Counterfoil / IndiaPublic record. Point in time.

Benchmarks for critical industrial capabilities in India.

Read the thesis ↗GSLV Mk III · ISRO · 05 June 2017 / archive photograph
Public record. Point in time.

We price the checkpoint, not the company.
We price the date, not the story.

Rare-earth oxide samples photographed by Peggy Greb for USDA.
01 / Materials · rare-earth oxides
An NIH scientist working with pipettes at a laboratory bench.
02 / Molecules · NIH archive
ISRO GSLV Mk III lifting off on 5 June 2017.
03 / Orbits · ISRO, 2017
Detail of a silicon microchip wafer, photographed by Syced.
04 / Silicon
Field of bidders20→5

Twenty bid. Five get a slot.

Stake on the table₹7,280cr

89% sales-linked.

Chance baseline1.25/ 5

C(20,5) = 15,504 equally likely.

Rubric v0.30.92

AUC on hold-out.

01 / The register

Five questions.
Real consequences.

Evidence in.
Calibrated output.

01 / Minerals
MineralsPrimitive
REPMSelection

Which five of the twenty bidders take a slot?

A neodymium magnet on a hard-drive bracket, photographed by Bloodshedder.
₹7,280 cr · 89% sales-linked
OutputP(win) × 20 — pending
Rubric v0.3. Feedstock route weighted first.
02 / Molecules
MoleculesOutcomes 3
483Ordinal

Does this inspection escalate?

An NIH scientist working with pipettes at a laboratory bench.
NAIVAIOAI
600–700 Indian sites under inspection
GateAUC ≥ 0.70
Input is the observation text, not the count.
03 / Baseline
BaselineDistribution
SCOREC(20,5)=15,504

What does chance already give?

▼
05
Output1.25 / 5
Distribution
19.37
44.02
29.35
6.77
0.48
0.007
Chance is the floor. Baselines are the benchmark.
04 / Minerals
MineralsState // drafting
MONAZITEBoolean

Does private access open, and how far?

Monazite crystal from Madagascar, photographed by Rob Lavinsky, iRocks.com.
FULLPARTIALNONE
IREL-exclusive, under DAE
Output— unpriced —
Decides whether any awardee gets domestic feedstock.
05 / Molecules
Molecules · ResolvedSequence
LADDERBoolean

Does escalation run in order?

22 JAN 26IMPORT ALERT 66-40
17 MAR 26WARNING LETTER
Flowchem Pharma
OutputFALSE
Alert preceded letter. Invisible without historical state.
02 / First committed record

On the record.
Before the result.

®C©F S• // 2026.09.20 // 15:42 IST

REPM 2026,
Sintered NdFeB.

Of twenty bidders, five take a slot.

Stake
₹7,280 cr, 89% sales-linked, MHI 2026.
Rubric
v0.3, six factors, feedstock route weighted first at 30%.
Resolves
on ministerial notification.
Sealed
sha-256
ea7cf9bc8dfce86936e0470e881584ee5b96d4212fff827f6d907c987b69422b
opentimestamps · bitcoin block 869,420
Twenty bidders // five win
  1. 01NEO Performance1.00
  2. 04N.A.N. Magnetech1.00
  3. 07Midwest Adv. Materials0.93
  4. 09Larsen & Toubro0.48
  5. 05Lohum Magnets0.42
  6. 02Proterial (India)0.39
  7. 06Attero Recycling0.39
  8. 08Coal India0.34
  9. 03PrNd Metal & Magnets0.06
  10. 1020 Microns0.00
  11. 11Ramp Metals0.00
  12. 12Nexon Geochem0.00
  13. 13Renew0.00
  14. 14Prozeal Green Energy0.00
  15. 15Solpro Greentech0.00
  16. 16BaRUpOn-IRP0.00
  17. 17Jay Fe Cylinders0.00
  18. 18Keystone Infra0.00
  19. 19Shankaranarayana0.00
  20. 20Starteck Finance0.00
Note

Sealed before the result was known. Pricing published at seal-time, not at settlement.

Photography & archive credits

Photographs are illustrative; they do not depict the named bidders or inspected plants. Treatments include cropping, monochrome, duotone and dithering.