IND-76/Loha Mandi/Auction
Tender Specifications & Timeline
15 FieldsAward of Contract (AOC) Details
Awardee / Contractor
SANTOSH KUMAR RAGHUWANSHI
Award Date: 01-Apr-2026
Completion Period: 365 Days
Contract Financials & Scope
INR 80,300,000
Contract Award Info Updated 29-Mar-2026 06:18 PM by Ramcharan Dawar
Total Bidders
7
Winning Bid (H1)
₹8.03 Cr
Estimated Value (PAC)
₹6.56 Cr
Margin vs Estimate
+22.43%
H1 to H2 Spread
+0.25%
Completion Period
365 days
AOC Award Date
01-Apr-2026
| Rank | Bidder / Contractor | Quoted Bid | Gap vs H1 | vs Estimate | Status |
|---|---|---|---|---|---|
| H1 | SANTOSH KUMAR RAGHUWANSHI#1466385 | ₹8.03 Cr | 0.0% (H1) | +22.43% | Awarded |
| H2 | AARTI SHIVHARE#1466281 | ₹8.01 Cr | -0.25% | Rejected-Fin | Rejected-Fin |
| H3 | MAYUR BANHANI#1465757 | ₹7.51 Cr | -6.48% | Rejected-Fin | Rejected-Fin |
| H4 | JAI MAA MUNDESHWARI ENTERPRISES#1466709 | ₹7.17 Cr | -10.71% | Rejected-Fin | Rejected-Fin |
| H5 | Vishal Pareta#1467109 | ₹6.65 Cr | -17.19% | Rejected-Fin | Rejected-Fin |
| H6 | SKYVIJ LIQUORS LLP#1465860 | ₹5.99 Cr | -25.40% | Rejected-Fin | Rejected-Fin |
| H7 | Manu Rai#1466299 | ₹5.58 Cr | -30.57% | Rejected-Fin | Rejected-Fin |
This tender covers iND-76/Loha Mandi/Auction, issued by Excise Department under reference 2639/25.03.2026 For 8th Round Auction. The estimated contract value is ₹6.56 Cr, and the tender is currently Expired. Following contract finalisation, the work has been awarded to SANTOSH KUMAR RAGHUWANSHI for a total value of ₹8.03 Cr.
This procurement is part of ongoing efforts by central government agencies and public sector undertakings to maintain and upgrade public infrastructure and services in Collectorate Indore. Vendors interested in similar opportunities can browse other tenders from the same issuing organisation below.
H2
H4
H7
H3
Highest Bidder
H6
H5
| Bidder | Submitted On | Status | Fin. Value | Rank | Remarks / Logs |
|---|---|---|---|---|---|
AARTI SHIVHARE #1466281 | 26-Mar-2026 08:55 PM | Rejected-Finance Updated: 29-Mar-2026 06:08 PM | 80100000.00 | H2 | H2 |
JAI MAA MUNDESHWARI ENTERPRISES #1466709 | 26-Mar-2026 11:23 PM | Rejected-Finance Updated: 29-Mar-2026 06:08 PM | 71700000.00 | H4 | H4 |
Manu Rai #1466299 | 27-Mar-2026 11:22 AM | Rejected-Finance Updated: 29-Mar-2026 06:08 PM | 55755789.00 | H7 | H7 |
MAYUR BANHANI #1465757 | 27-Mar-2026 11:03 AM | Rejected-Finance Updated: 29-Mar-2026 06:08 PM | 75100000.00 | H3 | H3 |
SANTOSH KUMAR RAGHUWANSHI #1466385 | 26-Mar-2026 07:33 PM | Accepted-AOC Updated: 29-Mar-2026 06:18 PM | 80300000.00 | H1 | Highest Bidder |
SKYVIJ LIQUORS LLP #1465860 | 27-Mar-2026 11:24 AM | Rejected-Finance Updated: 29-Mar-2026 06:08 PM | 59900000.00 | H6 | H6 |
Vishal Pareta #1467109 | 27-Mar-2026 11:57 AM | Rejected-Finance Updated: 29-Mar-2026 06:08 PM | 66500000.00 | H5 | H5 |
Bid Evaluation Details & Logs
technical bid opening
Date: 27-Mar-2026 01:03 PM
Officer: Ramcharan Dawar
7 bid have been rececived
technical evaluation
Date: 27-Mar-2026 01:07 PM
Officer: Anil Kumar Mathur
finance bid opening
Date: 27-Mar-2026 01:41 PM
Officer: Ramcharan Dawar
Auto Opened
finance evaluation
Date: 29-Mar-2026 06:08 PM
Officer: Ramcharan Dawar
About This Procurement Notice
This Madhya Pradesh state government tender was issued by Excise Department. The estimated contract value is ₹6.56 Cr. Bids must be submitted by 27-Mar-2026 12:00 PM.
BiharInfraTales aggregates procurement notices from Bihar eProcurement, GeM portal, and central government tender portals. Data is refreshed every 30 minutes. Always verify details on the official portal before submitting a bid.
Frequently Asked Questions
- QWhat is the status of the tender "IND-76/Loha Mandi/Auction"?
- The current status of this tender is "Expired". The submission deadline is 27-Mar-2026 12:00 PM. This information is sourced from official government procurement portals.
- QWho issued this Madhya Pradesh government tender?
- This tender was issued by Excise Department. The reference number is 2639/25.03.2026 For 8th Round Auction. It is a Madhya Pradesh state government procurement notice.
- QWhat is the estimated value of this tender?
- The estimated tender value is ₹6.56 Cr. This is the approximate contract value as disclosed in the official tender document.
- QWho won the contract for this tender?
- The contract for "IND-76/Loha Mandi/Auction" has been awarded to SANTOSH KUMAR RAGHUWANSHI with an awarded contract value of ₹8.03 Cr.
- QWhat is the final awarded contract value?
- The final awarded contract value is ₹8.03 Cr (22.43% above the estimated PAC of ₹6.56 Cr).