Garden Reach Shipbuilders & Engineers Ltd
In terms of Reg 30 of the SEBI, LODR, 2015, we wish to inform that GRSE participated in the tender and become the Lowest Bidder for supply of 15 TON Electric Bollard Pull Tug for the approx. ....
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MEDIUM RISK
📅 Filed on BSE: 23 Jun 2026, 04:28 PM IST · BSE ID: 6faf2b78-c794-447a-a8e7-f22901a0411f
View Original BSE Filing (PDF)
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In Simple Terms
The company has successfully bid to supply specialized tugboats, with the final contract value to be disclosed later.
🤖 AI Summary
- GRSE is the lowest bidder for 15 TON Electric Bollard Pull Tug tender.
- Tender participation by GRSE is in compliance with SEBI LODR, 2015 regulations.
- The exact value of the tender bid for the tugs is not specified.
- GRSE is a government-owned shipbuilding company operating under Ministry of Defence.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Tug Specification
15 TON Electric Bollard Pull Tug
🏢 How This Affects the Company
Emerging as the lowest bidder positions GRSE to secure a new order, enhancing its order book and potentially expanding its market presence in specialized marine vessels.
Confirmation of the bid as a formal order would contribute to future revenue streams and impact the company's financial performance. Specific financial implications are pending contract finalization.
Successful execution of this order would require deployment of manufacturing capacity and skilled workforce for the production of the 15 TON Electric Bollard Pull Tugs.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders. Shareholders should await further announcements regarding the final award and contract value.
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Who Is Affected
All shareholders are potentially affected by new order wins that contribute to the company's future revenue and profitability.
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Management Signal
This signals proactive engagement by management in seeking new business opportunities within its core shipbuilding domain.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Confirmation of tender award and exact contract value.
Details of the client and project timeline.
Future order wins in shipbuilding and marine engineering sectors.
MEDIUM RISK
Uncertainty in bid value and final order award presents an execution risk.
💡 Investor Takeaway
Garden Reach Shipbuilders is the lowest bidder for a 15 TON Electric Bollard Pull Tug tender. The approximate value of the bid and the client are pending finalization and disclosure.
⚖️ Strengths & Concerns
✅ Positives
- Lowest bidder status indicates competitive pricing and capability for 15 TON Electric Bollard Pull Tug tender.
- Participation in tenders aligns with GRSE's core business of shipbuilding and marine engineering.
⚠️ Concerns
- The exact value of the tender bid is not yet disclosed in the filing.
- The filing does not specify the client or the timeline for order finalization.
📅 Company Track Record
Garden Reach Shipbuilders & Engineers Ltd. is a PSU shipyard under the Ministry of Defence, involved in building warships and commercial vessels.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is Garden Reach Shipbuilders & Engineers Ltd. status regarding the 15 TON Electric Bollard Pull Tug tender?
Garden Reach Shipbuilders & Engineers Ltd. has emerged as the lowest bidder for the supply of 15 TON Electric Bollard Pull Tugs.
What is the value of the 15 TON Electric Bollard Pull Tug tender bid by GRSE?
The filing states the tender is for an approximate value, but the exact financial figure is not yet disclosed.
What type of vessel is Garden Reach Shipbuilders & Engineers Ltd. bidding for?
The company is the lowest bidder for the supply of 15 TON Electric Bollard Pull Tug vessels.
Questions based on this BSE filing only. For information purposes.