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Mahanadi Coalfields Limited BRLM Listing Consultancy Tender Sambalpur Odisha 2026 – Milestone/Deliverable Based Hybrid

Bid Publish Date

30-May-2026, 2:55 pm

Bid End Date

22-Jun-2026, 10:00 am

EMD

₹50,00,000

Value

₹82,60,00,000

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Progress

Issue30-May-2026, 2:55 pm
Corrigendum14-Jun-2026
AwardPending
Explore all 3 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • BRLM listing consultancy for MCL in Sambalpur, Odisha
  • Hybrid engagement model with milestone/deliverable payments
  • Estimated contract value ₹826,000,000 and EMD ₹5,000,000
  • Contract quantity/duration may change up to 25% per ATC
  • No BOQ items published; emphasis on milestones and regulatory readiness
  • ATC and SLA documents uploaded for detailed terms
  • Experience in stock exchange listings and regulatory compliance required

Tender Overview

Mahanadi Coalfields Limited (Coal India Limited department) seeks BRLMs for listing of MCL under a milestone/deliverable-based engagement, executed in a hybrid model per scope. The procurement location is SAMBALPUR, ODISHA 768001 with an estimated contract value of ₹826,000,000 and an EMD of ₹5,000,000. The bid covers advisory and underwriting services required to support a stock market listing, with no BOQ items published. The tender emphasizes scope alignment with milestone outcomes and flexible contract duration per ATC terms. This opportunity targets qualified financial advisors with listing experience and regulatory compliance capabilities in eastern India. Key differentiator is the hybrid delivery approach combining advisory milestones with deliverable-based payment triggers.

Technical Specifications & Requirements

  • Organization: Mahanadi Coalfields Limited for BRLM listing services in Sambalpur, Odisha.
  • Estimated value: ₹826,000,000; EMD: ₹5,000,000.
  • Engagement model: Hybrid (as per scope of work); milestones/deliverables drive payments.
  • BOQ items: Not published; no itemized quantities.
  • Specifications available: None published; tender focuses on consulting milestones and regulatory readiness rather than product specs.
  • Delivery context: Listing readiness, regulatory filings, corporate governance alignment, and investor communications.
  • Experience expectations: Prior listing advisory in similar sectors is implied; precise years/turnover are not disclosed.
  • ATC/SLAs: Documents uploaded; refer to accompanying ATC and SLA attachments for performance metrics.
  • Brand/OEM: Not applicable; service-oriented engagement.

Terms, Conditions & Eligibility

  • EMD: ₹5,000,000 (to be submitted along with bid).
  • Contract flexibility: Buyer may adjust contract duration/quantity up to 25% during issue and post-award per Generic clause 25.
  • Delivery/payment terms: Specific terms not disclosed in summary; ATC documents govern conditions.
  • Documents required: GST, PAN, experience certificates, financials, EMD submission, and technical/compliance documents as per ATC.
  • ATC SLA: Refer to uploaded ATC file for service levels and penalties if any.
  • Eligibility: Prior listing advisory capabilities and regulatory compliance are essential; explicit numeric thresholds not stated.
  • Compliance: Vendors must adhere to scope-of-work and milestone-based payment triggers per contract amendments.

Key Specifications

  • BRLM listing services for MCL (Sambalpur, Odisha)

  • Estimated value: ₹826,000,000

  • EMD: ₹5,000,000

  • Engagement: Hybrid (scope-based milestones)

  • No published BOQ items

  • ATC/SLA attachments govern detailed performance metrics

Terms & Conditions

  • EMD amount and submission method as per ATC

  • Contract quantity/duration adjustments up to 25%

  • Milestone/deliverable payment structure governed by scope

Important Clauses

Payment Terms

Milestone-based payments aligned to deliverables; exact terms in ATC.

Delivery Schedule

Delivery milestones defined in scope; flexibility up to 25% per contract terms.

Penalties/Liquidated Damages

Penalties, if any, described in ATC/SLA attachments.

Bidder Eligibility

  • Proven experience in stock market listings and BRLM advisory

  • Compliance with regulatory requirements and corporate governance standards

  • Financial viability evidenced by audited statements and turnover capacity

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Hiring of Consultants - Milestone/Deliverable Based - Engagement of BRLMs for listing of MCL; As per bid document; No; Hybrid(As specified in scope of work)

Authority Records

MINISTRY OF COALCOAL INDIA LIMITED

BID & GeM Expert Consultancy

End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.

Bid Preparation GeM Registration Document Filing

Free consultation · 24h response

Documents 9

GeM-Bidding-9398978.pdf

Main Document

Scope Of Work Document

SCOPE_OF_WORK

Other Documents

OTHER

Payment Terms & Condition

PAYMENT

Other Documents

OTHER

Other Documents

OTHER

Buyer uploaded ATC document

ATC

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Required Documents

1

GST Registration Certificate

2

Permanent Account Number (PAN) Card

3

Experience certificates of similar listing advisory projects

4

Audited financial statements for last 3 years

5

EMD submission proof (DD/online transfer receipt)

6

Technical bid documents demonstrating regulatory compliance capability

7

OEM/lead advisor authorizations (if applicable)

8

Any other documents specified in terms and conditions/ATC

Corrigendum Updates

3 Updates
#1

Update

14-Jun-2026
#2

Update

14-Jun-2026

Extended Deadline

22-Jun-2026, 10:00 am

Opening Date

22-Jun-2026, 10:30 am

#3

Update

05-Jun-2026

Frequently Asked Questions

Key insights about ODISHA tender market

How to bid for BRLM listing tender in Sambalpur Odisha 2026?

Bidders must submit GST, PAN, experience certificates, financials, and EMD ₹5,000,000 along with technical/compliance documents per ATC. The engagement is hybrid with milestone payments; ensure prior listing advisory experience and regulatory compliance capabilities are demonstrated in the bid.

What documents are required for MCL BRLM tender in Odisha?

Required documents include GST registration, PAN, audited financials, experience certificates for listing services, EMD submission proof, and detailed technical bid demonstrating regulatory compliance. OEM authorizations or lead advisor credentials should be provided if applicable per ATC.

What are the payment terms for the BRLM listing contract in Sambalpur?

Payment terms are milestone-based under the hybrid engagement; exact triggers and schedule are defined in the ATC/SLA attachments. Ensure readiness to meet defined deliverables and associated payment milestones as per scope.

What standards or certifications are required for BRLM services?

While no numeric standards are listed in the summary, bidders should demonstrate regulatory compliance capability, and listing advisory experience; IS or equivalent certifications may be referenced in ATC. Verify IS/ISO-like governance expectations in the tender attachments.

When is the EMD and tender submission deadline for Odisha BRLM bid?

The EMD amount is ₹5,000,000; submission deadlines are specified in the ATC attachments. Prepare all documents in advance, ensure online or DD payment, and submit with the technical bid as per the tender terms.

What is the estimated contract value for the MCL BRLM tender?

The estimated contract value is ₹826,000,000, reflecting the scale of milestone/deliverable-based BRLM advisory services required to support listing of MCL in Odisha.

What are the eligibility criteria for BRLM consultants in this tender?

Eligibility emphasizes proven listing advisory experience, regulatory compliance readiness, and financial viability supported by audited statements; no explicit years/turnover figures are listed in the excerpt—details are in ATC.

How to access the ATC and SLA documents for this tender?

ATC and SLA are provided as file attachments in the tender portal. Click the attachments section to review conditions, performance metrics, milestones, and any penalties before bidding.

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