The International Financial Services Centres Authority (IFSCA) has announced the technically qualified bidders and financial bid opening date for the leasing of office space at different floors in the IFSCA HQ Building in GIFT City, Gandhinagar. The RFP reference number is IFSCA-Admn0IHBP/7/2025-GA, and the date of publication was 26.09.2025. The mode of tender is open, and the type of bidding is a two-bid system. The last date of receipt of bids was 10.11.2025, and eight (08) bids were received. Five bidders qualified after technical evaluation: ICAI, Scan Holdings Pvt. Ltd, Doha Insurance Group, Central Bank of India, and Automated Softtech Technology Pvt. Ltd. Three bidders did not qualify after technical evaluation: New Development Bank, National Payments Corporation of India (NPCI), and NPCI International Payments Limited (NIPL). The date and time of the financial bid opening is 22.12.2025 at 04:30 PM. Qualified bidders may attend the financial bid opening and evaluation process either physically at IFSCA or virtually. Details will be shared with qualified bidders via mail. The IFSCA is located at 2nd & 3rd Floor, Savvy Pragya, Gujarat International Finance Tec-City, Gandhinagar Gujarat – 382355, India, and can be reached by phone at +91-79-61809800 or via their website: www.ifsca.gov.in.
Key Entities Referenced
International Financial Services Centres Authority: A statutory authority established by the Government of India that is the primary issuer of this notice regarding qualified bidders.
GIFT City, Gandhinagar: Location of the IFSCA HQ building and the subject of the office space leasing RFP.
ICAI: One of the technically qualified bidders.
National Payments Corporation of India (NPCI): One of the bidders that was not qualified after technical evaluation.
International Financial Services Centres Authority
(A statutory authority established by Government of India)
2nd & 3rd Floor, Savvy Pragya, Gujarat International Finance Tec-
City, Gandhinagar Gujarat – 382355, India.
Tel: +91-79-61809800 / Web: www.ifsca.gov.in
Date: 19.12.2025
Notice Regarding Technically Qualified Bidders and Financial Bid opening date
RFP Reference No. IFSCA-Admn0IHBP/7/2025-GA
Date of Publication 26.09.2025
RFP Name Leasing of Office Space at different floors in IFSCA HQ Building in
GIFT City, Gandhinagar
Mode of Tender Open
Type of bidding Two bid system
Last date of receipt of bids 10.11.2025
Number of bids received Eight (08)
Nos. and names of bidders Five(05)
qualified after technical 1. ICAI
evaluation 2. Scan Holdings Pvt. Ltd
3. Doha Insurance Group
4. Central Bank of India
5. Automated Softtech Technology Pvt. Ltd.
Nos. and names of bidders Three (03)
not qualified after technical 1. New Development Bank
evaluation 2. National Payments Corporation of India (NPCI)
3. NPCI International Payments Limited (NIPL)
Date and Time of Financial 22.12.2025 at 04:30 PM
Bid opening Please note that qualified bidder may attend the financial bid
opening and evaluation process either physically at IFSCA or virtually.
Details of the same will be shared to the qualified bidders over the
mail.
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