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Closed GEM

Procurement Opportunity: Supply, Printing and Personalization of ATM-cum-Debit Card with Starter Kit and Pin Mailer - NCMC in CHENNAI, TAMIL NADU

Bid Publish Date

24-Jun-2025, 3:20 pm

Bid End Date

29-Jul-2025, 4:00 pm

EMD

₹1,50,00,000

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Progress

RA
Issue24-Jun-2025, 3:20 pm
Reverse AuctionCompleted
Award25-Sep-2025, 12:27 am
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Quantity

10000000

Bid Type

Two Packet Bid

Categories 4

Indian Overseas Bank invites bids for Supply, Printing and Personalization of ATM-cum-Debit Card with Starter Kit and Pin Mailer - NCMC Card in CHENNAI, TAMIL NADU. Quantity: 10000000. Submission Deadline: 29-07-2025 16: 00: 00. Submit your proposal before the deadline.

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

Yes

Item Category

Supply, Printing and Personalization of ATM-cum-Debit Card with Starter Kit and Pin Mailer - NCMC Card

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENTINDIAN OVERSEAS BANK

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Bid Preparation GeM Registration Document Filing

Free consultation · 24h response

Documents 4

GeM-Bidding-7996842.pdf

Main Document

Buyer uploaded ATC document

ATC

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Required Documents

1

Experience Criteria

2

Bidder Turnover

3

Certificate (Requested in ATC)

4

OEM Authorization Certificate

5

OEM Annual Turnover

6

Additional Doc 1 (Requested in ATC)

7

Additional Doc 2 (Requested in ATC)

8

Additional Doc 3 (Requested in ATC)

9

Additional Doc 4 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

10

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

Corrigendum Updates

4 Updates
#1

Update

18-Jul-2025
#2

Update

16-Jul-2025
#3

Update

16-Jul-2025

Extended Deadline

29-Jul-2025, 4:00 pm

Opening Date

29-Jul-2025, 4:30 pm

#4

Update

15-Jul-2025

Extended Deadline

22-Jul-2025, 4:00 pm

Opening Date

22-Jul-2025, 4:30 pm

Reverse Auction Schedule

Completed

Start

20-Aug-2025, 8:00 pm

End

23-Aug-2025, 10:00 am

Duration: 62 hours

Reverse Auction Document

✅ RA concluded. Check financial results for final rankings.

Technical Results

S.No Seller Date Status
1
CMS INFO SYSTEMS LIMITED   Under PMA
29-07-2025 12:17:51
2
GIESECKE & DEVRIENT MS INDIA PRIVATE LIMITED   Under PMA
29-07-2025 09:03:15
3
IN-SOLUTIONS GLOBAL LIMITED   Under PMA
29-07-2025 14:23:18
4
KL HI-TECH SECURE PRINT LIMITED.   Under PMA
29-07-2025 13:01:25
5
MADRAS SECURITY PRINTERS PRIVATE LIMITED   Under PMA
29-07-2025 14:57:40
6
MANIPAL PAYMENT AND IDENTITY SOLUTIONS LIMITED   Under PMA
28-07-2025 17:30:07
7
VERSATILE CARD TECHNOLOGY PRIVATE LIMITED   Under PMA
28-07-2025 16:32:20

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
L1VERSATILE CARD TECHNOLOGY PRIVATE LIMITED   Under PMA Winner ₹43,72,00,000Item Categories : Supply, Printing and Personalization of ATM-cum-Debit Card with Starter Kit and Pin Mailer - NCMC
L2MADRAS SECURITY PRINTERS PRIVATE LIMITED   Under PMA₹43,78,00,000Item Categories : Supply, Printing and Personalization of ATM-cum-Debit Card with Starter Kit and Pin Mailer - NCMC
L3IN-SOLUTIONS GLOBAL LIMITED   Under PMA₹43,84,00,000Item Categories : Supply, Printing and Personalization of ATM-cum-Debit Card with Starter Kit and Pin Mailer - NCMC
L4CMS INFO SYSTEMS LIMITED   Under PMA₹71,39,00,000Item Categories : Supply, Printing and Personalization of ATM-cum-Debit Card with Starter Kit and Pin Mailer - NCMC
L5KL HI-TECH SECURE PRINT LIMITED.   Under PMA₹76,05,00,000Item Categories : Supply, Printing and Personalization of ATM-cum-Debit Card with Starter Kit and Pin Mailer - NCMC
L6MANIPAL PAYMENT AND IDENTITY SOLUTIONS LIMITED   Under PMA₹76,35,00,000Item Categories : Supply, Printing and Personalization of ATM-cum-Debit Card with Starter Kit and Pin Mailer - NCMC

🎉 L1 Winner

VERSATILE CARD TECHNOLOGY PRIVATE LIMITED   Under PMA

Final Price: ₹43,72,00,000

Contract / Result Documents 2

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Frequently Asked Questions

Key insights about TAMIL NADU tender market

What are the eligibility requirements for participation in the tender?

The eligibility requirements for the tender include being a registered entity, having the capacity to produce and supply ATM-cum-Debit cards and related products, and possessing experience in similar projects. Bidders must also comply with national and international quality standards and certifications relevant to the banking industry.

What certificates are required for bid submission?

To successfully submit their bids, participants must provide all relevant certificates, including those demonstrating compliance with quality standards, registration as a legal entity, and any certifications pertinent to the production of financial cards. These documents ensure that bidders meet the necessary criteria set forth in the tender.

How should documents be submitted for this tender?

Bidders are required to submit documents electronically through the specified procurement platform. Accepted document formats include PDF, Word documents, and any other format as mentioned in the tender guidelines. All submissions must be complete and submitted before the deadline to be considered valid.

What security requirements are in place for successful bidders?

Successful bidders must provide compliance with the performance security requirements, ensuring that they can deliver on the contract terms. This may entail submitting a performance guarantee in an acceptable form. It is critical that bidders understand these requirements as part of the evaluation process.

What benefits are available for Micro, Small, and Medium Enterprises (MSEs)?

Provisions for Micro, Small, and Medium Enterprises (MSEs) include preferences during the evaluation process, allowing them greater opportunities to secure contracts. The tender encourages MSE participation by streamlining application processes and ensuring adherence to governmental policies that promote MSE growth and development.