Competitor profile

Bhagwati Insulation

They win 70% of what they bid, but only 48% of the value — the bigger bids get away.

30tenders on record
3buyer authorities
1state
13 Mar 2026last award
Total bids
30
30 including cancelled tenders
Awarded
21
9 lost · 0 still pending
Awarded value
₹22.4 L
of ₹46.8 L bid — 47.9% conversion
Win rate
70.0%
of 30 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count30 bids
70.0%
30.0%
Awarded2170.0%
Pending00.0%
Tech rejected00.0%
Lost930.0%
By value₹46.8 L
47.9%
52.1%
Awarded₹22.4 L47.9%
Pending₹00.0%
Tech rejected₹00.0%
Lost₹24.4 L52.1%

Where they win

3 authorities · 1 state

Top competitors

In tenders they both bid · bar shows how the awards split
01
SEHGAL SONS8 wins · 13 shared tenders
₹11.6 L
won head-to-head
02
NARESH AND COMPANY8 wins · 11 shared tenders
₹10.6 L
won head-to-head
03
Balaji Insulation Works5 wins · 8 shared tenders
₹20.4 L
won head-to-head
04
Guru Kripa Engineering2 wins · 7 shared tenders
₹1.2 L
won head-to-head
05
SANGAM ENGINEERING WORKS4 wins · 5 shared tenders
₹4.1 L
won head-to-head
06
ESS ESS Traders3 wins · 5 shared tenders
₹5.6 L
won head-to-head
Rival awardedBhagwati Insulation awardedOthers

About Bhagwati Insulation

Bhagwati Insulation appears as a bidder on 30 government tenders on record, from 3 buyer authorities in 1 state. Of its 30 decided bids, it was awarded 21 — a 70.0% win rate — worth ₹22.4 L in total. Its most recent award on record is from 13 Mar 2026.

Its largest buyer by awarded value is GM (The Bazpur Co-operative Sugar Factory Ltd.), at 71.6% of what it has won, out of 3 authorities that have awarded it work. Most of its awards come from Uttarakhand. On priced bids, its median quote is the lowest (L1).

It most often bids against SEHGAL SONS, NARESH AND COMPANY and Balaji Insulation Works. SEHGAL SONS bid on 13 of the same tenders and won 8 of them; Bhagwati Insulation won 11.

This profile is built from what portals disclose publicly. Several states never release bidder lists or quoted prices, so it likely understates a company's true footprint. Companies are matched by the name they bid under, so firms sharing a common name can appear together. A tender counts as won when the company received the award. TenderShark compiles these public records independently and has no association with any government portal, buyer, or bidder.