Total bids
4
4 including cancelled tenders
Awarded
2
1 lost · 0 still pending
Awarded value
₹36.8 L
of ₹5.9 Cr bid — 6.3% conversion
Win rate
50.0%
of 4 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count4 bids
50.0%
25.0%
25.0%
Awarded250.0%
Pending00.0%
Tech rejected125.0%
Lost125.0%
By value₹5.9 Cr
53.0%
40.7%
Awarded₹36.8 L6.3%
Pending₹00.0%
Tech rejected₹3.1 Cr53.0%
Lost₹2.4 Cr40.7%
Where they win
1 authority · 0 statesTop buyer organisations
Operating states
LowHigh
2 awards on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedBalaji Insulations awardedOthers
Recent tenders awarded to Balaji Insulations
- KLIT/Jetty line/Insulation/ PT04IndianOil · 16 Nov 2023₹18.4 L
- Painting of various pipelinesIndianOil · 31 May 2019₹18.4 L
About Balaji Insulations
Balaji Insulations appears as a bidder on 4 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 4 decided bids, it was awarded 2 — a 50.0% win rate — worth ₹36.8 L in total. Its most recent award on record is from 29 May 2025.
Its largest buyer by awarded value is IndianOil, at 100.0% of what it has won. On priced bids, its median quote is the lowest (L1).
It most often bids against SAI COATS, FRP ENGINEERS PVT LTD and Industrial Associates. SAI COATS bid on 3 of the same tenders and won 0 of them; Balaji Insulations won 2.