Tender Notice for Safes (V2) as per IS 550 in THIRUVANANTHAPURAM, KERALA
Bid Publish Date
11-Jul-2025, 4:14 pm
Bid End Date
01-Aug-2025, 4:00 pm
EMD
₹17,00,000
Value
₹8,70,00,000
Location
Progress
RACanara Bank invites bids for Safes (V2) as per IS 550 (Q2) in THIRUVANANTHAPURAM, KERALA. Quantity: 250. Submission Deadline: 01-08-2025 16: 00: 00. Submit your proposal before the deadline.
Technical Results
| S.No | Seller | Item | Date | Status |
|---|---|---|---|---|
| 1 | GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED Under PMA | Make : GODREJ SECURITY SOLUTIONS Model : GODREJ 61-DEFENDER PRIME SAFE CLASS BB | 31-07-2025 12:16:33 | |
| 2 | GUARDWEL INDUSTRIES PRIVATE LIMITED Under PMA | Make : Guardwel Model : Guardwel Safe BB cls 1340 | 01-08-2025 12:17:02 | |
| 3 | GUNNEBO INDIA PRIVATE LIMITED Under PMA | Make : GUNNEBO Model : MAGNA SIZE 5 SAFE 2KL (IS:550 CLASS BB) - 7S | 01-08-2025 14:24:26 | |
| 4 | METHODEX SYSTEMS PRIVATE LIMITED Under PMA | Make : METHODEX Model : METHODEX JS 61BB CLASS 8SHELF 16LOOSTRAY 2DR BIO | 31-07-2025 14:40:34 | |
| 5 | MIRARBINDO ENGINEERING PRIVATE LIMITED Under PMA | Make : BMS Model : BMS SAFE 1340 BB CLASS WITH 16 TRAYS | 01-08-2025 15:09:10 | |
| 6 | SAFE AND SECURITY SYSTEMS Under PMA | Make : Safeage Model : SafeAge Class BB 61'' Gold Loan Safe Canara Bank | 27-07-2025 17:22:37 |
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 |
|---|---|---|---|
| L1 | METHODEX SYSTEMS PRIVATE LIMITED(MII) Under PMA Winner | ₹10,91,25,000 | Item Categories : Safes (V2) as per IS 550 |
| L2 | GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED (MII) Under PMA | ₹10,98,00,000 | Item Categories : Safes (V2) as per IS 550 |
| L3 | GUNNEBO INDIA PRIVATE LIMITED (MII) Under PMA | ₹11,02,64,750 | Item Categories : Safes (V2) as per IS 550 |
🎉 L1 Winner
METHODEX SYSTEMS PRIVATE LIMITED(MII) Under PMA
Final Price: ₹10,91,25,000
Contract / Result Documents 3
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Reverse Auction Schedule
Start
23-Aug-2025, 8:00 pm
End
27-Aug-2025, 3:00 pm
Duration: 91 hours
Reverse Auction Document
✅ RA concluded. Check financial results for final rankings.
Tender Data
Bid Details
Quantity
250
Bid Type
Two Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
RA Qualification Rule
H1-Highest Priced Bid Elimination
Tech Clarification Time
2 Days
Requirements
Min. Avg. Annual Turnover
400
OEM Avg. Turnover
1700
Past Performance
80 %
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
Safes (V2) as per IS 550 (Q2)
Authority Records
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Documents 5
GeM-Bidding-8077234.pdf
Main Document
GeM Category Specification
GEM_CATEGORY_SPECIFICATION
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Required Documents
Experience Criteria
Past Performance
Bidder Turnover
Certificate (Requested in ATC)
OEM Authorization Certificate
OEM Annual Turnover *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