Merchant Banker Services for Assam Electricity Grid Corporation IPO

This tender, reference number AEGCL/HQ/ACCTTS/LISTING/26-27/, is issued by the Assam Electricity Grid Corporation Ltd (AEGCL), a State Government and UT entity, for the critical service of appointing a Merchant Banker/Book Running Lead Manager. The primary objective of this engagement is to facilitate AEGCL's proposed Initial Public Offering (IPO). Prospective bidders are invited to submit their proposals under an open tender process, with submissions commencing on October 12, 2026, at 10:00 AM and concluding on November 2, 2026, at 3:00 PM. The tender document download period runs concurrently from September 19, 2026, 6:00 PM to November 2, 2026, 3:00 PM. A mandatory Pre-Bid Meeting is scheduled for October 6, 2026, at 2:00 PM at BIJULEE BHAWAN, AEGCL HQ, Paltan Bazar, Guwahati, offering an opportunity for clarification. The tender involves a two-cover bid submission system, with Cover 1 for technical evaluation and Cover 2 for financial proposals, inclusive of a Bill of Quantities (BOQ). The Earnest Money Deposit (EMD) required is ₹1,00,000, payable to Nil, with no exemptions allowed. The tender fee is ₹1,000, also payable to Nil. The bid opening will take place on November 3, 2026, at 2:00 PM at BIJULEE BHAWAN. Bidders should note that the bid validity period is 180 days. This consultancy service tender is seeking experienced professionals to guide AEGCL through the complex process of an IPO.