MoneyWorks4Me

East India Drums secures LoA worth Rs 8.60 crore

23 Dec 2025 Evaluate

East India Drums and Barrels Manufacturing has received a Letter of Acceptance (LoA) from Indian Oil Corporation, a Maharatna Public Sector Undertaking, for the procurement of Open Top MS Steel Barrels (1.25 mm and 1.00 mm) for grease lubricants. The total contract value is Rs 8.60 crore, inclusive of GST, and the order is to be executed within 12 months from the date of issuance of purchase order.

East India Drums and Barrels Manufacturing is a drums and barrels supplier. The company is a one-stop solution meeting the needs of its global clientele.


Peers
Company Name CMP
JSW Steel 1169.00
Tata Steel 173.60
Steel Authority 171.50
Jindal Stainless 707.85
APL Apollo Tubes 2105.10
View more..