Bid Publish Date
01-Sep-2026, 6:21 pm
Bid End Date
26-Sep-2026, 7:00 pm
Value
₹2,50,00,000
Location
Progress
Kamarajar Port Limited in Chennai, Tamil Nadu invites proposals for the Engagement of Domestic Legal Counsel (DLC) for IPO, on a milestone/deliverable-based basis with a hybrid work model as specified in the scope of work. Estimated contract value is ₹2,50,00,000. The procurement emphasizes IPO advisory, regulatory compliance, and filing support through a domestic legal team. There are no BOQ items published, indicating a scope defined by milestones, deliverables, and milestones aligned to IPO phases. This tender requires a structured, results-driven legal consultancy capable of handling listing processes, disclosures, and regulatory filings in alignment with capital markets norms. Key differentiators include a clearly milestone-driven approach and a hybrid operating model to align with IPO timelines.
Domestic Legal Counsel for IPO engagement
Milestone/deliverable-based scope
Hybrid work model
Estimated value: ₹2,50,00,000
Chennai, Tamil Nadu location
IPO regulatory expertise and filings support
No published BOQ; rely on scope of work and milestones
Milestone-based compensation aligned to IPO deliverables
Hybrid operating model per scope of work
Review of ATC for submission and eligibility requirements
Payment linked to milestone completion; exact terms to be confirmed in ATC
Milestones tied to IPO processes; delivery dates to be detailed in scope of work
LD provisions to be described in ATC and scope; details not available in provided data
Proven experience in Indian IPO advisories and securities law
Demonstrated regulatory filing capabilities (DRHP/prospectus)
Capability to operate under hybrid (on-site/remote) delivery model
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
120 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
15 Days
EMD Required
No
MII Compliance
Yes
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Experience Required
7 Year (s)
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Hiring of Consultants - Milestone/Deliverable Based - Engagement of Domestic Legal Counsel (DLC) for IPO; Engagement of Domestic Legal Counsel (DLC) for IPO; No; Hybrid(As specified in scope of work)
Advisory Bank
State Bank of India
ePBG Percentage
5%
ePBG Duration (Months)
12
Payment Timelines
Payments shall be made to the Seller within 45 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Locations
1
Delivery Cities
Chennai
Delivery Pincodes
600001
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| R Roopa | 600001,17, Jawahar building, Rajai Salai, Chennai | Chennai | Tamil Nadu | 600001 | Project / Lumpsum Based | - | - |
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Main Document
OTHER
OTHER
OTHER
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM_GENERAL_TERMS_AND_CONDITIONS
Extended Deadline
26-Sep-2026, 1:30 pm
Opening Date
27-Sep-2026, 1:30 pm
Discover companies most likely to bid on this tender
GST certificate
PAN card
Experience certificates highlighting prior IPO engagements
Financial statements (as applicable to bidders)
EMD/Security deposit details (if required per ATC)
Technical bid documents and methodology for IPO advisory
OEM authorizations or equivalent (if applicable to law firms/consultants)
Any regulatory or barred bidder declarations as per tender terms
Key insights about TAMIL NADU tender market
Bid submission requires review of the ATC for eligibility, submission documents, and milestone deliverables. Eligible bidders should demonstrate IPO regulatory experience, securities law proficiency, and capability to provide DRHP/prospectus support. Ensure alignment with the hybrid delivery model and provide a clear milestone-based payment plan.
Submit GST registration, PAN card, and experience certificates detailing prior IPO engagements. Include financial statements, technical bid with methodology, and any OEM authorizations if applicable. EMD details, if required by ATC, must accompany the bid as specified in the terms.
Deliverables likely include DRHP/prospectus drafting support, regulatory filings, disclosures, and compliance checks. Exact milestones will be defined in the scope of work and ATC; bidders should propose timelines for each milestone and confirm regulatory liaison capabilities.
The start date is not disclosed in the provided data. Bidders should monitor the official portal for the ATC release and subsequent amendment notices. Prepare and file preliminary documents so you can respond promptly when the ATC becomes available.
Candidates must demonstrate capital markets expertise, securities law proficiency, and prior IPO advisory experience. A track record of successful DRHP/prospectus support and regulatory compliance with ISM guidelines is advantageous. Hybrid delivery capability should be outlined with resource allocation details.
Payment terms are tied to milestones defined in the scope of work and ATC. Expect a structured schedule with payments upon milestone completion, subject to acceptance. Exact percentages and timelines will be stated in the ATC and scope of work.
Verify licensing, past IPO engagement credentials, and regulatory compliance records. Ensure the bidder’s organization is not blacklisted and that GST/PAN details match the bid documents. Cross-check with documented references of IPO work and client acknowledgments in submitted experience certificates.
The engagement requires familiarity with Indian securities law, SEBI IPO norms, DRHP/prospectus disclosures, and capital markets regulations. Compliance with regulatory filing timelines and disclosure requirements will be critical, with ATC detailing any additional state-level or port-specific guidelines.