Progress
RAPublic procurement opportunity for Iocl- Panipat Refinery STEEL DRUMS AS PER RFQ ITEM 10 in PANIPAT, HARYANA. Quantity: 5000 issued by. Submission Deadline: 07-09-2026 15: 00: 00. View full details and respond.
These are the final prices after the reverse auction event. Prices may be lower than initial bids.
| Rank | Seller | Final Price | Item |
|---|---|---|---|
| L1 | EAST INDIA DRUMS AND BARRELS MANUFACTURING LIMITED(MSE,MII) Under PMA Winner | ₹1,44,40,550 | Item Categories : STEEL DRUMS AS PER RFQ ITEM 10 |
| L2 | VIMAL BARRELS PRIVATE LIMITED (MSE,MII) Under PMA | ₹1,64,70,000 | Item Categories : STEEL DRUMS AS PER RFQ ITEM 10 |
🎉 L1 Winner
EAST INDIA DRUMS AND BARRELS MANUFACTURING LIMITED(MSE,MII) Under PMA
Final Price: ₹1,44,40,550
Start
30-Sep-2026, 12:00 pm
End
01-Oct-2026, 5:00 pm
Duration: 29 hours
Reverse Auction Document
✅ RA concluded. Check financial results for final rankings.
Quantity
5000
Bid Type
Two Packet Bid
Bid Validity
120 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
RA Qualification Rule
H1-Highest Priced Bid Elimination
Tech Clarification Time
4 Days
EMD Required
No
MII Purchase Preference
Yes
MII Preference Band
L1+20%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Arbitration Clause
No
Mediation Clause
No
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
STEEL DRUMS AS PER RFQ ITEM 10
Advisory Bank
State Bank of India
ePBG Percentage
5%
ePBG Duration (Months)
20
Payment Timelines
Payments shall be made to the Seller within 30 days of issue of consignee receipt-cum-acceptance certificate (CRAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Max Delivery Days
365
Delivery Locations
1
Delivery Cities
Panipat
Delivery Pincodes
132140
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Yadwinder Singh | 132140,INDIANOIL CORPORATION LTD. PANIPAT REFINERY , PO. BOHALI , PANIPAT | Panipat | Haryana | 132140 | 5000 | 365 | - |
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Main Document
OTHER
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
Additional Doc 1 (Requested in ATC)
Additional Doc 2 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer