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Invitation to Bid - Cotton Yarn Waste (V2) as per IS 5485 in VISAKHAPATNAM, ANDHRA PRADESH

Bid Publish Date

20-Jan-2025, 12:44 pm

Bid End Date

17-Feb-2025, 9:00 am

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Progress

RA
Issue20-Jan-2025, 12:44 pm
Reverse AuctionCompleted
Award28-May-2025, 12:54 pm
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Quantity

40000

Bid Type

Two Packet Bid

Categories 1

Rashtriya Ispat Nigam Limited announces a tender for Cotton Yarn Waste (V2) as per IS 5485 (Q3) in VISAKHAPATNAM, ANDHRA PRADESH. Quantity: 40000. Submission Deadline: 17-02-2025 09: 00: 00. Last date to apply is approaching fast!

Additional Tender Data

Commercial Details

Tender Category

Goods

Bid To RA

No

Bid To RA Enabled

Yes

Item Category

Cotton Yarn Waste (V2) as per IS 5485 (Q3)

Authority Records

MINISTRY OF STEEL

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Bid Preparation GeM Registration Document Filing

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Documents 3

GeM-Bidding-7388942.pdf

Main Document

GeM Category Specification

GEM_CATEGORY_SPECIFICATION

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Required Documents

1

Certificate (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

2

the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer

Corrigendum Updates

1 Update
#1

Update

10-Feb-2025

Extended Deadline

17-Feb-2025, 9:00 am

Opening Date

17-Feb-2025, 9:30 am

Reverse Auction Schedule

Completed

Start

13-May-2025, 5:00 pm

End

14-May-2025, 5:00 pm

Duration: 24 hours

Reverse Auction Document

✅ RA concluded. Check financial results for final rankings.

Technical Results

S.No Seller Item Date Status
1
ABS ENTERPRISES   Under PMA
Make : NA Model : 777S06-02-2025 21:11:12
2
ALTAAS TEXTILES PRIVATE LIMITED   Under PMA
Make : NA Model : ATC24-01-2025 13:38:45
3
BATTERY CENTRE   Under PMA
Make : NA Model : MTW05-02-2025 13:21:00
4
calibre traders   Under PMA
Make : NA Model : srinivas17-02-2025 00:11:57
5
DEFPRO GLOBAL PRIVATE LIMITED   Under PMA
Make : NA Model : ATC17-02-2025 08:38:11
6
KOHINOOR TEXTILE WASTE   Under PMA
Make : CWKOHINOOR--KOHINOOR TEXTILE WASTE Model : Cotton Waste White06-02-2025 13:08:51
7
MUMBAI TEXTILE WASTE   Under PMA
Make : NA Model : 777S30-01-2025 10:54:28
8
N J CORPORATION   Under PMA
Make : NA Model : MTW03-02-2025 10:36:35
9
SATVIK ENTERPRISES INDIA   Under PMA
Make : NA Model : 777S06-02-2025 11:24:29
10
SHANTI TEXTILES   Under PMA
Make : NA Model : ATC06-02-2025 18:51:28
11
SHIV SHAKTI ENTERPRISES   Under PMA
Make : NA Model : srinivas12-02-2025 18:38:32
12
SHRI SWAMI SAMARTH TRADERS   Under PMA
Make : NA Model : 777S15-02-2025 11:50:21
13
SRI VASAVI ENTERPRISES   Under PMA
Make : NA Model : 777S21-01-2025 17:54:01
14
V. LINGIAH & CO.   Under PMA
Make : NA Model : MTW30-01-2025 15:22:32
15
VEERA HOME TEX (INDIA) PRIVATE LIMITED   Under PMA
Make : NA Model : VHT-CYW-086-2424-01-2025 14:39:06
16
WEST INDIA MANUFACTURING COMPANY   Under PMA
Make : NA Model : ATC14-02-2025 10:27:51

Reverse Auction Results Final Prices

These are the final prices after the reverse auction event. Prices may be lower than initial bids.

Rank Seller Final Price Item
L1ABS ENTERPRISES(MII)   Under PMA Winner ₹15,42,400Item Categories : Cotton Yarn Waste (V2) as per IS 5485
L2DEFPRO GLOBAL PRIVATE LIMITED (MII)   Under PMA₹15,44,000Item Categories : Cotton Yarn Waste (V2) as per IS 5485
L3N J CORPORATION (MII)   Under PMA₹15,47,200Item Categories : Cotton Yarn Waste (V2) as per IS 5485
L4SHANTI TEXTILES (MII)   Under PMA₹15,52,000Item Categories : Cotton Yarn Waste (V2) as per IS 5485
L5V. LINGIAH & CO. (MII)   Under PMA₹18,90,000Item Categories : Cotton Yarn Waste (V2) as per IS 5485
L6KOHINOOR TEXTILE WASTE (MSE,MII)   Under PMA₹19,32,000Item Categories : Cotton Yarn Waste (V2) as per IS 5485
L7VEERA HOME TEX (INDIA) PRIVATE LIMITED (MII)   Under PMA₹21,00,000Item Categories : Cotton Yarn Waste (V2) as per IS 5485
L8MUMBAI TEXTILE WASTE (MII)   Under PMA₹23,74,800Item Categories : Cotton Yarn Waste (V2) as per IS 5485
L9ALTAAS TEXTILES PRIVATE LIMITED (MII)   Under PMA₹31,49,600Item Categories : Cotton Yarn Waste (V2) as per IS 5485
L10SHIV SHAKTI ENTERPRISES (MII)   Under PMA₹33,19,600Item Categories : Cotton Yarn Waste (V2) as per IS 5485

🎉 L1 Winner

ABS ENTERPRISES(MII)   Under PMA

Final Price: ₹15,42,400

Contract / Result Documents 2

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Frequently Asked Questions

Key insights about ANDHRA PRADESH tender market

What are the eligibility requirements for GEM/2025/B/5830994?

The eligibility requirements include being a registered entity compliant with local laws. Bidders must fulfill specific experience or turnover criteria, along with submission of necessary certificates as outlined in the tender's Additional Terms and Conditions. If seeking an exemption from the experience or turnover criteria, supporting documents must be provided to prove eligibility for evaluation purposes.

What technical specifications must the cotton yarn waste adhere to?

The cotton yarn waste must comply with the IS 5485 standard, which ensures quality and consistency. Bidders are required to furnish documentation demonstrating adherence to these technical specifications. Non-compliance could result in disqualification during the evaluation phase, hence it’s essential that all products meet these defined quality standards.

What are the financial requirements for participating in the bid?

Financial requirements necessitate that bidders submit a detailed financial proposal, including pricing and assurances concerning adherence to payment terms. This includes provisions for performance security to guarantee contract fulfilment. The evaluation will also consider these financial elements in assessing each bid's viability.

How should proposals be submitted and what formats are accepted?

Proposals must be submitted electronically through the specified portal in the tender documentation. Accepted document formats include PDF and standard electronic formats, ensuring all necessary paperwork, certificates, and proofs of eligibility are included. Incomplete submissions may not be considered during evaluations.

What benefits do Micro, Small, and Medium Enterprises (MSEs) receive from this tender?

Micro, Small, and Medium Enterprises (MSEs) can benefit from special provisions within the tender process, including potential exemptions from certain criteria to promote inclusive participation. This aligns with the government's initiative under the 'Make in India' policies, aimed at encouraging local manufacturing and engagement from smaller units in government procurements. Bidders are encouraged to explore these provisions for enhanced competitiveness.