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Set up a new electronic auction event for competitive bidding
Auctions allow vendors to compete in real-time, driving down costs. Once published, eligible vendors will be notified via email and portal notification.
Auction Details
Auction Title *
Auction Type *
Reverse auction: Vendors compete to offer the lowest price
Source RFQ
RFQ-2025-0023
RFQ-2025-0021
RFQ-2025-0019
Category *
Department
Schedule & Timing
Start Date & Time *
End Date & Time *
Auto-Extension Rules
Auto-extension prevents auction sniping and ensures fair competition among bidders
Maximum Extensions
Extension Duration (minutes)
Pricing & Bid Rules
Reserve Price *
₹
Minimum acceptable price (hidden from vendors)
Starting Price *
₹
Initial price displayed to vendors at auction start
Minimum Decrement *
₹
Minimum bid reduction per bid
Bid Visibility *
Rank Only: Vendors see their rank but not other bid amounts. Full Disclosure: All bids visible. Sealed: No visibility until auction ends.
Eligible Vendors
Vendors below are shortlisted from RFQ-2025-0023. Select vendors to invite to this auction.
LC
LabChem India Pvt. Ltd.
BS
Borosil Scientific Ltd.
SK
Sakshi Lab Equipments
Line Items Auto-populated from RFQ-2025-0023
| # | Item Description | HSN Code | Qty | UOM | Specification | Est. Value (₹) |
|---|---|---|---|---|---|---|
| 1 | C-Frame Lab Workbench | 9403.20 | 12 | Nos | 1500x750mm, SS 304 top, reagent rack, power outlets | 8,40,000 |
| 2 | Anti-Vibration Table | 9403.20 | 4 | Nos | 900x600mm, granite top, pneumatic isolation | 4,80,000 |
| 3 | Wall Mounted Cabinet | 9403.20 | 20 | Nos | 900x300x600mm, MS powder coated, glass shutters | 3,60,000 |
| 4 | Lab Stool - Adjustable | 9401.80 | 16 | Nos | Height adjustable 450-650mm, PU seat, chrome base | 1,92,000 |
| 5 | Sink Unit with Plumbing | 9403.20 | 6 | Nos | PP sink, gooseneck faucet, acid drain, 600x450mm | 2,16,000 |
| 6 | Reagent Shelf Unit | 9403.20 | 12 | Nos | 3-tier, 1500x300x450mm, SS 304, drip tray | 2,16,000 |
| Total Estimated Value | ₹23,04,000 | |||||
Rules & Terms
Auction Rules & Terms of Participation