Bid Publish Date
13-Apr-2026, 12:09 pm
Bid End Date
23-Apr-2026, 1:00 pm
EMD
₹1,21,436
Value
₹60,71,784
Location
Progress
RAQuantity
37200
Bid Type
Two Packet Bid
Security Printing And Minting Corporation Of India Limited (SPMCIL), under the Department Of Economic Affairs, invites bids for procurement related to Complex Modified High Phenolic Resin at Dewas, Madhya Pradesh 455001. The estimated contract value is ₹6,071,784.00 with an EMD of ₹121,436. The tender allows a 30% minimum delivery lead time adjustments via the option clause, and the buyer may shift up to 25% of bid quantity during contract execution. Bidders must ensure hardcopy EMD submission within 5 days of bid end/opening. The GST implications are bidder-borne with reimbursement as per actuals or capped by quoted rate. Unique terms apply to EMD formats including DD, FDR, or BC.
Product: Complex Modified High Phenolic Resin
Estimated value: ₹6,071,784.00
EMD: ₹121,436
Delivery: as per option clause (up to 25% quantity variation)
EMD submission formats: DD, FDR, BC payable at Dewas
GST: bidder bears applicable GST; reimbursement as actuals or at quoted rate
Option clause allows up to 25% quantity variation during contract
EMD must be submitted via DD/FDR/BC and hardcopy delivered within 5 days
GST will be reimbursed at actuals or as per quoted rate, whichever is lower
GST payable by bidder; reimbursement limited to actuals or quoted GST; delivery and payment terms aligned with GeM guidelines
Delivery period adjusts with option clause; minimum 30 days for additional time; base delivery timeline from last date of original DO
LD/penalty terms to be as per GeM/Government procurement norms; specifics not detailed in available data
Proven experience in supply of chemical resins or related materials
Demonstrated GST compliance and financial stability documentation
Ability to submit EMD in approved formats and provide hardcopy within 5 days
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
Complex Modified High Phenolic Resin
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Main Document
TECHNICAL
OTHER
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
Security Printing And Minting Corporation Of India Limited (spmcil)
DEWAS, MADHYA PRADESH
Security Printing And Minting Corporation Of India Limited (spmcil)
N/a
N/a
N/a
Tender Results
Loading results...
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates / similar project proof
Financial statements (audited if available)
EMD submission proof (DD/FDR/BC) and scanned copy
Technical bid documents and compliance certificates (if any)
OEM authorizations (if applicable)
Start
06-May-2026, 1:00 pm
End
07-May-2026, 1:53 pm
Duration: 25 hours
Reverse Auction Document
✅ RA concluded. Check financial results for final rankings.
| S.No | Seller | Item | Date | Status |
|---|---|---|---|---|
| 1 | ATUL POLYCHEM Under PMA | Make : complex Model : COMPLEX MOD PH RESIN Title : Complex Modified High Phenolic Resin | 22-04-2026 17:39:57 | |
| 2 | CHERRY PAINTS AND POLYMERS PVT LTD Under PMA | Make : Unbrand Model : Complex Modified High Phenolic Resin Title : Complex Modified High Phenolic Resin | 18-04-2026 14:13:58 | |
| 3 | KWALITY CHEMICAL INDUSTRIES PRIVATE LIMITED Under PMA | Make : OWN Manufacture Model : KWALITY Complex Modified High% Phenolic Resin Title : Complex Modified High Phenolic Resin | 23-04-2026 10:21:26 |
These are the final prices after the reverse auction event. Prices may be lower than initial bids.
| Rank | Seller | Final Price | Item |
|---|---|---|---|
| L1 | KWALITY CHEMICAL INDUSTRIES PRIVATE LIMITED(MII) Under PMA Winner | ₹84,65,976 | Item Categories : Complex Modified High Phenolic Resin |
| L2 | CHERRY PAINTS AND POLYMERS PVT LTD (MSE,MII) Under PMA | ₹84,76,020 | Item Categories : Complex Modified High Phenolic Resin |
| L3 | ATUL POLYCHEM (MSE,MII) Under PMA | ₹93,00,000 | Item Categories : Complex Modified High Phenolic Resin |
🎉 L1 Winner
KWALITY CHEMICAL INDUSTRIES PRIVATE LIMITED(MII) Under PMA
Final Price: ₹84,65,976
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Key insights about MADHYA PRADESH tender market
Bidders must submit GST, PAN, financials, and experience certificates, plus EMD in DD/FDR/BC and upload scanned proofs. The delivery terms rely on the option clause enabling up to 25% quantity variation. Ensure hardcopy EMD reaches Dewas within 5 days of bid end/opening; GST is reimbursed as actuals or at quoted rate.
Required documents include GST certificate, PAN, audited financial statements, experience certificates for similar projects, EMD proof (DD/FDR/BC), technical bid documents, and OEM authorizations if applicable. All documents must be uploaded with the bid; hardcopies must be delivered within 5 days.
Delivery is governed by the option clause allowing up to 25% quantity variation during contract. The additional delivery time is calculated as (Increase/Original) × Original delivery period, with a minimum of 30 days; extension capped to the original delivery period.
The EMD amount is ₹121,436. EMD can be submitted via Demand Draft, Fixed Deposit Receipt, or Banker’s Cheque payable at Dewas; scanned proof must accompany bid and hardcopies delivered within 5 days.
No explicit product standards are listed in the available data. The tender emphasizes EMD formats, GST handling, and option-based delivery. Bidders should ensure compliance with applicable government procurement norms and any OEM requirements if specified in the bid documentation.
GST is bidder-borne; reimbursement will be at actuals or as per the quoted GST rate, whichever is lower. Bidders must quote GST correctly and maintain compliance documents to support reimbursement during settlement.
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Main Document
TECHNICAL
OTHER
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS