bid of ₹131.7 crore for the Directorate of Town And Country Planning's proposed road construction project in Block 1B (Package 2) at Ujjain. The contract, valued at an estimated ₹149.5 crore, is yet to be formally awarded.
Bidders (4)
About the Project
- Project involves construction of the proposed road for Block 1B (Package 2) in Ujjain.
- Tender issued by Directorate of Town And Country Planning, Madhya Pradesh.
- Procurement conducted via EPROCURE platform.
- Project estimated value is ₹149.5 crore.
Why It Matters
This result highlights robust competition among top civil contractors for a major road infrastructure project in Ujjain, promising improved connectivity and urban development.
With M/s Ramesh Kumar Bansal emerging as the L1 bidder, the Directorate of Town And Country Planning is set to move closer to awarding a key road project for Ujjain. The final contract award will be closely watched by industry stakeholders.
